Day trading is losers game

[oilfxpro]

Quote from cornixforex:

I like challenges, so checked GBP charts to see if my stuff would work there... Looks even better than Euro due to high volatility of the cable.

Works great on 1,000 a/c trading futures with Dr Stumm's signals room.

 

[cornix]

Quote from oilfxpro:

Works great on 1,000 a/c trading futures with Dr Stumm's signals room.

Maybe, no idea what Dr Stumm does and what his room is like.

One of ET old-timers and few real traders on this forum, bighog once said he never used other people signals, cause he didn't want to depend on them.

I agree with him.

 

[flyingiguana]

well maybe thats why i dont like trading the eur/usd. i'm mostly into yen carry trade pairs..

my understanding is the larger timeframes have more volatility within the bar but smaller timeframes have more volatility over a certain period of time, ie overbought to oversold level. not to mention a lot more chart noise to boot.

 

[cornix]

Yes, my plays are mostly reversals, and intraday charts provide a lot of them.

 

[oilfxpro]

Here is random scalping , it makes money in day trading.Wide stops etc

76 trades , profit 3608/8 hours,running loss 2122

 

[eudaemon]

Everyone is a daytrader the day they put a trade on or take it off. Therefore everyone is a loser. Except, of course, me.

 

[Neenisti]

Quote from oilfxpro:

Here is random scalping , it makes money in day trading.Wide stops etc

76 trades , profit 3608/8 hours,running loss 2122

Good for you man. I just can't trade that much. I had 9 trades in July Crude yesterday trading a faster chart. I was really happy but considered I had over traded. Today, so far, only 2 and still long.
Again, way to go. Just goes to show that there are many different was to skin the market.

 

[cvds16]

I know cornixforex now over three years and have been in a private chatroom with him since about 2 years now. I can attest to the fact the he is both a professional and can trade like the best out there tying all kinds of tf's together. He's mainly trading reversal with his six pips stop and stays in the trend when the bigger timeframes show him too. In fact he has been a great inspiration for me. So despite what a lot of people think, this can be done ...

 

[Neenisti]

Quote from Dalmation:

Good point captain.

Neenesti is all hat and no cattle. He or she is afraid to post any trades since everyone will quickly learn those who are most arrogant are the dumbest in this sport.

No comment Mrs. Dalmation . . . I didn't think so.
Easy to see now who is the most arrogant & dumbest now.

 

[oilfxpro]

Quote from cornixforex:

I like challenges, so checked GBP charts to see if my stuff would work there... Looks even better than Euro due to high volatility of the cable.

Try it , call some live trades in advance and post the results .