everything that just happened is informative
Too good to be true??
- Thread starter Ucicelos
- Start date
no kidding. I hear of some who make money on what has happened. And others who make money on what is going to happen. That leaves a lot in the middle for those of us that can only make money from what is happening.
and sometimes what is happening can take a long, long time.
and sometimes on New Years weekend when the market is closed, old losers like to talk like they know something
and sometimes support holds
and sometimes you just got to scalp
and sometimes you need to hold on and position trade
and sometimes you just need to get flat
and sometimes you don't know and just have to get in long or short
otherwise, it's a pretty easy living.
beats the heck out of working (if you can afford it)
an Elite Trader isn't somebody that makes money. An Elite Trader is somebody that has money to trade. And if you are just starting out you should probably try to buy support and sell resistance. At least that's how most Elite traders that have money start out
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The numbers mean nothing without knowing what they're based on. How many trades are you talking about here? An exact number please,, not some round-off. I would also like to see something more precise than "70%+". Looking forward to your update.
and that's what makes a market, You like the middle someone else likes the edges, as long as we all agree on who the mark is
the rest of it I just added in because it gets boring if we all agree
except of course, who the mark is
can't make any money unless somebody has some to take it from
And Lord knows traders don't have any money
If they did they wouldn't be trading.
Elite Trader is where people who have worked all their lives go to lose their money. Our job as Elite Traders is to take it from them and send them back to working so they can make more money for us to take.
What? Did I say something wrong?
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I can reasonably assume you posted what you believe
In no particular order:
With respect to trading..., I do not concern myself with right / wrong - only conducive / non-conducive
I am no where near qualified to tell another human their beliefs are wrong - would be way overly egotistical on my part - not to mention..., no way I can know another's internal to that extent
Again - I can only address conducive / non-conducive
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Some of your previous comments are non-conducive to consistent / successful trading.., nor do they reflect the reality
I'm referring specifically to day trading
RN
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The numbers above are based on 1932 trades, out of 2394 signals over the last two years. The 462 trade would not have happened because the market moved away from the Entry price before open and didn't revisited that during the day. Attached tables shows breakdown by long and short. Please let me know if this provides you with enough detail.
if it is consistent then it is no longer trading
You're thinking in absolute..., consistent does not mean / is not 100%..
Trade to trade - outcome is uncertain
Over a series - most times profitable EOS (assumes trader capable of managing their self)
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Full disclosure:
I did see your previous post this one replaced - I take it trading is quite a taxing undertaking
Not meant as a flippant observation either (been there / done that = no damn T shirt to show for all the stress/ bullshit - and..., it unsustainable)
RN