Intraday does not make sense.

Discussion in 'Trading' started by TTT, Aug 24, 2018.

  1. TTT

    TTT

    Intradia does not make sense. The intraday does not make sense because what you are looking for is an ascending profitability. That is already provided by an action.
    https://invst.ly/8f3or
     
    SimpleMeLike likes this.
  2. maxinger

    maxinger

    there are lots of comments from posters:

    intraday doesn't make sense.
    volume data is useless.
    scalping is crazy.
    institution has edge over retailer.
    more indicators and EAs are the ultimate solution .
    ....

    either find something that suits and works for you, or don't trade.
     
  3. _eug_

    _eug_

    There are patterns that repeats themselves in every time frame and in every chart. Watch price action for a long time and it will come to you... or maybe you will be lucky and stumble upon it online somewhere. Even when you have a pattern though, pulling money out consistently is still like beating your head against the wall.
     
  4. TTT

    TTT

    Long term is better because the benefit-risk ratio, plays in your favor.

    Maxinger, you're not right.
     
    murray t turtle likes this.
  5. Pekelo

    Pekelo

    ...you can have a life and not just sit in front of a screen.

    There, fixed that for you.
     
  6. _eug_

    _eug_

    I end up staring at the screen even with the longer term trades... maybe time to get a life..
     
  7. TTT

    TTT

    In this life you can complicate everything you want but ...
    Why complicate it easy?
     
  8. Palindrome

    Palindrome

    First learn to trade on longer term time frames, if you can do that, then try shorter term.

    It's like learning to Bat with 50mph pitches vs learning to bat with 100mbps pitches.

    I would also suggest learn trend continuation first, then ATTEMPT trend reversal.... trend reversal is very hard.

    Lastly... all of this... YEARS OF WORK
     
  9. padutrader

    padutrader

    in a bull market for stocks it does not make sense
    but in a market that does not trend...
     
    TTT likes this.
  10. EsKiller

    EsKiller

    Been daytrading morning session of ES and NQ as main source of income for over 10 years. Makes perfect sense to me, but I put in the work and wasn’t looking for a handout from a public forum

    If intraday does not make sense to you here are the 4 main reasons why it doesn’t:

    1) you’re lacking in IQ
    2) too lazy to backtest
    3) too lazy to stare at charts for hours each day until u get the next (ahah) moment.
    4) trading isn’t a passion of yours
     
    #10     Aug 24, 2018