Secrets to success in trading

[viruscore1]

Take what you read on ET with a grain of salt...

 

[SunTrader]

I don’t know that moving average crossovers “work” or not, but I do know when they happen to be crossed, I use a whole different set of rules.. not because they have crossed, but because they had to.

Because price - which is all that really matters - said they had to.

 

[fordewind]

Theres only one secret to success in trading - volatility.

 

[CSEtrader]

Theres only one secret to success in trading - volatility.

Sure but if you are already master. Otherwise the same will be ruin.

 

[fordewind]

Sure but if you are already master. Otherwise the same will be ruin.

Yes.But with the nonsense like this, wether you are a master or not matters not.

 

[CSEtrader]

Yes.But with the nonsense like this, wether you are a master or not matters not.

Which nonsense?

 

[fordewind]

New
Which nonsense?

I meant the volatility that we have at our disposal.

 

[CSEtrader]

How many years do you trade? My story in short - the volatility of 2009 was amazing and we were extremely lucky to make a real profit. Lucky because we were a novice and without any learning. Then the Greek crisis brought another good deal of waves. But I feel good even now. Maybe it is calm before the big hurricane... who knows

 

[padutrader]

Yet again you give a good description of why new folks are crazy to get involved in day trading when you do not need to do anywhere near that amount of work for longer timescales.

Takes many years to learn how to do very little.... decide which games you can win.

yes it took me ten years

it took me ten years because Al Brooks-self declared king of the 5 min said not to go anywhere near 1 MIN.
That is like saying do not go into deep ocean.Of course do not go there. unless you are a fish.

I was made for the 1 minute.

I am finally home where I belong

 

[fordewind]

How many years do you trade? My story in short - the volatility of 2009 was amazing and we were extremely lucky to make a real profit. Lucky because we were a novice and without any learning. Then the Greek crisis brought another good deal of waves. But I feel good even now. Maybe it is calm before the big hurricane... who knows

Since 2009 day trading`s become harder due to QEs and the market is now..... DUUUUUULLLLLLL.....most of the time!