The idealized and marketed trader's equation offers a seemingly logical explanation for the potential profitability of a day trader's method, it suggests that if a day trader is able to risk half or less of the profit potential of a trade and is able do that around 50% of the time then they can, in theory, have a profitable strategy currently and into the future. Unfortunately a positive trader's equation is no longer valid in HFT-dominated markets for discretionary day traders.
@Q3Q
with all due respect....
what would ever incite a trader to write a lengthy statement among others, such as this:
....Unfortunately a positive trader's equation is no longer valid in HFT-dominated markets for discretionary day traders....
trader, any trader or traders, who agrees with such uninformed and unfamiliarized with
profitable trading.... inadvertently discloses that whatever he/she has been working on....
is less than satisfactory and less than profitable at the very best.
many traders here.... {like @profitlocker, for one whom i do not know personally....} and else where would take you to task, so to speak, big players and
bigger players and biggest players.... come and go....
it really matters not a single bit.... for those profitable traders who also come along but
they do not go away....
they trade their own setups and parameters, it matters not who are in the markets,
nor how large their lots are at any given moment....
just as soon as their trades show up on the screens, it matters not either, whether they are
buying or selling, whether it is spiking up or down....
we are ready to eschew.... and spit it out immediately if we are proven wrong.
however, if we are correct in our analyses, then.... we'll just take what the markets
would give us to the extreme, always.
so, comrade Q3Q.... gets to work.... and pick your trade methodologically....
and we'll meet you at the cashier counter.... K?
or perhaps we misconstrued your good intention, with regrets....?
best trading everyone
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