Hello SimpleLikeMe, You joined this Forum in 2014, which suggests to me you have at least 9 years of experience and research. At worst that suggests you at least know what doesn't work, but I would suggest you do have some knowledge of what works. When vast numbers of people get together, all with different experiences and areas of knowledge, a problem is attacked from infinite directions. The whole is greater than the sum of its parts. Thus the advantage of numbers. Have a good Evening.
Hello Darc, I do agree with working in a team as a group of traders, I really believe in team work. However, I have 100 good trading strategies that may work. And so does 1000 other traders, that means 100,000 trading ideas. Which trading idea gets the $50,000 in your bank account? That is a great observation you made. Yes, I been on forum and trading since about 2014. Please keep in my mind trading is my part time efforts, not full time job. hmmmmm, to be honest man, I have no clue what works in what not works. Sounds, funny but I do not know. I have a good guess what works, but nothing concrete. My best advice to any day trader is just like a said before man. 1. Open a demo or cash account. 2. Stare at the screen of a chart, everyday for as many hours as long as you can. Doesn't matter the time frame or bar type. 3. While staring click buy and click sell about X-X,XXXX times per day, when you think you can make money for a profit. 4. Write down trading ideas. 5. Trade does trading ideas. 6. Or even better manual back test or program those trading ideas to see if trading idea have high chance of making money for the next X to XXX years. Lol, I honestly do not have any other better advice then that my friend. I do not know, and I like it like that. Because if I knew, I be a millionaire by now , right?
Hello Darc, I do agree with working in a team as a group of traders, I really believe in team work. However, I have 100 good trading strategies that may work. And so does 1000 other traders, that means 100,000 trading ideas. Which trading idea gets the $X,XXX to $XXX,XXX in your bank account?
I've never read Al Brooks until recently, but his Trend following then Scalping the Chop resonated with something a Jim Simons video I watched last night said. But I'm not a Day Trader.
Study the charts and maybe you’ll get lucky. No one is going to share their edge with you unless it’s your father, and even then, maybe not.
After 7 years of Research etc, I can testify that JUST starring at Charts is one small aspect. Researching, Backtesting and other strategies are more fruitful than just staring at Charts, when it comes to significant breakthroughs.
You made a statement that just starring at Charts is the solution. I said there is more to learning than just starring at Charts.
The whole principle of a Forum is a sharing of ideas, to benefit EVERYONE. But you don't want to do that?