Veni Vidi Vici

1) Do you trade futures?
2) Do you have an edge?
3) If you have an edge how much do you make per year?
4) Maybe I'm working on getting an "edge" in the meantime. Ever think of that?
5) Did you finish University? If you did what degree did you get? What was your average?
6) Did you play sports? What level did you reach in these sports.

I would liike to know who I am talking to before, I blindly listen to someone who I don't know over the internet.

Thanks and have a good day.

ozzy



Quote from Trend Fader:

I am just being straight up honest with you. I am not gonna chearlead and tell you that there is some learning curve or bullshit that you need to master or overcome...

If you were my friend.. I would just tell you to back off daytrading futures.. and get a real edge, because you are clearly wasting your time.

Sometimes people need a reality check.
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Hey ozzy/ samson, you hang out in chat rooms?

come over to #eminifutures othernet.org network and we can both chat and test shit out.



Make our learning experience much faster with exchange of ideas.


AIM me madxwebc


Trend Fader,

btw theres lots of money daytrading futures discretionary
Whenever theres movement there is money to be made, and today there is movement. And all of them moved regularly.

Quite a few people bank 3-4k easily a day.
Quite a few 50 contract players bank even more then that, I'm not saying they are news worthy unique, theres a lot of them out there day in an day out.

I don't know how you can think people can't make money trading futures :D thats insanity!
 
Hi Samson,

I have no idea where he's coming from. I think Trend Fader thinks i'm looking at the stars while I'm making trading decisions.

ozzy


Quote from Samson77:

I think you guys have ozzy all wrong!

If I'm not mistaken by the looks of his charts he seems to be using a 1 min and 5 min with a few technical indicators for confirmation.

So I think he is trying to work an edge with his methods.

I trade several edges, Pullbacks, Retests and breakouts but they always look different everytime!

So I'm not sure what you guys are trying to get at?

ozzy are you doing something similar as me?
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Quote from Samson77:

LOL

Are you seriously trying to say that no one makes money from Daytrading the futures markets ?
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I never said that. I said you need an edge.. being fully discretionary and winging it day to day.. is not going to cut it.

Ozzy.. what happens with many discrectionary traders.. is that they just go day to day winging their trading and whenever they lose money they say they will learn from mistakes.. but next week the mistakes happen again. Is it really a mistake or do they have no edge to begin with.

Daytrading futures is not like throwing someone in the pool and asking them to learn to swim... and each day they get better and better. Every few min. different professionals hedge portfolios, hedge risk, etc... liquidity enters and exits.. trying to catch these moves intraday is extremely difficult and in most cases due to the low volatility choppy environment.. near impossible.



--MIKE
 
Who said I was winging it. I have over 1000 books in my library and use various entry methods and setups.

P.S I will be automating systems in the future as well.

Quote from Trend Fader:

I never said that. I said you need an edge.. being fully discretionary and winging it day to day.. is not going to cut it.
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I dunno, but when it comes to intraday time frame the "feel" of the tape is 75% of it, at least the way I see it. Feel free to disagree, I ain't listening :)
 
I agree. I watch the tape externsively.

Combine everything (tape reading, money management, risk management, setups, indicators, experience, proper psychology) and voila you have an "edge".

I'm still waiting for your response to my questions. Prove to me you know your shit and I will listen. Other wise "fuck off"


Quote from illiquid:

I dunno, but when it comes to intraday time frame the "feel" of the tape is 75% of it, at least the way I see it. Feel free to disagree, I ain't listening :)
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Quote from illiquid:

I dunno, but when it comes to intraday time frame the "feel" of the tape is 75% of it, at least the way I see it. Feel free to disagree, I ain't listening :)
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I agree its a lot of tape reading.. but the futures Emini tape.. is extremely misleading.. because by design its a hedging instrument.. and being dominated by institutions playing both sides of the markets.
 
Quote from ozzy:

I agree. I watch the tape externsively.

Combine everything (tape reading, money management, risk management, setups, indicators, experience, proper psychology) and voila you have an "edge".

I'm still waiting for your response to my questions. Prove to me you know your shit and I will listen. Other wise "fuck off"
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Then where is your edge after reading 1000 books and blowing wads of money over the years.. and being down 15% in 6 days on a simulator.

Maybe this is all telling you to lay off of futures and you no edge.

At this point.. you are not doing anything different than you have the past few years.. so what makes u think u will become a profitable trader?



--MIKE
 
I have mentioned before that I have only been trading futures for 6 months. It takes some people years to learn how to become profitable. If you expect me to jump into the futures business (where 95% fail) and make a million in 6 months than your expecations are above mine.

I'm guessing you tried to trade futures and failed and now believe that everyone will fail and its impossible to make money trading futures. Let me know if I'm wrong.


Quote from Trend Fader:

Then where is your edge after reading 1000 books and blowing wads of money over the years.. and being down 15% in 6 days on a simulator.

Maybe this is all telling you to lay off of futures and you no edge.


--MIKE
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