Market chop... buy the bottom of the range, sell top of range. Nothing other until range breaks.

Hello hilmy83,

Great job on your returns you post. Glad to see returns.

Regarding discretionary trading:
If your eyes say buy, then buy, if your eyes say sell, then sell. This is why it is called discretionary because the eyes is our discretionary edge.

There is no criteria needed, you do whatever your eyes tell you to do. You just do what ever you want to do based on what you see on the chart.

It is just that easy.
Hello hilmy83,

I also build and test algos as well like you. but I click too.
 
! ES today.png


Red/Blue tweaked Reversal bars

Yellow RSI(2)

Magenta Stoch
 
And quants and algos don't? You are aware how absurd it is what you have said, right?

Good Morning Scataphagos,

I AGREE 1000%. You know I support your comments and agree.

I am a FAR better trader than a quant or algo.

Us retail traders have an advantage over the quants and algos because we see the real time price.
 
And quants and algos don't? You are aware how absurd it is what you have said, right?
Hello M.W.,

I do not have the resources to compete with quants. This is what I mean.

I do not know what a quant is, and I do not care what a quant is. I do what is simple and less time consuming. Stare at Price TA and click the buy and sell button.

I do not have a preference, algo or manual trading. I personally do both.
 
There is a middle ground between petabytes of tick and alternative data and highly trained data engineers on one side and sitting like a monkey and watching green and yellow lines that are exclusively derived from historical data and have absolutely zero bearing on the future. The latter is pure gambling and any past edge has been arbed away years ago. And that's generally reflected in the negative pnl generated over the lifetime of multiple accounts. There is absolutely no way guys like @SunTrader make a single dime across any given quarter with the nonsense they are posting. Same goes with the bs @Scataphagos is posting. He should have never been allowed to open a brokerage account and he would be wealthy by now had he just opened up a mom and pop computer shop in his hometown.

Hello M.W.,

We do not have the resources to compete with quants. This is what I mean.
 
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