what is your percentage of longs/shorts? Long traditionally do better on s and p , market is long investment biased. Have you traded german 30 dax ?It is more volatile and trendier.
september so far: number of trades:57% of trades are long, 43% are short profits of trades:53% of profits are long, 47% of profits are short I don't watch these stats anymore. Trade long enough to know now already where it will go in future. No, trade ES because of volume available. Can make more money then I need. Look for balance between living for working and working for living.
People like trends and everything connected with them. One goes away, another comes. The main thing is the skill to make money with the help of this.
Same here.. When price hits my level, I only enter if I see a certain pattern (I have three that I like ).
A sucsessful trader is ... a successful trader. And doesn't bother concerning themselves with how someone else defines what a successful trader is.
It's the word "because" that causes the problem there, I think. The fact that trends are (undeniably) just one way the market behaves simply isn't a reason for trend trading preventing anyone from becoming a full-time trader. Only if you trade when the market's choppy. One doesn't have to. One can simply trade another market/instrument instead. Or wait patiently - most markets are trending about 15-20% of the time. It's not that difficult to find something that's trending, and trade it. (I'm not entirely a trend trader, myself, for what that's worth, if anything: I'm just questioning the logic of your assertion, here.)
I hear you, but I don't think people are getting what I'm trying to say here... I notice most people don't know when the market is about to chop until they are losing their money.. Been there done that.. Don't believe me? Go search the internet.. There are a lot of people having problems knowing when the market is about to chop... I can glance at the chart and I know when the market is about to chop... Because I consciously trained my brain to look for it.. This is why I'm trying to introduce something that no one hardly talks about.. I'm telling people instead of trying to just focus on trading trends.. Also study how a range market works.. But not just ranges.. Reversals , breakouts and consolidations too.. Because when you are in a trend, there are signs that will tell you the market is about to reverse.. Etc..
There is always an asset trending There are hundreds of thousands in the world...you know The world of trading does not end with the SP500 or the EURUSD
And trends by their very nature last longer which means you - don't have to call a top or bottom to profit. They happen less frequently but are more predictable, relatively speaking, when they do.