Price Action Trading or Fundamental Analysis? Which is easier

[SimpleMeLike]

TA skeptics don't believe/understand... Price TA works the same on all issues and in all time frames.

You can trade intraday off the 5-minute chart or swing trade off of daily charts. It's all the same. The charts show "what players are actually doing with their money... buying/selling... when/where. Our objective is to "tune into that" as best we can.

KISS, baby!

Good Morning Scataphagos,

I agree sir 1000% You are 100% correct. With Price TA, we can trade any bar type, any timeframe, 23 hours a day, by simply starring at the price on the charts and look for clues when to make a play to make money as best we can.

The challenge traders have is they want to know exactly what to do all the time, and they want to know the future results now. They want exact setups that are repeatable. I do not believe this will come and it is too much work looking for exact setups. Best to do the best you can with what you have in front of your and try best to make make a profit.

The trader wants a setup, setups do not exist. If an exact setups exists, the brain can not find it, only a machine can.

The trader wants edge. no such thing as an edge. Edge is for marketing purposes only and to keep the trader buying trading books and trading vendor products for easy like.

The trader needs to keep it simple, stare at price and be thankful he/she has a chart to represent real time buying and selling pressure for cheap margin of $500 per ES contract.

What more can you ask for?

KISS, baby!!!

 

[Scataphagos]

Good Morning Scataphagos,

I agree sir 1000% You are 100% correct. With Price TA, we can trade any bar type, any timeframe, 23 hours a day, by simply starring at the price on the charts and look for clues when to make a play to make money as best we can.

The challenge traders have is they want to know exactly what to do all the time, and they want to know the future results now. They want exact setups that are repeatable. I do not believe this will come and it is too much work looking for exact setups. Best to do the best you can with what you have in front of your and try best to make make a profit.

The trader wants a setup, setups do not exist. If an exact setups exists, the brain can not find it, only a machine can.

The trader wants edge. no such thing as an edge. Edge is for marketing purposes only and to keep the trader buying trading books and trading vendor products for easy like.

The trader needs to keep it simple, stare at price and be thankful he/she has a chart to represent real time buying and selling pressure for cheap margin of $500 per ES contract.

What more can you ask for?

KISS, baby!!!

Trading is a bit like counting cards in black jack. If you're a card counter, you KNOW when the deck favors a bet. THAT'S when you make your play. Well, trading is like that. With Price TA, you KNOW what players are doing with their money at certain important price points. That's when YOU get your money out.. "in tune" with what is most likely to follow!

If a trader cannot grasp this concept, there is virtually no hope.

 

[SimpleMeLike]

Trading is a bit like counting cards in black jack. If you're a card counter, you KNOW when the deck favors a bet. THAT'S when you make your play. Well, trading is like that. With Price TA, you KNOW what players are doing with their money at certain important price points. That's when YOU get your money out.. "in tune" with what is most likely to follow!

If a trader cannot grasp this concept, there is virtually no hope.

Hello Scataphagos,

Agree. Agree. Agree. Agree.