Is price movement really random and unpredictable?

[ironchef]

Since I'm not making money, I don't feel qualified to give advice.

You are a good person and have my respect. Here is a small humble advice from someone who has been here for almost a decade:

1. You don't have to be profitable to give advice.

2. If you keep at it you will be there.

Stay humble, learn as much as you can, even from losers, dreamers or scammers. Someone may post something that appears as nonsense or too good to be true but may trigger your imagination and eventually give you that edge you are looking for.

1 tick, from VST triggered my imagination. It may or may not amount to anything but I have fun playing with it.

This is an anonymous forum and we are anonymous posters. No one knows how good or how bad we are as traders except ourselves and our broker's statements.

Take care.

 

[ironchef]

Yes, I am a millionaire. So what?

Good to know we do have wealth on ET and that it is possible.

 

[SimpleMeLike]

Good to know we do have wealth on ET and that it is possible.

Hello ironchef,

Everything I learned, I learned right here from ET forum, nowhere else. And it has made me very successful in my trading. All for the kind cost of $0.00.

 

[SimpleMeLike]

Since I'm not making money, I don't feel qualified to give advice.

Hello NoahA,

With all this advice on ET forum.
With all the tools and charts in your possession.
With all the trading books and trading courses.
With all the quotes
With all the searching for what trader is profitable and what trader is not profitable
With all the all

Please explain why you are not making money day trading?

 

[ironchef]

I remember being watching VST with great interest back in the day a long time ago trading at Starbucks. His idea of scalps over and over and seeing inside a bar always stuck with me. I just never could learn to program so years later I had to see how I could trade outside of those millisecond HFTs taking thousands of trades a day for a penny or sub penny.

My first idea forscalping in yesteryear was scalping within the spread back in the day. That was fun and profitable. Then they ruined it by going to decimals. So, I had to come up with a way to scalp profitably outside the range of those HFTs. At least outside of the zone where a lot of their action was taking place.

VST is old but he can code. His profit targets are too small for myself but he, I suppose, has coded it up. I cannot think that fast. I have to work in a range of 1 to 8 points.

I would not write off as rubbish what VST says. He may be old but he still has an active mind! And apparently, he still likes coding.

Thank you for the coaching.

1 tick is an interesting concept, I have been playing with it since VST's post. I can't code API or real time trades, so I am moving down market to try slower thinly traded stocks.

 

[ironchef]

The advice you just gave is like telling a fat person to stop thinking about diet and exercise but just to meditate on being thin.

Unless I am that fat person and I go on a pure keto diet, simply binge eat fat & protein.

 

[ondafringe]

Unless I am that fat person and I go on a pure keto diet, simply binge eat fat & protein.

Up to a point on the fat... gotta watch those LDL particle numbers. Well, depending on what side of that debate you are on.

 

[ironchef]

Hello rb7,

Please provide the link to post(s) on ET forum website where the advice is valuable.

Thank you ,

I will do it for @rb7. Here is an example:

Hello ironchef,

Stop looking for this thing called Edge. Please stop all this back testing stuff. It is a WASTE of your time.

Please just figure out how to make money EVERY day/week trading for the rest of your life in the ES futures market.

Life would be much more simpler this way for your mental.

 

[SunTrader]

Thank you for the coaching.

1 tick is an interesting concept, I have been playing with it since VST's post. I can't code API or real time trades, so I am moving down market to try slower thinly traded stocks.

What is 1 tick trading, as you understand it?

 

[SimpleMeLike]

I will do it for @rb7. Here is an example:

Hello ironchef,

@rb7 and @NoahA keep on looking for proof, and both like to say " who is profitable, who is making money, who is profitable trader, this guy not a profitable trader, this guy is a scammer, this guy is a liar, this guy add no value. I am not going to take advice from this guy because he not profitable and he can not prove it. All the old men are not profitable so I am not listening to noone."
But guess what, neither of them can show me 1 ET post of someone making money with concrete facts. blah blah blah blah And they never will.

So I have to ask the golden question.

1. Who gives a RATs ass if an ET Member is making money or not? Who cares?? What does it matter to you if I am making money or not trading? I am not going take money from my account and send to yours.

So all this crap about what ET Member is making money is useless and a waste of time.

And their is your edge buddy. As I have said, go click go click go click go click and make money everyday!! And take your best guess or whatever you want to do. It is just that simple. Everyday you make no money is a day loss and time wasted.