Doesn't mean you do it every year. Doesn't mean it was "easy". I've trade a long time and have made >50% in a year only 4 times. (And I'm smarter than the average duck. Don't believe it, just ask me.)
How can you even claim that technicals matter?
- Thread starter farmerjohn1324
- Start date
Doesn't mean you do it every year. Doesn't mean it was "easy". I've trade a long time and have made >50% in a year only 4 times. (And I'm smarter than the average duck. Don't believe it, just ask me.)
mr fj, Be your own expert! You show the capability for that, no problemo.
Given your time constraints, the likelyhood of success in hands-on trading is slim. Why not look into a strategy* that requires only scheduled visits to the topic with rare likelyhood of emergency tune-ups for a well laid out approach. Still gives you bragging rights at the club. A busy executive would delegate the data gathering and analysis functions that will update the model with up to date data. A one time event, see link.
Now, If indeed you are interested in the persuing any demonstrated gains of the updated setup data analysis, then rock on, it ain't rocket science. If you already have a better way to deploy your assets, why waste time? Active trading ain't no place for one of insufficient time and inclination my friend, though you are most welcome.
A Schedulable Investment Strat*
https://elitetrader.com/et/threads/...-technicals-matter.339911/page-4#post-5003853
https://gbr.pepperdine.edu/2010/08/seasonality/
How to E-mail Virtual Assistants (or Any Assistants): Proven Templates
https://tim.blog/2010/11/02/virtual-assistants/
https://tim.blog/category/outsourcing-life/
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You have to watch the charts and get proper trading training BEFORE placing your bets, so you understand what odds are in your favor.
Why not seek some trading education and practice/experience first, and then place bets?
It was referring to earlier posts of people advocating use of technicals.
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That+trends, tomt27.
And a lotto is a stupid tax on people that cant do math. Trading /investing is not gambling or about predcitions for those that think it is, go to Vegas as a card counter + see how far you get........................................................................................................................
No, Predicting by guessing, thinking and with an attitude that markets can't be predicted at all that is noob.
What isn't noob is trading what you KNOW not what you think and understanding the markets can be predicted on some setups way above 50%.
Edit: not trying to be harsh, but to say markets can't be predicted just isn't factually correct. Sure not 100%, but there's certainly set ups above 50%
EXACTLY THE POINT!
Proper trading is like counting cards in black jack. As a card-counter, you KNOW when the deck is in your favor... and that's when you bet. Doesn't promise you'll win on the next bet... just that the odds are in your favor at that time and you know it. Rinse and repeat.
Simplify your life buddy.
And invest the S&P500 index every month like us common folks.
I invest in S&P 500 index every time my employer pays me, and my returns in 2019 are about 30% (including quarterly dividends). I max ($19.5k) it out to government limits every year. EASY money. Too damn easy. I rarely even check my account and give 4 rats ass what the market is doing day to day.
However, day trading is a side business to me because I like the challenge and potential side income. Long term, S&P 500 index.
Get the SIMPLE shit right first. Get the damn SIMPLE shit right first. Then go get trading education if you want to.
Whom advocated technicals and which ones specifically stated something that's factually incorrect to you ?
wrbtrader