Get me banned fast .SPEEDO Being banned is a privilege for the winners.You get separated from the losers.
To me absolute nonsense as there would be thousand if not millions of people making money. Just 3 months of studying and you will be rich. Speaking of an illusion ... To me again nonsense. What you will make in return depends of several factors. Some of these factors you cannot get under control. F.i. If the market moves 2 points you cannot make 10 points profit. But if the market moves 50 points you can. This cannot be altered by your trading system. So you depend of the size of the moves. All you can do is try to profit maximal of the existing situation. I have sometimes lousy weeks because the market does not move, but also several good weeks if the market makes nice moves. My weekly profit in these good weeks can go up to 100 times or more the profits of bad weeks. To me there are no doubts about trend trading. The doubt is: those who want to make money teaching trend trading, do they even know how trend trading works. This seller's knowledge is the illusion, not the trend trading. They sell something they even don't master themselves. But most people dont even see that. They take everything the sellers tell for the absolute and undeniable truth. Sellers have the following strategy: they try to convince the victim that they can offer them a very valuable something for a ridiculous low price. So they create a fairy tale. The valuable thing is almost worthless and the "low" price is very high for something that is worth nothing. They sell illussions, not the knowdledge about trend trading, as they don't even have that knowledge.
I can not comment on something I have no success with , but I can comment on my own formula.You have probably thought outside the box , this may well be the reason for your success. This is a set and forget formula with calculated risk taking looking for 250 ticks profit a week option strategy
I used your chart and added comments from mathematical trading. First look for a short. You should see this area in your mathematical model, and if the math is correct you will know what to do and when to do it. In the meantime, just WAIT. In the bottom area look for a reverse. Which bottom you will take depends of your math. so if the math is correct you will know what to do and when to do it. In the meantime, just WAIT. At the last top get out. So if the math is correct you will know what to do and when to do it. In the meantime, just WAIT. As mathematical models are ALWAYS giving IDENTICAL results, even after repeating the backtest a zillion times, you can make reliable stats on the outcome. Because even mathematical models will not only have winning trades and even might get stopped out several times, you can see in your stats the probabilities of all possible events and you know where you are heading to in the long run. So not dozen of emotional moments trying to understand what the market will do, no stress as you know what to do and when to do it: FOLLOW THE MODEL! The only problem is to build that mathematical model. No school or university can give you a ready to use model, so you have to build it yourself. That's where the thousands of hours of working come from. You need inspiration (very important as you should know what to do and where to start from), transpiration and a strong motivation for the continuous process of trial an error.
I agree with you.There are many different ways. I wrote "TO ME" because I know there are other ways then what I do. But I know that trend trading really works, at least for me.
I know all this trend trading .Thanks It is not chart based at all , my formula never looks at prices /technicals or charts , we just look at futures and options prices.It is a mathematical model , based on the black scholes mathematical model.It also catches trends , using the same model.