Intraday does not make sense.

Perhaps you could elaborate on the your "make us a fortune" bit.
Show me a pattern and leverage it up. A real pattern is predictable. I am a pattern recognition expert.
In the ES, only market I trade, I have found zero true patterns. The 3:55, 5 minute chart is 99% the highest volume of the day session. I stay away from that, too volatile. That info makes me nothing but maybe I save on losses.
Again, show me a true pattern, like counting numbers and anyone can leverage to a fortune. You will have 100% winners as long as you follow the pattern.
I will find a pattern before you. I do not believe a true pattern exists.
My system is 4 approaches simultaneously. A trend indicator, a volume indicator, a time indicator, and a velocity indicator.
By themselves, they lose. All together, 4 entry signals, at the same time means enter.
I play for one tic because those signals have a very limited shelf life. I need to get in and out in the same candle or trouble. Nature of the choppy ES.
Thanks for asking.
Today, the Oracle predicts, small range, low volume,, and a loss for the ES. ES CURRENTLY PLUS 10 POINTS. BOLD CALL?
 
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I have him on ignore together with overnight along witha few other trollers. It makes ET a nicer place for me. You can even block them from reading what you write with an additional step in ET.

ES


for whatever strange odd orthodox reasons, TTT is
criticising, condemning, excoriating day trading.
 
I have him on ignore together with overnight along witha few other trollers. It makes ET a nicer place for me. You can even block them from reading what you write.

ES
Good idea SAVANT. ANSWERING this guy is his fuel. ALL should ostrasize, he'd go away. No more responses from me to TTT- Thoughtless Theatrical Thug-TTT SHOULD BE LLL as in loser, loser, loser.
 
Good idea SAVANT. ANSWERING this guy is his fuel. ALL should ostrasize, he'd go away. No more responses from me to TTT- Thoughtless Theatrical Thug-TTT SHOULD BE LLL as in loser, loser, loser.

agree.

TTT is probably very happy as he was getting all the attention he was looking for.
 
Intraday makes a LOT of sense if you're trading the HSI / HHI futures on the Hong Kong Exchange.

If you can't long-term win on those intraday, hang it up. That's as easy as it gets from a reward to risk perspective with 40-60% avg winners.
 
I sleep very well with long term trades on, especially the ones I bought in 2009, started selling options on them in 2011 and collect dividends, and when I get rid of them one day, taxes be less. And guess what, you can set stops each night in ES to hedge your stocks if something bizarre happens.

Were you trading on May 6, 2010? "Thankfully?", I was recovering from brain surgery in Boston area.


Brain transplant?
 
Is this your quote or is there a source?
This was a famous part of a speech given by Teddy Roosevelt. I only altered a few words for comedic purposes but tried to keep the main point intact. The original "Man in the Arena" quote is more general (and thus more usable for motivation... and more badass)
 
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