easiest money in my life

Discussion in 'Journals' started by padutrader, Oct 13, 2023.

  1. padutrader

    padutrader

    the result of energy is price
     
    #451     Nov 23, 2023
  2. Leob

    Leob

    What about the market commitment to current price?
     
    #452     Nov 23, 2023
  3. padutrader

    padutrader

    that means you are watching price and price alone
     
    #453     Nov 23, 2023
  4. zghorner

    zghorner

    the "easiest money in my life" was made in a Paper account?
     
    #454     Nov 23, 2023
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  5. p0box4

    p0box4

    Not only shallow knowledge about volume but about indicators as well it seems.

    RSI absolutely isn't a leading indicator since it's reacting on what happened, not trying to predict what is going happen.
     
    #455     Nov 23, 2023
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  6. Yes, that’s the beauty of it! All the benefits of a real account without the risk. The answer was in front of us the whole time!




    I started following Big P after he said something like “You don’t need sophisticated to make money or be successful” about Dest’s Options strategies. Lord Dest never once said you do. I thought it was insulting, like a Candy-striper telling a neurosurgeon they don’t need education to perform surgery.
     
    #456     Nov 23, 2023
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  7. padutrader

    padutrader

    yes
     
    #457     Nov 23, 2023
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  8. padutrader

    padutrader

    you are jokers e9.png
     
    #458     Nov 23, 2023
  9. p0box4

    p0box4

    You shouldn't believe everything you read on the internet :banghead:. There are plenty of articles saying it ISN'T leading.

    How can an indicator that reacts on what already happened be leading :rolleyes:?

    Edit: some see RSI as leading because it can turn around and go up before the actual market, but that doesn't make it a leading indicator. It reacts on what already has happened, price has to move first before RSI can move, making it a lagging indicator.

    Unbelievable that something so easy and basic has to be explained to someone who has been trading for 30 years ...

    You proved, once again, who the joke is.
     
    #459     Nov 23, 2023
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  10. zghorner

    zghorner

    How could you ever offer even a smidgen of advice to anyone until you are at the very least trading live?

    I'm not hating on you in particular, I honestly have nothing against you (or anyone else on this forum really)...but that just feels like one of those unspoken laws of trading.
     
    #460     Nov 23, 2023
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