Think and grow rich

SimpleMeLike said:
Hello Overnight,

What @millionare is stating is that a trader needs to be in position when the market makes the moves at minimum of 30% of the time to gain those big profits over the next X,XXX amount of trades.
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I don't care what Millionaire posted. What I care about is the strat analyses from NT8 that YOU just posted, and it is shit. You are not approaching this from the proper angle. You are trying too hard.

I cannot believe I am suggesting this, but you should hook up with @Rickshaw Man He has an autostrat that is doing very well, with like 1/1000th the number of trades you are doing.
 
Overnight said:
FALSE!

The markets trend north, and have been doing so since their inception. That is by design. The trends sometimes goes askew, as is evidenced from Jan 3rd this year, but they do trend up. So...What do markets do MOST OF THE TIME when the Fed pauses rate hikes? It goes UP!

Watch for the pause!
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Hello Overnight,

For the record, I am not against you manual trading or forward testing. I only say consider programming your idea for a simple back test to see where some Edge my lie that fits your likeability. I trade manually 1 hour a day as well, to keep my skills fresh and have fun.
 
Overnight said:
I don't care what Millionaire posted. What I care about is the strat analyses from NT8 that YOU just posted, and it is shit. You are not approaching this from the proper angle. You are trying too hard.

I cannot believe I am suggesting this, but you should hook up with @Rickshaw Man He has an autostrat that is doing very well, with like 1/1000th the number of trades you are doing.
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Hello Overnight,

That is one out of 30 algos I built and test. That algo is just for show. It will NOT work in real time probably. My other two Definitely, for sure work in real time and is not scalpers.
 
Millionaire said:
The markets (especially intraday) are close to random most of the time.
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I would have to disagree with your statement,

A good/Great, day, trader generally knows what to loosely expect and position and wait for it,
Similar to an assassin, Lee Harvey Oswald vs the market JFK.

For 99.4% of people...yes, the daily/intraday market is seemingly, completely, random,
There's always an outlier, anomaly, factor element though in a given sample size,
 
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Overnight said:
What do markets do MOST OF THE TIME when the Fed pauses rate hikes? It goes UP!
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The US stock market was range bound between 1997 and 2013. 15 years. S&P was stuck between something like 750 and 1500.

We could spend the whole of 2020s, stuck between 2500 and 5000.
 
Millionaire said:
The US stock market was range bound between 1997 and 2013. 15 years. S&P was stuck between something like 750 and 1500.
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This is not 1997-2013.

1997 barely had the internet, no electronic trading, no smartphones, no RH, none of that social media shit. It is a different world we are in now, so it will be a different kind of market.

And by the way, where the hell are the flying cars?!?

 
Overnight said:
This is not 1997-2013.
1997 barely had the internet, no electronic trading, no smartphones, no RH, none of that social media shit. It is a different world we are in now, so it will be a different kind of market.
And by the way, where the hell are the flying cars?!?
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We also didnt have inflation at almost 10%
 
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