hmm.no edges in the markets

[sheda]

Quote from marketsurfer:

Exactly! Profitable trading with price action has nothing to do with TA or price action before the entry. After the entry, money management is how the money is made. This is self evident yet they still cling to the feel good.

Day trade without a chart for a month and prove it, real account though..oh and by the way its trade management after the trade is entered..

 

[Ned Stark]

And I'm certain these guys are NOT taking random entries.

Quote from sheda:

Day trade without a chart for a month and prove it, real account though..oh and by the way its trade management after the trade is entered..

 

[sheda]

Quote from Ned Stark:

And I'm certain these guys are NOT taking random entries.

Oh dont be silly! It all comes down to deciding how much you are going to risk after you have entered the trade :lol:

 

[wrbtrader]

There are primarily three basic groups of traders that are price action trading.

1) Traders that use charts...sometimes this is refer to as chart reading of price patterns or key price areas without indicators

2) Traders that use time & sales/bid & ask screens...sometimes this is refer to as tape reading involving order flow without charts

3) Traders that use both of the above as in charts and time & sales/bid & ask screens without indicators

However, most price action traders that are tape readers do not consider themselves to be using technical analysis.

 

[marketsurfer]

Quote from sheda:

Oh dont be silly! It all comes down to deciding how much you are going to risk after you have entered the trade :lol:

This is a very naive response. After you enter, you can add, subtract or stay the the same size. That's called trade management, and that's the only edge you have over the market.

 

[sheda]

Quote from marketsurfer:

This is a very naive response. After you enter, you can add, subtract or stay the the same size. That's called trade management, and that's the only edge you have over the market.

Everythings a naive response to you the one and only market master. Being able to add subtract or stay steady is responding to the situation, so put your word where your mouth is, your fast enough to say away with PA/TA..SHOW US. Day trading one month.

 

[marketsurfer]

Quote from sheda:

Everythings a naive response to you the one and only market master. Being able to add subtract or stay steady is responding to the situation, so put your word where your mouth is, your fast enough to say away with PA/TA..SHOW US. Day trading one month.

I'm far from any kind of market master. But I do know what makes sense and what does not make sense. surf

 

[Josef K]

Quote from marketsurfer:

After you enter, you can add, subtract or stay the the same size. That's called trade management....

And as you showed us with how you handled your fake YM trade, you're quite the expert on it!

 

[sheda]

Quote from marketsurfer:

I'm far from any kind of market master. But I do know what makes sense and what does not make sense. surf

Avoiding the challenge surf? Looks like its time to stop going around talking like an expert about what others can do with their trading plans/methods, if you cant do it your self.

 

[koolaid]

this thread has a bunch of noobs trading in their basements yapping back and forth with now real proof of anything.