Hey there's always a unicorn . If it told someone i've done this for 31 yrs full time few would believe . So maybe Flips a unicorn . But i do know with that strategy you got to know days like today are tough flipping days and more buy the pullins long and hold a little while. I guess what i'm saying new traders watching him he should have a warning" Don't try this Please"
Only 3 still trade from 15 or more yrs ago. Very Very Very few people make it. I think most know that.
I didn't see your comment - I was responding to Hafez. FWIW - I have no problems believing what he's saying though. I think the easiest money is made trading with the trend and only trading 'counter-trend' when it's a good sized reversal as can happen on days that are more range bound than this one. But in theory, if you could flip positions and continuously being in the market - that's actually the most profitable way to make money as the sum of the moves always are greater than the trend. But I'd venture to say that it's something that would be very hard and even impossible to accomplish in practice.
I am typically always in long or short, but my time frame on those positions is weeks and months rather than minutes.
Bingo Laissez. On paper looks great but in the real world its super super tough. When your ripping back and forth all day how many times do your emotions come into play ?Oh crap it went against me i'm out . Then it reverses your way. Your on the edge of your seat all day long .If one can do it consistently and make money i'm amazed. In addition i don't want to be on the edge of my seat all day flipping. Tough ass way to make a living .