easiest money in my life

padutrader said:
trading ranges and chop have the same market action but as time frames keep getting smaller and smaller and smaller the fluctuations get smaller ,the patterns get smaller, and you have to less and less time to recognize and digest what the market is telling you.

if you can manage it, you can just go down a time frame or two and trade any chop.

for people who cant manage it that is noise to them.
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Glad you finally figured this out. But there's one more to the equation: momentum.

Take your time with this one. It won't be easy. :)

Remember, Price = Momentum + Time
 
schizo said:
Glad you finally figured this out. But there's one more to the equation: momentum.

Take your time with this one. It won't be easy. :)

Remember, Price = Momentum + Time
More...

it is one thing knowing something but quite another thing to commit to it, in the face of opposite market action.
if you overextend yourself by taking too big a position [because you know!] or are undercapitalized, then you are at a huge disadvantage.

that is why now after so many months of ES i have shifted to MES.

it does not matter how much you know.


what matters, is what you DONT know.

you have to know one thing after another and that takes time.

so asking someone how much money they made every 6 months is idiotic.

to become a master, it takes a long time: the exact amount of time, obviously differing from person to person.

and you have to be a master just to survive.it may take longer for you to actually turn a profit consistently.
and so whoever asks you how much money you made knows shit about trading and i am noticing those persons are becoming fewer by the year
 
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