ES Journal - 2019/2020

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Thats why i laugh at people that pay for trading rooms and 1 week courses and bs like that . I was bored the other night and watching that Oscar the es trader. I was laughing my ass off . People must understand when your a short term trader news is the most important thing that determines movement and none of us can predict news . Thats why trading is a career of reacting to news and not trying to predict it . I just want the middle 20-40% of the move .
 
It's tough using anything that someone else does and trying to duplicate it, there's often a lot of nuances involved in reading indicators and trade styles, it isn't always as simple as two lines crossing just from a purely mathematical stance.

Also, there's often context from other indicators or maybe even things the other person doesn't realize to tell someone else, which can change the entire profit factor from a winning strategy to a losing one. Some indicators seem like their garbage, but if you ignore how they are "suppose" to be traded, you can sometimes find useful things in them that are helpful.
 
trdes said:
It's tough using anything that someone else does and trying to duplicate it, there's often a lot of nuances involved in reading indicators and trade styles, it isn't always as simple as two lines crossing just from a purely mathematical stance.

Also, there's often context from other indicators or maybe even things the other person doesn't realize to tell someone else, which can change the entire profit factor from a winning strategy to a losing one. Some indicators seem like their garbage, but if you ignore how they are "suppose" to be traded, you can sometimes find useful things in them that are helpful.
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There are as many variations to trade as there are traders. To paraphrase Einstein, keep things as simple as you can but not simpler. Occam's Razor and all that. Use what you find you need to provide clear signals which give you positive expectancy.
 
trdes said:
It's tough using anything that someone else does and trying to duplicate it, there's often a lot of nuances involved in reading indicators and trade styles, it isn't always as simple as two lines crossing just from a purely mathematical stance.

Also, there's often context from other indicators or maybe even things the other person doesn't realize to tell someone else, which can change the entire profit factor from a winning strategy to a losing one. Some indicators seem like their garbage, but if you ignore how they are "suppose" to be traded, you can sometimes find useful things in them that are helpful.
More...
i always always good at just reading the tape..feeling the moves off of the quotes...maybe i'm a scalper at heart..but i've made big money trading options on patterns...but i don't sleep when i do that...dicking around though scalping, i think i could do that.
 
speedo said:
There area as many variations to trade as there are traders. To paraphrase Einstein, keep things as simple as you can but not simpler. Occam's Razor and all that. Use what you find you need to provide clear signals which give you positive expectancy.
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thats 100% real advice..everyone can teach you soemthing, even if it's what not do

this was for hooti idk why it got tied to speedo , but good quote here too lol
 
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