Is Trading This Easy or Am I Missing Something?

[Turveyd]

Unless you're scalping, it isn't going to make any difference. Two traders don't move markets.

There could be 100 banks on either side, stop fixation on generalisations, no 1 has the time to spell everything out in detail for you.

 

[lcranston]

There could be 100 banks on either side, stop fixation on generalisations, no 1 has the time to spell everything out in detail for you.

Doesn't matter how many there are on either side. The point is that both sides have their representatives. What matters is not who's doing what but what price is doing and where and how.

 

[Turveyd]

Doesn't matter how many there are on either side. The point is that both sides have their representatives. What matters is not who's doing what but what price is doing and where and how.

But the point is, they may be fighting for control then run out of margin or change there side

Even then they won't match each other's orders you'll get spikes up and down, mini range.

 

[lcranston]

But the point is, they may be fighting for control then run out of margin or change there side

Even then they won't match each other's orders you'll get spikes up and down, mini range.

Which matters if you're scalping. Otherwise, not.

 

[schweiz]

Seriously: How longer you can hold something, the bigger your reward can be.

This is a worthless statement as you are always right:

1. hold and reward is big: you see I told you!
2. hold and reward is small or even non existing: yes but I said "CAN" so it can also be "cannot". So I am right again.

I know people who wiped out their account while trying to hold as long as possible.
Maximizing profits has nothing to do with holding long. I have big winners in short time as well as in longtime trades. Timing is important, not the lenght of time. Get out when you should, no matter how long you are in the trade.

 

[ironchef]

Patience, Risk Control, and Timing are the 3 keys to Trading in my opinion. I highly doubt it's Pro against Retail. Because Retail are not that huge compared to Pro. More likely it's Pro against other Pro that generate price action.

Perhaps but we small retails provide them with their profits, either by handing over our money for them to manage or trading on our own. Either way they win.

 

[IronFist]

You need to trade the chop with the short term direction only, that way get chop you make a little, get trend and realise that make a lot, get direction change then lose a little, but 2/3rds of possibilitys make you $$$$$

However knowing ahead of when you start trading if it's going to be chop or not is required.

 

[Turveyd]

However knowing ahead of when you start trading if it's going to be chop or not is required.

Not if you trade both mixed!

So i always trade chop, which if it goes trend my way i hold longer.

If it goes trend against i bail and switch sides on a retrace.

Ofcourse risk of many losses, but 80% profit recently so all good

* Very tired making no sense, long day up in 7hours damn it

 

[danielc1]

This is a worthless statement as you are always right:

1. hold and reward is big: you see I told you!
2. hold and reward is small or even non existing: yes but I said "CAN" so it can also be "cannot". So I am right again.

I know people who wiped out their account while trying to hold as long as possible.
Maximizing profits has nothing to do with holding long. I have big winners in short time as well as in longtime trades. Timing is important, not the lenght of time. Get out when you should, no matter how long you are in the trade.

But... But... I’m always right. You are forgetting rule number 3: letting your profit run. Not holding on to not performing or losing trade.

 

[Turveyd]

But... But... I’m always right. You are forgetting rule number 3: letting your profit run. Not holding on to not performing or losing trade.

It's tricky, never try to swing for the fence, every time I do that, it comes right back, then I get emotional as it's profits lost and a loss loss, then I end up holding it till margin call.

Haven't done that in about 3years thankfully