Old angles gone

[themickey]

Hey, I know you're all masters of some universe, even if not this one, but do any of you ever just say 'too old for this shit' and move on?

The older you become the easier it gets
Tru dat!

 

[Zodiac4u]

Hey, I know you're all masters of some universe, even if not this one, but do any of you ever just say 'too old for this shit' and move on?

Till death do us part

 

[Zodiac4u]

The older you become the easier it gets
Tru dat!

When your hormones settle down and your banana is sleeping in its hammock that's when you become better than the rest.

 

[theapprentice]

I tried your method today, and lost 43,000. Any idea how to get it back?

add more!

 

[Hobbs The Cat]

I'm going to give you, for free, my most secret of secrets: I keep secrets.

Well said franT ...most comments on threads are those trolling for free wisdom...

 

[Hobbs The Cat]

I'm not trading fads but things that have worked for decades can and will stop working or at least change significantly. Sure, I haven't analyzed how it performed in 1949 but I do think markets now are different compared to then (I'm sure you'll disagree).
Higher frequency doesn't give me any answers, if you look at the price over decades, you'll notice the oscillations becoming more rapid as information is released faster and the reactions of the market are faster as well.
I takes someone delusional to say they're the "master of the markets", I think that's illusive and a signal that the trader has no idea what they're doing. You have to be malleable.

(excuse me, I've had a few.)

My advice, "the market is always right" and "be humble"....excellent attitudes that Traders should possess imo.

 

[stevegee58]

Hey, I know you're all masters of some universe, even if not this one, but do any of you ever just say 'too old for this shit' and move on?

OMG all this time I thought it was "bastards of the universe"

 

[SunTrader]

Doesn't happen all the time but when the stars align (like yesterday) you have to take advantage of it.

 

[toucan]

SOES.... I've been trading since 1997. Lately, it seems like price movement during the day (if you are daytrading) has slowed down quite a bit. At least for the way that I daytrade. It could be just the summer trading season where daytrading gets more difficult. It could be prices are topping out and price movement will be slow for all trading until some large pullback in the market happens. Or it could be a structure change. I've seen a half dozen structure changes over my 20 trading years and have had to adjust my trading process to account for these changes.

cheers toucan

 

[punisher]

My guess is that with more and more algos trading, markets are becoming too one sided and lack rotations we need. The effect is slow move in one direction only interrupted by occasional small flash crashes. This could be due to the fact that once the algo get's it's bias (from the operator) it looks for opportunities on one side only. When they switch to neutral or bear then we may see some wilder moves.