The real Secret on how to make money from the market

Quote from focusonmoney:

You sound like a frustrated trader.. Read my first post again and study it.. It will make sense to you later on in your career.. The obvious stuff never make sense to a rookie..


I reread your post, and YES , the words are truly inspirational. I am blessed by your presence.

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ps your observational powers need work
 
Quote from focusonmoney:

The real secret is TRADE WHAT'S WORKING NOW.. What I mean is trade a strategy that's working right now as we speak and work it until it stops working.. Then repeat this process all over again and again.. The markets never act the same all the time.. If you want to be a full time trader you will have to deal with it.. Stop complaining and saying things like "trading is a losing game". Anything is a losing game if you don't fully understand it.. So just man up and say "you know what, I really don't fully understand trading".. That would make you grow as a person.. And one day you will figure out its possible to make money from the market..

There are at least two people who know that the markets DO work the same way, day in and day out. Without fail. Volume always leads price, and if that is too hard for you, then a stable volume environment combined with fast and slow momo indicators will make you money consistently, every day.
 
Quote from RCG Trader:

There are at least two people who know that the markets DO work the same way, day in and day out. Without fail. Volume always leads price, and if that is too hard for you, then a stable volume environment combined with fast and slow momo indicators will make you money consistently, every day.


Super...I hope you opened a door for the OP.....
 
Quote from Redneck:

FOM (btw one more letter and you could be a government printing press – oh wait they are separate from the government)


I call bullshit on this post :p

I’m as simpleminded as they come (just ask Rabbitone) and I understand it

Heck I’d even maintain you could trade no other way – and be profitable….

RN (the simpleminded one):cool:
I wish I was simpleminded...it would have taken less than 10 yrs to get where I am.:D
Forgot the poster, but he said "For every IQ point over 100, add 1 month of learning time." TOO TRUE!:p
 
Quote from Random.Capital:

Markets can only really do two things: go nowhere/somewhere, and move fast/slow. That's only four combinations in all, it's trivial to cook up a winning strategy for each combination.

Backtest them all against most recent historicals across a timeframe consistent with your strategies typical/max hold times. In fact, you probably don't even need a formal backtest, eyeballing is often good enough. Run the strategy that works best, continue running the other three in simulation.

You'll know very quickly when market is moving from away from your regime, and you'll know which strategy to activate next.

>You'll know very quickly when market is moving from away from your regime

It seems you are suggesting there is tradable persistency in market "theme". Would we get "theme whipsaw" like trends? Is it more stable than trends?

>and you'll know which strategy to activate next.

Are you suggesting the market follows a definite cycle for the 4 combinations with B following A and C following B...etc.

Thanks!
 
Quote from RCG Trader:

There are at least two people who know that the markets DO work the same way, day in and day out. Without fail. Volume always leads price, and if that is too hard for you, then a stable volume environment combined with fast and slow momo indicators will make you money consistently, every day.
What are momo indicators?
Are they momentum indicators like RSI or Stochastics?
 
Quote from RCG Trader:

There are at least two people who know that the markets DO work the same way, day in and day out. Without fail. Volume always leads price, and if that is too hard for you, then a stable volume environment combined with fast and slow momo indicators will make you money consistently, every day.

Post a chart showing this in practice.
cheers
 
Quote from Airwaves:

Post a chart showing this in practice.
cheers

I'll post an example for RCG. Here's the Australian Dollar futures swing chart from the beginning of April. I posted this as an example of a continuous chart for the last 3 months so someone couldn't say it was cherry picked. Over 1000 pips in 3 months isn't too bad. :D

Oh, those buy, sell, exit, profit and loss labels are computer generated and execute in real time. I even get email alerts when they trigger while I'm away from the computer.

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Quote from RCG Trader:

There are at least two people who know that the markets DO work the same way, day in and day out. Without fail. Volume always leads price, and if that is too hard for you, then a stable volume environment combined with fast and slow momo indicators will make you money consistently, every day.

Volume always leads price? I disagree.. First, saying words like "always" doesn't make sense.. Nothing is always... Second, this crazy rally we been having had nothing to do with volume.. The volume actually died out.. You making it sound like volume is the key to making money in the markets.. If that was the case we ALL BE RICH..
 
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