there is a party in CL everyday and u monkeys are trading ES then u wonder why u lose

C

chewbacca

market selection is the #1 most important rule of trading

never trade dead, trendless, limp markets

more volitility = more emotion = more inefficiency = more profits

ES is okay for swing trades and huge trend days but to daytrade it every single day is just a waste
 
traded oil,when u win its great ,lose it aint, couldnt make money consistently,its for action junkies, i plan to trade it on the way down which may never come
 
its FOMC day everyday in some market

for CL its every wednesday at least

for ZN its everyday there is an economic data release

stay away from limp markets that have no reason to move
 
Quote from increasenow:

one CL trade today...:08 seconds long...net profit $80.00
More...


Wow....$10 per second....now all that is left to do is start your own paid subscription service....claiming that at your success rate ($10 / sec).....in just 4 hours per day a person can make 144K PER DAY!!! this service will sell for the low low price (if you act now of course) for only $99 per month! pay for it in only 10 seconds!!! :D :D
 
the worst thing a trader can do is "stalk" a paticular market whether its ES or their favorite stock, etc.

u have to be flexible

during a tulip bubble, u want to trade tulips

during a tech bubble, trade tech stocks

during a housing bubble, trade housing stocks

during sideways grinding bull market, sell premo

during an oil bubble, trade oil

proper market selection + proper position sizing makes this game a whole lot easier

don't be a stalker
 
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