Is trading easy?

Is trading easy?

  • Yes

  • No

  • Fuck off cunt.

Results are only viewable after voting.
nooby_mcnoob said:
Here is the problem I have with your premise: the markets are fat and gay, and only reflect how people are positioning. I cannot predict that they are going to want to buy up to 3900. Technically, I'd want a retest of 3820 first and if that holds, then I can see 3900.
More...

@Overnight

If 3820 hits, then you must refer to me as the ES whisperer. If it doesn't hit, then go f yourself.
 
NoahA said:
And have you done an analysis on if this helps with entry criteria? (ie. does it help to get you into trades that work or stay out of trades that dont?)

As an example, I remember when I discovered cumulative delta. On a first pass, I thought it was a magic indicator. If you can see all the aggressive buyers hitting the ASK, surely this means price is going up! But alas, it only works about 50% of the time. You can easily have price rising as sellers aggressively hit the bid. Sure you can also look for divergences and all that jazz, but in the end, it was at best a 50/50 proposition. Sometimes it helps you get into a trade, other times you miss a trade because the delta is showing right and ends up just being a distraction.
More...
Remember I said my w/l rate is about 50%. :)

Anyway what works, or doesn't, and how often is dependent on each individual situation. No way to test that. That is what the random walk folks always get wrong.
 
Handle123 said:
More money is made in long term commodities than day trading.
More...

I would have to disagree with that statement,

This is not a challenge, but if we both opened hypothetical fantasy accounts with $100,000 in them and see which one of us can grow those accounts to as large as possible....you with long term commodities....versus me with day trading, options, ....I am fairly confident I would surprise you, overall, in the end -- by a clear, obvious, even stratospherical margin,

The secret to producing vast wealth, returns, in the market is simple. You need many revolutions, trades, combined with leverage/options. And just let that nuclear bomb of destruction spread across the land.
 
Last edited:
One of the things I said last night during weak Globex volume period with price dropping was:-

"If price is moving much, but volume isn't question the sustainability of the move."

And not too long after I shut PC down and went to bed, downtrend reversed to uptrend till RTH open. Volume is still lighter than Weds but not as dramatic.
 
You must log in or register to reply here.
Back
Top