Forget futures and forex...

S

short&naked

Both ET members lescor and neke trade mostly single stocks and have both lasted close to 10 years in this business. One of the best perf. systems on collective2 trades NQ stocks.

See the patterns here? Forget futures and forex. They are losing proposition for the retail trader without a serious edge.
 
Quote from short&naked:

See the patterns here?
More...

Yes!

Looked at forex charts, saw patterns.

Looked at futures charts, saw patterns.

Looked at stock charts, saw patterns.

Looked at options charts, saw patterns.

Looked at 1-min, 3-min, 5-min, 10-min, 15-min, 30-min, 60-min, daily and weekly charts; saw patterns.

They all seem to display the same patterns over and over again.

Why futures and forex so bad? :confused:
 
Quote from NoDoji:

Yes!

Looked at forex charts, saw patterns.

Looked at futures charts, saw patterns.

Looked at stock charts, saw patterns.

Looked at options charts, saw patterns.

Looked at 1-min, 3-min, 5-min, 10-min, 15-min, 30-min, 60-min, daily and weekly charts; saw patterns.

They all seem to display the same patterns over and over again.

Why futures and forex so bad? :confused:
More...

Well said!
 
Quote from NoDoji:

Yes!

Looked at forex charts, saw patterns.

Looked at futures charts, saw patterns.

Looked at stock charts, saw patterns.

Looked at options charts, saw patterns.

Looked at 1-min, 3-min, 5-min, 10-min, 15-min, 30-min, 60-min, daily and weekly charts; saw patterns.

They all seem to display the same patterns over and over again.

Why futures and forex so bad? :confused:
More...


Yes, you see patterns, but what makes you think you can trade them?
 
Quote from short&naked:

Yes, you see patterns, but what makes you think you can trade them?
More...

I trade them every day. Intraday w 5-min chart, swing trade w 5-min and daily chart.
 
Quote from short&naked:

Yes, you see patterns, but what makes you think you can trade them?
More...
Gee, If you see patterns, you know the future.

There might be one advantage to trading one smaller stock. You can gain some power to move the stock.
The population of traders for one smaller stock will be very small. You should be able to pick up on their habits a little better.
 
I see trees of green, red roses too
I see them bloom for me and you
And I think to myself what a wonderful world.

I see skies of blue and clouds of white
The bright blessed day, the dark sacred night
And I think to myself what a wonderful world.

The colors of the rainbow so pretty in the sky
Are also on the faces of people going by
I see friends shaking hands saying how do you do
They're really saying I love you.

I hear babies crying, I watch them grow
They'll learn much more than I'll never know
And I think to myself what a wonderful world
Yes I think to myself what a wonderful world


What A Wonderful World
~ Louis Armstrong

written by Bob Thiele (as George Douglas) and George David Weiss.
 
professional traders daytrade futures and forex is mostly for daytrading and really short term trading..professionals only daytrade futures and forex.

there are hedgers for hedge funds and agriculture hedgers for commoditiy producers..

position trading or swing trading is better for stocks rather than futures.

forget futures for position or even swing trading...some people use futures for hedging but you can do that with options.




Quote from short&naked:

Both ET members lescor and neke trade mostly single stocks and have both lasted close to 10 years in this business. One of the best perf. systems on collective2 trades NQ stocks.

See the patterns here? Forget futures and forex. They are losing proposition for the retail trader without a serious edge.
More...
 
Quote from intradaybill:

I see trees of green, red roses too
I see them bloom for me and you
And I think to myself what a wonderful world.

I see skies of blue and clouds of white
The bright blessed day, the dark sacred night
And I think to myself what a wonderful world.

The colors of the rainbow so pretty in the sky
Are also on the faces of people going by
I see friends shaking hands saying how do you do
They're really saying I love you.

I hear babies crying, I watch them grow
They'll learn much more than I'll never know
And I think to myself what a wonderful world
Yes I think to myself what a wonderful world


What A Wonderful World
~ Louis Armstrong

written by Bob Thiele (as George Douglas) and George David Weiss.
More...



Whatever you are on... I want some.
 
Why forget futures?
It a level playing field- the market can either go or up or down, just hope you are the right side, just like any other commodity. be it second hand cars etc..
 
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