Agree with @Laissez Faire I think the big money is made by catching these 2 or 3 days swings. Plus you can scale it big and make millions per month if you're lucky As I said in my journal ... Even as a short term day trader, These swings should be kept in mind.
Yes, agree. Noise is a function of sqrt(T) as an option trader, noise is a major part of the equation and I deal with it all the time. What is noise in PA? Random traders buying and selling but there is herding and that is what I am trying to catch. Not very well, I suppose.
Trading Ranges offer FOT (Frequency of Trades ..a term I coined and use to describe multiple opportunities)
Good Morning ironchef, I sympathize with your pain sir. I lost real money every year the past 6 years trading. So I definitely understand. I honestly have no helping words for you, but I completely understand. Just keep on going.
Do you want to explain in detail the indicators you use, as well as your criteria to enter trades? People might give you some hints that way.