What's the Point of ET?

Quote from oilfxpro:
The purpose is to fight and argue , to kill boredom whilst trading.
I find it useful for seeing different view points of some intelligent posters here.
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That's right. You started 3 threads to justify your conviction that daytrading doesn't work, that trends in lower timeframes are random, that there are only two ways to trade (both of which are flawed). And the purpose it to argue and fight others who think trading is possible.
 
Quote from Fireplace:

As someone who thinks daytrading is impossible, you should have zero boredom as you SHOULD be spending all free time honing an edge :)
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I never said it was impossible, just difficult to trade random trends with t/a and trend trading method.

I use part random trading method, part contrarian and s/r.
 
Quote from frank01st:

That's right. You started 3 threads to justify your conviction that daytrading doesn't work, that trends in lower timeframes are random, that there are only two ways to trade (both of which are flawed). And the purpose it to argue and fight others who think trading is possible.
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I can't fight simulators and robots.
 
Random is a relative word. Are you using one static time frame? If so, you really need to scroll through a bunch all day long....of course first you need a VERY PRECISE definition of what starts a trend and what ends a trend. Once you have that, scroll through a bunch of frames and look for setups forming based on your definition of trend. The mkt is constantly downshifting and accelerating, so no one time frame will give you the answers. Gotta be very proactive.


Quote from oilfxpro:

I never said it was impossible, just difficult to trade random trends with t/a and trend trading method.

I use part random trading method, part contrarian and s/r.
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Quote from Fireplace:
Random is a relative word. Are you using one static time frame? If so, you really need to scroll through a bunch all day long....of course first you need a VERY PRECISE definition of what starts a trend and what ends a trend. Once you have that, scroll through a bunch of frames and look for setups forming based on your definition of trend. The mkt is constantly downshifting and accelerating, so no one time frame will give you the answers. Gotta be very proactive.
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You have to re-read the 3 threads he started. He has rather stubborn view of trends and randomness. Maybe you can coach him in basic chart reading. After 3 threads and tens of pages, he is still convinced that "trends" are random. He is quickly becoming the most famous member of ET who is known to have difficulty trading trends.
 
Quote from frank01st:

You have to re-read the 3 threads he started. He has rather stubborn view of trends and randomness. Maybe you can coach him in basic chart reading. After 3 threads and tens of pages, he is still convinced that "trends" are random. He is quickly becoming the most famous member of ET who is known to have difficulty trading trends.
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The big mentors failed with trend trading when it came to live accounts, most of your trades are still on demo.
 
Well spoken, Veyron.

There are a few great traders still posting here that I`m learning from, but the noise and the negativity is unbelievable.

Thanks to the advice of another trader, I`m now going through old posts from ET and it`s very easy to see that the quality has changed for the worse.
 
Quote from Fireplace:

Random is a relative word. Are you using one static time frame? If so, you really need to scroll through a bunch all day long....of course first you need a VERY PRECISE definition of what starts a trend and what ends a trend. Once you have that, scroll through a bunch of frames and look for setups forming based on your definition of trend. The mkt is constantly downshifting and accelerating, so no one time frame will give you the answers. Gotta be very proactive.
More...

+ trends are not Random in itself, there occurance might very well be.
Only edge is to be able to see them and ACT on.

Sorry OP. this is precisely what you feelin
 
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