Why is hard to make money? Find trend, stops above previous/high low, TP @ next highs/lows

[Sprout]

Look, it's very simple, people that can't prove their ability will always provide reasons why they won't, the one reason that's given 99% of the time is 'it's a proprietary secret'.

This is true. People who can't are in a different domain than those that won't. Confusing the two is inaccurate. I certainly see the value of discernment and advocate for it myself. An inquiring mind makes more progress than one fossilized by skepticism turned into pessimism.

It's a big world out there,... as also within. Revisiting one's basic assumptions can turn many a dead-end into the perfect opportunity to get to the next level. Whatever that level might be.

MACD longer term & very slow setting, short term just price chart.

Yes, interesting settings,...very long-term trading timeframe.

 

[JSSPMK]

Yes, interesting settings,...very long-term trading timeframe.

Weekly+

 

[Mtrader]

I see posts all the time from people who say they used to post statements, trades, etc. Can you link the post where you did this? I imagine the picture of your statement must have been removed, but do you actually have proof that you did at one point share this and it turned out badly for you?

From all proof I would remove all sensitive information.
At that point you will tell that you can make up a paper or email like that too.

So your question is stupid. It is the sensitive information that makes documents valid.

It did not turn out bad, my broker knows I want complete anonimity. It could cost him a lot of money too.

 

[Mtrader]

Look, it's very simple, people that can't prove their ability will always provide reasons why they won't, the one reason that's given 99% of the time is 'it's a proprietary secret'.

The fact that you don't believe me is the ultimate proof that it is something very valuable.
I do something that according to you is impossible.
Protecting it is logical and the most valid reason you can get.

Ask Jim Simmons to show you the Renaisssance trades. What will he do?

 

[JSSPMK]

The fact that you don't believe me is the ultimate proof that it is something very valuable.
I do something that according to you is impossible.
Protecting it is logical and the most valid reason you can get.

Ask Jim Simmons to show you the Renaisssance trades. What will he do?

Do I want access to Aladin's lamp? Sure! At the same time I realise it simply does not exist. Do I want Kool Aid? Just a whiskey, thank you.

 

[Sprout]

Weekly+

For a bar-by-bar trader, that's a lifetime.

My personality on that timeframe didn't really mesh. I respect people who can trade like that. My family who got me into trading operate on yearly and lifetime cycles.

I approach the markets like a hummingbird or cricket - fast feedback cycles give more opportunities to observe, learn, understand and profit thereby.

Observe 405 bars changing or 1. The change of sentiment on the 1 weekly bar can be traced to a single 2 bar combo on the 5m.

The caveat is that not all the 405 bars count.

 

[Gotcha]

From all proof I would remove all sensitive information.
At that point you will tell that you can make up a paper or email like that too.

So your question is stupid. It is the sensitive information that makes documents valid.

It did not turn out bad, my broker knows I want complete anonimity. It could cost him a lot of money too.

I do agree that anything can be faked, but I just figured that if you said you did this once and it backfired, you would be able to show a link to the post where you said you did this.

Its far too easy to say you already did all this stuff and use this as an excuse when in fact you never did do this. Of course all personal information should be hidden, but I find when posters are actually honest about their trading, a certain pattern emerges. That pattern is that they have good days and bad days, and this is reflected in the statements or trades they share.

 

[JSSPMK]

For a bar-by-bar trader, that's a lifetime.

My personality on that timeframe didn't really mesh. I respect people who can trade like that. My family who got me into trading operate on yearly and lifetime cycles.

I approach the markets like a hummingbird or cricket - fast feedback cycles give more opportunities to observe, learn, understand and profit thereby.

Observe 405 bars changing or 1. The change of sentiment on the 1 weekly bar can be traced to a single 2 bar combo on the 5m.

The caveat is that not all the 405 bars count.

To each his own. Whatever rocks your boat. People ought to have real expectations. Day to day price action will be mostly different, even if you found an edge it will not be sustainable. Streaks, winning and losing ones, will always be around, don't confuse those with having a permanent advantage. Objective is to establish how to win 'in the end' of whatever time scale is relevant to you, some want to win daily (good luck with that one), others want to be net positive at the end of financial year, even if it takes 1 win vs 50 losses. As I said, to each his own, whatever you choose don't fool yourself, fooling others may have some sort of fetish of course.

 

[Sprout]

To each his own. Whatever rocks your boat. People ought to have real expectations. Day to day price action will be mostly different, even if you found an edge it will not be sustainable. Streaks, winning and losing ones, will always be around, don't confuse those with having a permanent advantage. Objective is to establish how to win 'in the end' of whatever time scale is relevant to you, some want to win daily (good luck with that one), others want to be net positive at the end of financial year, even if it takes 1 win vs 50 losses. As I said, to each his own, whatever you choose don't fool yourself, fooling others may have some sort of fetish of course.

What you say is mostly true. Especially the part of fooling oneself. Mr. Market handles that quite well.

However, understanding the Market's full offer operates in a different paradigm and requires observing a complete dataset, doing work and creating perception.

Sometimes people take on doing it brute force and logging thousands of hours of screen time.
All I'm suggesting is that if someone were to go through all the effort, it might be wise to observe the correct things that build upon an understanding of clarity and systemic cohesion. The other option is to perceive the markets through a game-based paradigm of probabilities amid random fluctuations. It's simply a different perspective on price action.

I understand that what you say is true for you. However to assume that is a global truth for all people and their experience of the market is inaccurate.

 

[themickey]

Was reading this thread with interest, then the last two pages I noticed chatter going on re a dispute and must have been with someone on my ignore list, so I logged out to see who was causing the ruckus.
Yup, Gotcha and JSSPMK, two time wasters, as again confirmed with their ongoing BS.