So, what am I missing ?

[padutrader]

What you are missing is the size of the trader.

What you are missing is the size of those who might need a week or two to get out of a position.

yes traders are getting too myopic nowadays and missing the big picture.

just because you have the technology to dissect everything and try to see what makes it tick .... they do it, without realising there is no need to

analysing the trees but not seeing the forest

i have seen a stock not go below a certain rate or price for 3 months.
that is how long some institutions take to accumulate.
and then they continue to accumulate at higher rates.they may even do it for 1-3 years.suck all the liquidity out of the stock.
or even out of the whole market....that would explain the movement of the Dow to new highs

but people nowadays cannot wait beyond an hour or a day

thanks for your post

i had forgotten about that phenomenon if you understand it,that is where the real wealth is...not in strategies patterns or risk reward.

 

[padutrader]

you do not[edited] need to analyse anything.you only need to observe.

not a day or month but maybe for a decade

 

[themickey]

 

[padutrader]

Renko makes trends more visual, NQ trends pay for the chop
View attachment 215682

yes but markets do not trend most of the time.
you can find some market that is trending some where.
but you can only really benefit hugely if you understand when that trend ends.
this, if you observe the market for a long enough, you may find out and make big money:but if you focus on risk reward,strategies or patterns, you will be a good trader but not great,you will make a living but never be filthy rich.
i just wanted to be able to understand the market and was prepared to do everything i could to achieve that,and keep trying till i did.
decide what you want and work towards that.
do not feel sorry for yourself and come here and tell us that it is not possible to do it:in that case just find something else to do.

 

[notagain]

yes but markets do not trend most of the time.
you can find some market that is trending some where.
but you can only really benefit hugely if you understand when that trend ends.
this, if you observe the market for a long enough, you may find out and make big money:but if you focus on risk reward,strategies or patterns, you will be a good trader but not great,you will make a living but never be filthy rich.
i just wanted to be able to understand the market and was prepared to do everything i could to achieve that,and keep trying till i did.
decide what you want and work towards that.
do not feel sorry for yourself and come here and tell us that it is not possible to do it:in that case just find something else to do.

Someone backtest NQ 40 tick range bars, 4ema, 9ema auto cross, always in the market
Last 10 days looked good
I got a lot to learn, think script and automation etc

 

[padutrader]

Someone backtest NQ 40 tick range bars, 4ema, 9ema auto cross, always in the market
Last 10 days looked good
I got a lot learn, think script and automation etc
View attachment 215719

ten days.....
you have to live a lot longer than that
but if it is good if you think it is good go for it

 

[murray t turtle]

It’s been really obvious (in hindsight) to buy and hold US equities for the past ten years - and yet, a multitude of highly educated “experts” managing (literally) trillions of dollars have not been able to duplicate or exceed these simplistic ‘buy and hold’ returns. In other words, at least half of the professional hedge fund managers out there couldn’t beat out an assembly line worker who invested 10% of his pay every two weeks into his 401K plan over the past ten years. Just buying an index. Hell, the past twenty years for that matter.

If you are analyzing data for ANY purpose it’s historical data - does not matter if you’re a climate scientist, a behavioral scientist, an epidemiologist, or a HF trading system developer.

If you ever find yourself in the enviable position of analyzing future data then you are in a remarkable position.

%%
That maybe why so many in media like/promote DOW/30 stocks, rather than SPY/S&P 500; easier to beat. , LOL-LOL

 

[dozu888]

Someone backtest NQ 40 tick range bars, 4ema, 9ema auto cross, always in the market
Last 10 days looked good
I got a lot to learn, think script and automation etc
View attachment 215719

ten days.....
you have to live a lot longer than that
but if it is good if you think it is good go for it

if make money is that easy, how many thousands of robots would be doing this already?

 

[Zodiac4u]

if make money is that easy, how many thousands of robots would be doing this already?

It is and Robots do or at least some do.

 

[notagain]

if make money is that easy, how many thousands of robots would be doing this already?

Problem (chasing trends) with always being in the market, more likely to suffer the never ending losing streak. Money management and account size problem.