Is anyone consistently profitable with the ES?

[Pigsky]

You guys won't have any more luck asking proof from nodoji than you will going over to BMT and asking from mfbreakout. Who knows why either of them are continuing to do what they do for so many years. It's nuts.

IMO, if someone is very diligent and very disciplined maybe they could become a scratch trader by studying nodoji methods. Maybe....not 100% sure. I looked at ideas posted in the past and one was a losing idea, and two others seemed to have potential to be marginally profitable for what recent time window I looked at. Not sure if they hold up over longer time period of years, it didn't seem worth going back that far. Not matching up to the big money claims of 100k/yr per contract. LOL.... But I am a comp sci student now and haven't had time to daytrade in a while, so haven't pursued it further.

I dont know what anyone's life situation is. If you are retired and have nothing else to do, then maybe this would be a good mental exercise to fill in time. But for anyone in working years, spending 10k hours studying evasive internet gurus is a grave mistake. Go get a real job, or a real education, that is my advice.

 

[FortuneTeller]

Wrong again. I'm back as I said I was only away for a week.

You are making the same error you made on your last post. I guess your stupidity is permanent. This explains why people like you are drawn to nodoji like flys are drawn to shit (pun intended).

Probably best if you shut up and stop being the joker. You only embarrass yourself.

Dude, why don't you just go fuck yourself with a sharp knife until you die of blood loss. The world will not care. You are just a psychopathic troll getting your perverted nuts off by being in this thread.

 

[FortuneTeller]

I just realized that financialterrorist is John1000. He has been losing his shirt for years and is pissed about it. That is why he did just one post. And that is why he is bugging NoDoji about her reply to him. What a loser.

 

[FinancialTerrrrist]

I just realized that financialterrorist is John1000. He has been losing his shirt for years and is pissed about it. That is why he did just one post. And that is why he is bugging NoDoji about her reply to him. What a loser.

Ive told you before you are wrong on just about everything. All you manage to do is spurt childish slander. You have my sympathy. No idea who John1000 is.

 

[FinancialTerrrrist]

You guys won't have any more luck asking proof from nodoji than you will going over to BMT and asking from mfbreakout. Who knows why either of them are continuing to do what they do for so many years. It's nuts.

IMO, if someone is very diligent and very disciplined maybe they could become a scratch trader by studying nodoji methods. Maybe....not 100% sure. I looked at ideas posted in the past and one was a losing idea, and two others seemed to have potential to be marginally profitable for what recent time window I looked at. Not sure if they hold up over longer time period of years, it didn't seem worth going back that far. Not matching up to the big money claims of 100k/yr per contract. LOL.... But I am a comp sci student now and haven't had time to daytrade in a while, so haven't pursued it further.

I dont know what anyone's life situation is. If you are retired and have nothing else to do, then maybe this would be a good mental exercise to fill in time. But for anyone in working years, spending 10k hours studying evasive internet gurus is a grave mistake. Go get a real job, or a real education, that is my advice.

Indeed you are entitled to your opinion. How someone would become a scratch trader following someone who has no idea and who bases a method on false premise is beyond me however!

You see, successful speculation is based on discretion. You either have it or you dont. The approach taken my nodoji is just bollox however. Its not based on rhyme or reason as we are finding out.

And before people point out that there are many successful automated systems out there, then I counter that by saying who ever programmed the algo did so based on some bias or discretion on how the market behaves. They managed to code that idea/concept influenced by their discretion. And that is what much of this is about. You need to understand what drives the market in the first place before you can take a cent. Nodoji shows none of that understanding as some others have clearly realised.


Thanks for the contribution.

 

[k p]

You need to understand what drives the market in the first place before you can take a cent. Nodoji shows none of that understanding as some others have clearly realised.

hahahaha... .hhahaaha... hahahaah.....

She said, just a few days ago I think, that it is all about supply and demand, and this is how it works! Its as simple as that.

