If you consider that insightful that's sad.
How to identify 2% club of succesful traders in ET?
- Thread starter rajesheck
- Start date
If you consider that insightful that's sad.
I saw the potential of earnings but I was stuck with some patterns which dried away as market conditions changed constantly.
Now after long and painful learnings I don't depend on any patterns. Just plain vannila trading with trend is my uniqueness. Early detection of trend made it possible. In the above thread i have given my insights why early trend works
So your outside the box thinking didn’t work?
Can you explain your question?
For eight years you have been pitching this "outside the box thinking" and you didn't earn.
After I wrote this i saw a post where you said your stops never hit.
My trading changed dramatically once I stopped searching for early trend signals a while ago.
It is so much easier to trade in an environment with an already clearly established trend in my opinion.
But that is the beauty of trading - so many strategies that work if you have your psychology under control.
Actually that is incorrect, there are only two strategies that work, everything else is an interpretation with varying and variable levels of success and failure, but never close to the original two strategies.
Your point on the trend however is correct, avoid the start and end while concentrating on the middle, the one thing no one ever does.
Usually scalping works better in well established trends