Man!!! Your point is so clear to me... Find a theory of trading and be a guesser and gambling trader. Saves times. What lead you to intrsting point of view, may I ask..
5 from 5 I scalp emini 10 second TF in the beginning. 10 minute to 1 houre depends on volatility. The switch to 1 minute. Trading range during day in 10 sec TF
Hello Leob, Well lets think about it. I only have about $30K trading capital to make money trading. What led me to becoming a Guesser and Gambling Trader day to day was 1. Years of seeking help from others. NOONE is going to help me and show me specifically how to make money. They just going to give me ideas and want my money to teach me. However, when I ask them to show broker records or 3rd party audit service to verify their trading records, no response. 2. Years of programming and back testing trading ideas of what I "thought" makes money. It is impossible to think 1 trading ideas makes money, and the computer proves this in optimization. Automation is the only way to verify trading edge. But this takes forever, and I have no time for it, because of lack of trading ideas. I still do this for fun. But I guess day trade. 3. LIARS and BULLSHITTERS. The trading industry just wants my money because selling gurus make money like this: 1000 customers $1000 for trading course or trading algo or trading plan or trading method or mentor or XXX Trading Selling Service makes 1000 x $1000 = $1,000,000 If you ask the trading service to show proof of trading, they can lie to you and show you fake stuff. Watch this below to save yourself time and headache 4. Confusion and too much help. Everyone have an idea how to make money trading, NOONE proves the idea. My brain can only do one thing without going crazy. 5. Noone knows shit and if they did, they will not tell you me anyway. Just the blah blah blah blah keep rewards great risk, keep a trading plan. If it was that easy we all be rich right? 6. Lack of time. I work full time career and have about 2 hours to trade per day. best to guess and make money and close chart then spend years and years back testing by hand what I think works. Even if back test manually best to guess and discretionary exit the trade when you think premise changes. So you tell me sir, what other choice do you have to trade? All you can do is pick a trading theory and practice. The moment you go online searching for a trading idea strategy or method, you will waste time because noone knows and they will not share with you. And they want your money anyway to sell you fake stuff. Plus I personally know traders who loss $XXX,XXX being lied to and scam from fake Trading Teachers and Trading Services. So best I stick to my own way of doing things.
Hello Leob, Now think about this logically without emotions. And answer these questions below 1. Can anyone help you with your trading style you mentioned above make money? LOL, noone has time or energy to look at your trading approach, they have better things to do. They just going to say follow your rules, follow your trading plan, back test it, blah blah blah blah. LOL, if it was that easy we all be rich right. There are no rules. There is no trading plan. 2. Can "you" program this trading style in a trading software like TradeStaion or NinjaTrader? If you pay someone to program it, they will steal your edge if it works or maybe even sell it to the public. If you answered No to both questions, best to keep on doing what you doing and be happy about it. And keep on guess and gambling and enjoy what ever trading theory you have studied and make it work yourself. Thanks
As primery never. I practice on of with demo and live for five years. Start from screening 300 stock during the to focus on 1 market. I believe Im in final stage to fine tuning my approach..