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  1. SimpleMeLike

    Market chop... buy the bottom of the range, sell top of range. Nothing other until range breaks.

    Hello M.W., Do your algos experience long periods of drawdown? I have 2 intraday swing algo on the ES and NQ, both been in drawdown since February 2023.
  2. SimpleMeLike

    Market chop... buy the bottom of the range, sell top of range. Nothing other until range breaks.

    Good Evening M.W., I perfectly understand where you coming from. I do not know any manual profitable traders on the ES of 1+ years. Still trying myself. But I can only speak for myself.
  3. SimpleMeLike

    Market chop... buy the bottom of the range, sell top of range. Nothing other until range breaks.

    Hello semperfrosty, I am beyond aware of the power of an algo. Believe me on that part. I probably spend about +10 hours a day back testing stuff. But manual trading is more profitable. Reading the chart is VERY easy I just like the ES market
  4. SimpleMeLike

    Market chop... buy the bottom of the range, sell top of range. Nothing other until range breaks.

    Hello semperfrosty, I program and back test algos alot. And I run some live as well. Two is currently in big drawdown this year. One algo is doing ok. I also manual discretionary click about 10 times a day. Whatever it takes to get to 100ES contracts. One way or the other.
  5. SimpleMeLike

    Market chop... buy the bottom of the range, sell top of range. Nothing other until range breaks.

    Hello M.W., I am believer in data engineers obtaining algos to produce and edge. Futhermore, more algos the better. I agree with you on this. However, question: 1. Are you suggesting that manual traders clicking the chart do not have a edge and make no money year to year?
  6. SimpleMeLike

    Market chop... buy the bottom of the range, sell top of range. Nothing other until range breaks.

    Hello M.W., I do not have the resources to compete with quants. This is what I mean. I do not know what a quant is, and I do not care what a quant is. I do what is simple and less time consuming. Stare at Price TA and click the buy and sell button. I do not have a preference, algo or manual...
  7. SimpleMeLike

    Market chop... buy the bottom of the range, sell top of range. Nothing other until range breaks.

    Hello Scataphagos, Yes, I can understand the mental pressure of having to make money to pay the bills.
  8. SimpleMeLike

    Market chop... buy the bottom of the range, sell top of range. Nothing other until range breaks.

    Hello hilmy83, I also build and test algos as well like you. but I click too.
  9. SimpleMeLike

    Market chop... buy the bottom of the range, sell top of range. Nothing other until range breaks.

    Hello hilmy83, Great job on your returns you post. Glad to see returns. Regarding discretionary trading: If your eyes say buy, then buy, if your eyes say sell, then sell. This is why it is called discretionary because the eyes is our discretionary edge. There is no criteria needed, you do...
  10. SimpleMeLike

    Market chop... buy the bottom of the range, sell top of range. Nothing other until range breaks.

    Good Morning Scataphagos, I AGREE 1000%. You know I support your comments and agree. I am a FAR better trader than a quant or algo. Us retail traders have an advantage over the quants and algos because we see the real time price.
  11. SimpleMeLike

    Market chop... buy the bottom of the range, sell top of range. Nothing other until range breaks.

    Good Morning hilmy83, You mentioned some valid points indeed, but we are alone traders not the quants. We do not have their tools and software to compete with them. and do not share with us.
  12. SimpleMeLike

    Market chop... buy the bottom of the range, sell top of range. Nothing other until range breaks.

    Hello Scataphagos, You are correct buddy. You are correct. Trading gets easier once we KISS and simply SEE the truth in the price.
  13. SimpleMeLike

    Why do newbies lose?

    Hello padutrader, Did you go to Flordia to see Brooks trade live in front of an audience of his students last year?
  14. SimpleMeLike

    Why do newbies lose?

    Hello padutrader, I respect your statement.
  15. SimpleMeLike

    Why do newbies lose?

    Hello Overnight, I never called any one ET a bad name in my life sir. I am always kind to everyone on ET, not sure where you get the word coward from. Why would I call someone on ET before I never met before a bad name or a coward? I do not know you guys and gals. LOL, yes, I am in a real...
  16. SimpleMeLike

    Why do newbies lose?

    Hello destriero, Well my old pal, I can only tell you what I know. Us retail traders are working beyond tooo hard, when it is much more easier. If you think about trading all together, there is no way it should be this hard.
  17. SimpleMeLike

    Why do newbies lose?

    Hello padutrader, Thank you, But sir, trading should not be this hard, do you think? Just stop and think, all the knowledge you have with Brooks, do you really think trading is this complicated? There are three things you are missing in your trading padutrader, but if I tell you, then I give...
  18. SimpleMeLike

    "Do trendlines work?" + Confluence of support... SP 4200?

    Hello Scataphagos, nice chart
  19. SimpleMeLike

    Renaissance Technologies CEO says Investing is ‘Giant Problem in Math’

    Good Morning speedo, You are very good at wording when it comes to trading. I think us humans are better traders then robots.
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