Intraday does not make sense.

What I have observed about trading at support & resistance, especially the major ones, is that price can swing around that area huge & fast for some time too. It can really hit you hard if you are caught trading against it. Example - If you think that there will be a bounce from support, and price suddenly penetrates through it huge, how fast can you get out? Handle123's video is a good show of what can happened. Stops might not help if you are filled at a bad price...
dextor,

I understand fully what you saying.
 
When you have identified a pattern the money pours out. PM me an es pattern and I will make us a fortune or show you where your assumption has led to false conclusions. After 1 comes 2, then 3. Betting on three after 2 will produce 100 winners. If it does not, not a pattern.
If the premises are correct, developed logically, good chance the conclusions are accurate. No one has total knowledge other than GOD. He's not on ET
Perhaps you could elaborate on the your "make us a fortune" bit.
 
I keep thinking the same thing.
Intradia does not make sense.
Wear
It's stupid.
It does not take you anywhere.
It takes a lot of time.
The benefit-risk ratio does not play in your favor.
You do not win with dividends.
You pay more taxes.
It produces visual and mental blindness.
The worst of all is that a lot of people lose their savings that cost them so much to win in an absurd game without any foundation where only sellers of smoke earn.
 
I keep thinking the same thing.
Intradia does not make sense.
Wear
It's stupid.
It does not take you anywhere.
It takes a lot of time.
The benefit-risk ratio does not play in your favor.
You do not win with dividends.
You pay more taxes.
It produces visual and mental blindness.
The worst of all is that a lot of people lose their savings that cost them so much to win in an absurd game without any foundation where only sellers of smoke earn.

I think you are part of a religious sect called: the anti-daytrader.

If not then it will be of the "I am an idiot" community.

Tell us: which one is it?
 
I think you are part of a religious sect called: the anti-daytrader.

If not then it will be of the "I am an idiot" community.

Tell us: which one is it?


for whatever strange odd orthodox reasons, TTT is
criticising, condemning, excoriating day trading.
 
The best advise i ever received:

Never take advise from a desperate, losing trader.
To bad there are so many of them on this and other forums, never had succes yet they are here giving others advise and claiming to know how to make profit.
However for some reason, of course not their own, never made a consistent profit.

Now isn't that funny.
Can I get an AMEN. Their own negativity is their own demise. When the reply is "you can't do it", I understand that they mean they couldn't do it. Took me a single post to figure these guys out. There loss, not mine.
Great observation and comment.
 
I keep thinking the same thing.
Intradia does not make sense.
Wear
It's stupid.
It does not take you anywhere.
It takes a lot of time.
The benefit-risk ratio does not play in your favor.
You do not win with dividends.
You pay more taxes.
It produces visual and mental blindness.
The worst of all is that a lot of people lose their savings that cost them so much to win in an absurd game without any foundation where only sellers of smoke earn.
We get it, you don't get.

Stupid is as stupid does.-Forest Gump
 
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