Prove to me that Technical Analysis Works.

SimpleMeLike said:
Hello easymon1,

Yes, I take a guess on my trades and hope for the best.

4 years strongly.

I guess trade and the do the best I can everyday and practice when I have free time.

I do not have a method, just do the best whatever I feel like doing.
More...

After 4yrs, do you feel this strategy is working out for you?
 
Sprout said:
After 4yrs, do you feel this strategy is working out for you?
More...
Good Morning Sprout,

Great questions.

I answer below:

1. I just started this strategy or way of thinking about 2-4 months ago. For me, it gives me a way to view the market and trading professionally in my own eyes and accountability. I no longer seek trading methods or read books or watch trading videos. I just watch what strictly matters in real time, the charts.
2. It is working out well because it fits my personality, lifestyle, time commitment, stress level, simplicity levels and my overall view of the market from within the time frame and time commitment I can view the market. It gives me satisfactions as well. It also controls my risk per trade and solid structure way to scale up over time based on my performance.
3. As far as consistent profitability. We will see in 6 months how well it works making money.
4. Getting consistent is the up most priority for me without trying to change something and start again.

Please let me know if you have more questions for me.
 
Last edited:
SimpleMeLike said:
Good Morning Sprout,

Great questions.

I answer below:

1. I just started this strategy or way of thinking about 2-4 months ago. For me, it gives me a way to view the market and trading professionally in my own eyes and accountability. I no longer seek trading methods or read books or watch trading videos. I just watch what strictly matters in real time, the charts.
2. It is working out well because it fits my personality, lifestyle, time commitment, stress level, simplicity levels and my overall view of the market from within the time frame and time commitment I can view the market. It gives me satisfactions as well. It also controls my risk per trade and solid structure way to scale up over time based on my performance.
3. As far as consistent profitability. We will see in 6 months how well it works making money.
4. Getting consistent is the up most priority for me without trying to change something and start again.

Please let me know if you have more questions for me.
More...

Two Questions:
1. How have you done in the 2 to 4 months you have been working this new strategy?
2. What exactly have you learned from MacBook that will enhance this new strategy?
 
Illini Trader said:
Two Questions:
1. How have you done in the 2 to 4 months you have been working this new strategy? Practice, Practice, Practice, Observe, Observe, Observe, Practice, Practice, Practice. Keep Going and Keep Going and Keep Going. Get Structure, Get Structure, Get Structure.
2. What exactly have you learned from MacBook that will enhance this new strategy?I have learned or been reminded from @MacBookProHo to never forget the goal of a trader's trading business, scale up. I have often forget that in my past. Thanks @MacBookProHo
More...
Hello Illini Trader,

Great questions, I will answer in red

Let me know if you have any other question please.
 
Last edited:
easymon1 said:
Why?
More...
Hello easymon1,

Great simple questions. I love simplicity.

Because I have no other tools in possession besides the bars going up and down in real time. They never lie to me. Trading education/books and trader teachers are the biggest liars in the world, the price have not FOOLED or SCAM me yet or send me down 20,000 rabbit holes trying this and that.

It is pretty simple once you think about and get rid of all the bullshit and just stare.

Let me know if you have any other question please.
 
Illini Trader said:
You have been practicing and observing with this new strategy the last 2-4 months so when do you plan to start trading it with real money?
More...
Hello Illini Trader,

Great question, keep the coming.

I plan to go live with real money once I triple my starting SIM account balance.

Thanks,
 
Sprout said:
What are you observing? I am simply observing price movements on the chart. That is it.

What are you practicing?
1. Buying and selling
2. Recovering from drawdown.
3. Staying focus

What do you mean by "get structure?"
A robust plan for risk and profit taking, and when to scale up and when to scale down.
More...
Hello Sprout,

Awesome questions, keep the coming please. I respond in red
 
You must log in or register to reply here.
Back
Top