Much more to be made in an RTM product from consistency instead of home runs. 5 points a week is all one needs to make 7 figures in ES
With all this green... CRM, TTD, WDAY, TWLO, ADBE, MDB are all well off their highs and red today. These high growth, high margin tech titans will put solid floor under the Naz and S&P. As stuff like retail pulls back, these will creep back up. We are far from a bear market Izz. We may not go up much, but we're not going down anytime soon.
I am a support /resistance trend trader first and foremost. This lends itself to my getting stopped out as I place my stops many times too close to those levels. However, I make up for it with big wins.
What I said, exactly, was that my son understood @speedo's system more quickly and easily than I was able to hook up his XBOX the first time. Maybe it's just me. But I look at a chart with a method like @speedo's and the understanding and the how I'd apply the method are instantly visible to me. But then I read the reaction to his charts here of someone like esfocus and I realize that for some, perhaps most, the obvious is not so obvious. Why is that? What makes trading hard is not coming up with an edge. It is the refusal to define an edge, and then, even if one does that, most will be unable to trade it and only it consistently. But one can certainly make a very profitable operation from just one set up so long as it occurs with enough frequency to give one the opportunity.
Ok, but I don't see it from what you post here. In fact, that kinda describes me lol I appreciate you taking the time answer my questions, B1