I'm not looking for a site that's selling something and I'm not looking for a system to trade. Just curious if there are any sites where experienced traders post their daily ES trades. The ES thread in this forum is quite slow these days...
I wonder why.. when you take random data and put it in chart form it provides the illusion of predictability. If I take several hundred spins of red and black from a roulette wheel and convert it to chart format, and place it side by side with an ES chart you probably wouldnt be able to tell the difference, they both have trends, chop and choppy trends. Once you can beat this, you're ready to trade the ES. <!-- Play United Roulette Code Begins --> <div style="border:1px solid #000000;width:600px;height:400px;padding-bottom:20px"><iframe border="0" frameborder="0" scrolling="no" src="http://www.playunited.com/gametools/puroulette/index.php?affid=&logo=" style="width:600px;height:400px;border:0"></iframe> <div style="text-align:center;font-size:10px;color:#8e9193;font-family:Arial, Verdana;padding:4px">Roulette sponsored by Play United <a href="http://www.playunited.com" style="color:#8e9193">Online Casino</a>. <a href="http://www.playunited.com/gametools/" style="color:#8e9193">Webmasters make your own game</a> here.</div></div> <!-- Play United Roulette Code Ends -->
If I could beat that, I wouldnt be trading... I'd be in Vegas. You are right about your concept though. It's just like the coin-flip theory. I wouldn't call it completely random though. I think the most advantageous way to trade is by knowing market microstructure. There is a lot more going on behind the scenes than what is reflected in a chart.
Nice theory but completely wrong. Unsuccessful traders love to think everythings random. Its not. Trends exist for real reasons and you have to ignore the noise and see what is really happening. This takes skill though if you lack the judgement and experience well of course it will look random to you.
http://stocktwits.com/symbol/ES_F http://chart.ly/symbols/ES_F If you say the ES Journal thread is slow...than stocktwits (twitter) will be turbo charge. Once you learn how to use stocktwits...you can slow it down via putting those you don't like on ignore so that you will no longer be able to view their tweets. You can also isolate and follow ONLY the tweets of those you consider to be "experienced traders" via whatever definition that is to you. Further, some of these traders do have blogs and they aren't selling anything. It's also mobile (e.g. iPad, iPhone, Blackberry) You can further enhance the use on your desktop via the following free programs...both of the below are also mobile. http://stocktwits.com/desktop http://www.tweetdeck.com Mark
Awesome!!! That is exactly what I was looking for. Thanks so much for taking the time to explain that. I'm gonna get it all set up now.
I'm completely wrong?? name 1 retail trader with an audited track record trading the ES Profitably for over 6 months. Dont blame judgement and experience for failure. I've spent more time studying ES & SPY charts than it would take to get a bachelors degree and still couldn't make a profit. Of course not everything is random. Rare events like flash crashes and major breaking news in stocks (during market hours) somtimes provide predictable momentum but normal trading doesn't.
I'm completely wrong?? name 1 retail trader with an audited track record trading the ES Profitably for over 6 months........ so if someone can post this info ....you'll just say it's faked? you would put up...maybe 1k to get humilated in a public forum?