Sometimes you make money trading Nothing !
- Thread starter gunner_trader
- Start date
To a hooker as well. Many positions, depending on how much cash.
Im a long only trader although I have dabbled with short etf’s.
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True;
i dont see many whipsaw markets /\UDOW maybe. But for me i found better shorts[inverse ] + longs..........................................................................SPY+ SPXL going down mostly 'till lunch uptrending/parabolic up from there..........................................................
this guy gets it.Some markets are easier to trade that others, but you can always make money when you"trade well". However, that doesn't mean you must have a position on at all times. You only have a reasonable chance of making money when you are comfortable so that you can trade well. When the market takes you out of your comfort zone, it's better to stand aside than try to trade nervously and have it end up badly.
IMV, the best approach...
1. Accept that you "can't get it all". Nobody can. So go for the stuff that seems easy to you.
2. Strive to learn and capture the most obvious ones.. the "low-hanging fruit", so to speak.
3. Once you're good at #2, then you can look for the less obvious. However, if you learn only the "low hanging-fruit" plays and and trade them well, "$Millions" are in your future. I'd say, "get good at trading the simple and obvious ones"... you don't need to do more. Then if you want, look for the less obvious... of which there are plenty*.
Price TA.. and KISS, baby!
*Somebody asked me about how many "Price TA correlations" are there? Well, I certainly don't know all of them, but I quickly rattled-off about 30 which quickly came to mind. Some occur often, some much less so. You don't need to "know all 30". Just learn the easiest and most obvious.. then trade them well.
Now he should practice to be able to put a decent title.
"Sometimes you make money trading Nothing !"
How can you make money if you don't trade????
On which market "Nothing" is quoted???
What his title says is: Sometimes you make money trading "Nothing" (where as Nothing is a commodity that is quoted on some market).
If you read it like that he basically is saying: "sometimes you lose money trading stock X."
But that we all knew already. Sometimes you win, sometimes you lose.
I will give it a try:
"Sometimes you avoid losing money by not trading."
But: "Sometimes you avoid winning money by not trading." is valid too.
I think that if it is not there, you cannot take it. ???????
I agree with that.