give me simple day trading method that works?

[pegasys1]

es.dreamer gave GREAT info that can act make you serious money.

People are laughing at him.

That is why most fail, when given real answers, they don't even know it.

So sad.

 

[jinxu]

Quote from d08:

1. Who says they aren't?
2. It's a sim account, you can't buy a Bentley with sim money.

Well, I know you aren't.

 

[oraclewizard77]

No offense, but he did not. That is standard advice found in most TA books about trading a failed pattern.

Its possible to trade simple methods but it takes years till one is able to trade them profitably with real money on the hard right edge of the screen.

Also, standard TA patterns are not random, but they do fail, and sometimes those that fail reverse back up to make the original pattern work. There is no 100% reliable method which is why most people don't understand how to use TA correctly since even being 50% right you can make money, and sometimes being 90% right will lose you money.

Quote from pegasys1:

es.dreamer gave GREAT info that can act make you serious money.

People are laughing at him.

That is why most fail, when given real answers, they don't even know it.

So sad.

 

[d08]

Quote from jinxu:

Well, I know you aren't.

Actually my YTD is higher than that number. One higher earner day has very little meaning, consistency is what you are after. I'm still trying to find out what was the point of your original message.

 

[Elite Loser]

buy some AMZN everytime it falls 10%

 

[pegasys1]

What creates selling ? Longs throwing the towel.

What creates buying ? Shorts throwing the towel.

That is what's important.

 

[xiaodre]

Here ya go. Try the opening range breakout.

You're welcome.

 

[bigspeculate]

Quote from xiaodre:

Here ya go. Try the opening range breakout.

You're welcome.

do these setups work as well as he claims?

 

[tomahawk]

Quote from bigspeculate:

do these setups work as well as he claims?

Or more specifically relevant to ET members, do YOU (xiaodre) trade them profitably ... and if so, may I ask - what do you pay in commissions per car?

Trading (scalping) in the pits is a completely different ballgame than doing it retail.

 

[ES.Dreamer]

Quote from oraclewizard77:

No offense, but he did not. That is standard advice found in most TA books about trading a failed pattern.

Its possible to trade simple methods but it takes years till one is able to trade them profitably with real money on the hard right edge of the screen.

Also, standard TA patterns are not random, but they do fail, and sometimes those that fail reverse back up to make the original pattern work. There is no 100% reliable method which is why most people don't understand how to use TA correctly since even being 50% right you can make money, and sometimes being 90% right will lose you money.

Go to amazon, search for a book on trading failed patterns, see how many you find.

Best trading advice in ET is often overlooked this is probably no exception.

I would not trade any other way.

ESD