Jesus, I don't usually call people stupid, but to make such a statement that "others have realized that she shows no understanding of what drives the market" is just stupidity on your part.

 

[FinancialTerrrrist]

I am in business because I'm able to explain to myself how I will make money. The research and development phase leads to the profit realization phase. Whether or not anyone else understands my methods is irrelevant.

The 5-min chart provides me with signals to trade. The 1-min chart provides me with trade entry prices that allow for a specific R:R. That's the only relationship I need. I don't have to know why price does something more often than not following certain signals to make money. I don't have to know whether economic news is bullish or bearish. I don't have know if price is too high to buy or too low to sell.

The only thing that has any bearing on the future price direction of any instrument at any particular moment in time is an imbalance between immediate supply and immediate demand. This can change at any moment. I don't have to know when it will change. I researched a particular framework for profiting from price moves based on repetitive price behaviors.

The only thing I have to know is that my personal methodologies either produce a profitable trade more often than a losing trade with equal R:R or they produce a profitable trade about as often as a losing trade with positive reward to risk.

If you're making plenty of money without understanding these core trading concepts, why are you so curious about my personal trading methods?

Thanks for trying to answer, but sorry to inform you, this FAILS. You're welcome to try again if you can.

Interestingly though, you do mention imbalance of supply and demand. We're getting there. What we need from you is how the interaction of 5min and 1 min points out such imbalance. I dont see how they can. This is the 'core trading concept' that I do grasp, yet you fail to. Indeed, I doubt they are your trading methods - not in a live market anyway. You'd be toast. Death by a 1000 cuts at best. I imagine you're one of these 2% risk per trade types. LOL.

I'm feeling gracious today so I'll give you a hint on what is needed from you. Not saying these are all valid ideas, just examples:

Trader A bases his entries on anticipation of a weekly high/low being taken. The belief is that there will be stops at these points (imbalance) from longer term players that will propel the market another handle where he can cover.

Trader B bases his entries on seasonal drivers in the commodity markets. He believes he can spot imbalances between seasonal supply and demand at different points on the curve that will drive spreads further/narrower.

Trader C is an arb trader. He is market neutral and knows he can make money based on owning the physical and selling the future at a premium above carry.

Trader D stupidly thinks when ever the RSI falls below 30, the whole world will be looking at the same thing and create an imbalance of demand and push the market higher.


Not rocket science is it Nodoji? Yet you seem unable to tell people why a 5 and 1 min chart and their relation ship indicate any imbalance.



Please try again....

 

[FinancialTerrrrist]

hahahaha... .hhahaaha... hahahaah.....

She said, just a few days ago I think, that it is all about supply and demand, and this is how it works! Its as simple as that.

Jesus, I don't usually call people stupid, but to make such a statement that "others have realized that she shows no understanding of what drives the market" is just stupidity on your part.

Thanks Brains.

I think we need something a little more substantial than 1st lesson economics here.Two words (demand & supply) is all you need to make it then huh?

Who you calling stupid?

Good luck - you'll need it!

 

[k p]

Yet you seem unable to tell people why a 5 and 1 min cart and their relation ship indicate any imbalance.

LOL... I think you're almost egging her on so that she spills each and every single setup she has so that you can copy her. Let me fill this in, which doesn't need to be said, but I will. When price goes up, there is more demand than supply. When price goes down, there is more supply than demand. The relationship between the 5 minute and 1, as she has stated just recently to those of us she is helping is that the 1 minute trend lines we might be inclined to draw do not really reflect trend, only a micro blip that is created by the algos.

You know, most traders who are successful that I have come across are much more decent than you. Your hostility and lack of actually knowing anything about NoDoji before you attack makes me question your integrity, never even mind your own supposed knowledge of the markets.

 

[k p]

Good luck - you'll need it!

I don't need luck, I got NoDoji helping me!

You know... all you idiots calling other traders names are more than welcome to show your methods. NoDoji is very up front about what she does. How do you rake in your profits? Show me a chart with what you're doing!