How to know trend or chop in REAL time

Discussion in 'Trading' started by galvinlee888, May 9, 2015.

  1. loyek590

    loyek590

    the only "edge" I know is cost
     
    #31     May 9, 2015
  2. dbphoenix

    dbphoenix

    It's so easy to separate the wheat from the chaff.
     
    #32     May 9, 2015
  3. loyek590

    loyek590

    when they invented Globex and ES, that was the first time that gamblers in Colorado in their pajamas could trade against Chicago floor traders. Move forward to 2015. How many floor traders in Chicago are left? It aint just commissions, but also living expenses, parking fees, gasoline, and communists running the Land of Lincoln.
     
    #33     May 9, 2015
  4. loyek590

    loyek590

    I know my ancient ancestors use to do that, I never heard any of them say it was "easy". Their survival for the winter depended on it. I guess it is "easy" if you have a lot of wheat to start with.
     
    #34     May 9, 2015
  5. dbphoenix

    dbphoenix

    "Wheat" being those who are experienced and profitable traders and "chaff" being trolls.

    And, yes, separating the two is easy. Not fool-proof. But easy.
     
    #35     May 9, 2015
  6. loyek590

    loyek590

    It's really getting to be boring. Some dumbshit "implies", and he never really comes out and says it and reveals it, but "implies" that he is different from "ordinary men", and has a "secret" for making money.
     
    #36     May 9, 2015
  7. barcadia

    barcadia

    So this is trending down in my view. But will it carry on, and is there a trade there if you just sat at your screen and saw this?
     
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    #37     May 9, 2015
  8. loyek590

    loyek590

    nobody that reads these forums believes you are a profitable trader. Most likely a school teacher or administrater living on our tax dollars.
     
    #38     May 9, 2015
  9. dbphoenix

    dbphoenix

    If you were just sitting there at your screen and saw this and entered a trade without a trading plan, then whatever money you made, if any, would be pure luck. Whatever money you lost would be the result of not trading according to plan. If you had one.
     
    #39     May 9, 2015
    loyek590 likes this.
  10. barcadia

    barcadia

    Hi. Well, yes. For me personally, that's true. I'm asking this of those who have a plan that works and are winners at this game. Maybe they can explain where the trade is from this point in time, and I can scroll through the chart and see if it would have worked. Might be a fun way to learn.
     
    #40     May 9, 2015