Why is it harder to make money in 2013?

jinxu · Jan 3, 2014

I was looking back on some old charts back in 2010 when I started developing my trading strategy and still pretty amateurish. And I've found that if I had the knowledge and skill I had today and used it back then I would have make a tons of money. But in 2013 it was much much harder and still the opportunities didn't match up to 2010.

Has the market really changed?

wiesman02 · Jan 3, 2014

Quote from jinxu:

I was looking back on some old charts back in 2010 when I started developing my trading strategy and still pretty amateurish. And I've found that if I had the knowledge and skill I had today and used it back then I would have make a tons of money. But in 2013 it was much much harder and still the opportunities didn't match up to 2010.

Has the market really changed?

What market are u refering to ?

jinxu · Jan 4, 2014

Quote from wiesman02:

What market are u refering to ?

ES/YM

rwk · Jan 4, 2014

Quote from jinxu:
Has the market really changed?

The market is the way it always was ... changing continuously.

wiesman02 · Jan 4, 2014

Quote from jinxu:

ES/YM

Been trading ES since 2008, and the markets change every year. That's why it's importent to have a system based off price action Bc that edge will never go away.

Sure 2010 had more gap ups and downs of 100-300. And 2013 had a lot more trend days

nazzdack · Jan 4, 2014

Quote from jinxu:
----charts back in 2010....
----would have make a tons of money.
----2013 was much much harder....
----market really changed?

1) Volatility is lower and trends are choppier.

2) You still could have been blown out by the Flash Crash. :eek:
3) You're overestimating your ability and system. :mad:

4) You're being "hurt" by infinite variance?

R. Raskolnikov · Jan 4, 2014

Volatility, on average, was much higher in 2010 than 2013, at least in the SPY and ES

Quote from jinxu:

I was looking back on some old charts back in 2010 when I started developing my trading strategy and still pretty amateurish. And I've found that if I had the knowledge and skill I had today and used it back then I would have make a tons of money. But in 2013 it was much much harder and still the opportunities didn't match up to 2010.

Has the market really changed?

fusionz · Jan 4, 2014

Have to adapt to the markets. There were a lot of big movers in small cap and microcap stocks.

Redneck · Jan 4, 2014

woulda.. coulda...shoulda

Hindsight is such a bitch

RN