Price Action doesn't work anymore due to Algos

[schizo]

What you are doing is like watching the same movie over and over again yet expecting a different outcome every time, that simply doesn't work and never will.

On the contrary, it is we who are playing the same ol' movie over and over and over again expecting the nitwit to listen. I'm sorry but it ain't gonna happen. Better you put a gold ring on Miss Piggy's snout than to convince this dude to think otherwise. Let that sink in.

 

[Wide Tailz]

1. What does huge risk mean?
2. What does proper risk management?

Huge risk is being in danger of a sudden, humiliating defeat due to one single event. Weightlifters always stand there with their arms out and their chin up in a fight. You know the chin is the "emergency stop" button for the brain, right?

Proper risk management is keeping your handz up at all times to protect your face, and throwing strikes with part of your arm, shoulder, and knee blocking a counterstrike.

As far as how to apply this to trading, it's a parable. AI, so far, does not seem to be able to decode riddles. Consider it an intelligence test. If you pass, the overlords may have a place for you in the future, for a while.....

 

[SimpleMeLike]

It hasn't so far, so why would it in the future? Either you change your approach or you keep losing money, it isn't magically going to resolve itself. I know you had some good periods and could withdraw money from prop firms, but a few weeks of profitability aren't going to bring you to your goal if you lose everything a little later.

Clearly there is something wrong with what you are doing to make your approach profitable long term, it's up to you to figure out what that is and deal with it. Ignoring it isn't going to resolve anything.

What you are doing is like watching the same movie over and over again yet expecting a different outcome every time, that simply doesn't work and never will.

If something hasn't been working for the past 12 months then the exact same thing won't work for the next 12 months either.

Hello @p0box4 and @smallfil

I will respond to both of you in about 3 hours and explain a bit more details of myself for clarity. I have to leave out. I be back.

 

[SimpleMeLike]

It hasn't so far, so why would it in the future? Either you change your approach or you keep losing money, it isn't magically going to resolve itself. I know you had some good periods and could withdraw money from prop firms, but a few weeks of profitability aren't going to bring you to your goal if you lose everything a little later.

Clearly there is something wrong with what you are doing to make your approach profitable long term, it's up to you to figure out what that is and deal with it. Ignoring it isn't going to resolve anything.

What you are doing is like watching the same movie over and over again yet expecting a different outcome every time, that simply doesn't work and never will.

If something hasn't been working for the past 12 months then the exact same thing won't work for the next 12 months either.

Good Evening p0box4,

Two requests please:

1. Please give or sale to me a strategy, algo, trading method, setup, in the ES or NQ futures I can trade and scale to 100 contracts please?

2. Please provide me the contact information of someone who can give me or sale me a strategy, algo, trading method, setup, in the ES or NQ futures I can trade and scale to 100 contracts please?

Thank you,

 

[SimpleMeLike]

Huge risk is being in danger of a sudden, humiliating defeat due to one single event. Weightlifters always stand there with their arms out and their chin up in a fight. You know the chin is the "emergency stop" button for the brain, right?

Proper risk management is keeping your handz up at all times to protect your face, and throwing strikes with part of your arm, shoulder, and knee blocking a counterstrike.

As far as how to apply this to trading, it's a parable. AI, so far, does not seem to be able to decode riddles. Consider it an intelligence test. If you pass, the overlords may have a place for you in the future, for a while.....

Good Evening Wide Tailz,

Two requests please:

1. Please give or sale to me a strategy, algo, trading method, setup, in the ES or NQ futures I can trade and scale to 100 contracts please?

2. Please provide me the contact information of someone who can give me or sale me a strategy, algo, trading method, setup, in the ES or NQ futures I can trade and scale to 100 contracts please?

Thank you,

 

[SimpleMeLike]

I understand the getting rich part. Most aspiring traders start off, dreaming of the millions they will take out of the stockmarket. Now, for real life stats, 90% of traders will fail at trading, 90% of traders will lose all their monies and 90% will be broke in 90 days. Let that sink in. If you are not taking care of the risk in the stockmarket, you have slim to none chance of making it. Like the Las Vegas gambler dreaming of winning and taking over the whole casino. Not going to happen ever, not even on your best day. There are gamblers in Las Vegas who won tens of millions and lost it all. All their winnings plus all their monies on top of it. They ignored the risk of gambling. The same goes for stock trading.

While, I am at it. Let me ask. Have you blown up an account before where you lost all your monies? And after that, did you blow up other accounts?

Good Evening smallfil,

Two requests please:

1. Please give or sale to me a strategy, algo, trading method, setup, in the ES or NQ futures I can trade and scale to 100 contracts please?

2. Please provide me the contact information of someone who can give me or sale me a strategy, algo, trading method, setup, in the ES or NQ futures I can trade and scale to 100 contracts please?

Thank you,

 

[Darc]

Abandon Thread.

 

[ph1l]

1. Please give or sale to me a strategy, algo, trading method, setup, in the ES or NQ futures I can trade and scale to 100 contracts please?

2. Please provide me the contact information of someone who can give me or sale me a strategy, algo, trading method, setup, in the ES or NQ futures I can trade and scale to 100 contracts please?

Thank you,

Here is the answer.

Unfortunately, you won't be able to use it because it's in a book.

 

[Overnight]

I ONLY joined the ES futures market to get rich. Not for income or trading for a living.

You once again missed out on the rally of a lifetime. I think this is the third time now, numbnuts?

Let's call it 1200 points.

So if you went in at the Oct lows, you'd have a gain of 1200 points by now.

1200 points at $50 per point is $60,000. Times 100 contracts, you're clearing a cool $6,000,000.

You're just stupid (and troll baity), and are going to be banned from this forum for being that obtuse. It is just a matter of time.

Mark it, dude.

 

[SimpleMeLike]

You once again missed out on the rally of a lifetime. I think this is the third time now, numbnuts?

View attachment 340866
Let's call it 1200 points.

So if you went in at the Oct lows, you'd have a gain of 1200 points by now.

1200 points at $50 per point is $60,000. Times 100 contracts, you're clearing a cool $6,000,000.

You're just stupid (and troll baity), and are going to be banned from this forum for being that obtuse. It is just a matter of time.

Mark it, dude.

Hello Overnight,

Thank you buddy.