Is the larger time frame overrated?

Discussion in 'Trading' started by MarketAddict, Dec 18, 2013.

  1. Traders do not make big or small money from big money whether in small or in large time frames. It is rather big money that makes money from small traders, in both small and large time frames.

    The tiny minority of small traders who make money, make it from other small traders.

    The bottom of the food chain is the small trader.

    One of the weird things in this forum is that people seem to genuinely think they take money from big money.
     
    #51     Dec 22, 2013
  2. Never claimed that.
    (please read again the original post)


    But:
    If small money can make any money this can be seen as big money making a mistake.
    They gave small money an opportunity.

    And if big money gives an opportunity on a big time frame that means they left big money on the table (=big mistake).
    On a small time frame they only left relatively small money (=minor mistake).
     
    #52     Dec 22, 2013
  3. Sergio77

    Sergio77

    All timeframes are good is you know what to do.
     
    #53     Dec 22, 2013
  4. There are traders utilizing five minute charts earning seven figures and those that break even or lose money. Some trade daily or even weekly charts to make seven figures and others use those time frames to break even or lose money. Your time frame may or may not relate to your income potential.
     
    #54     Dec 22, 2013
  5. tiddlywinks

    tiddlywinks

    This is the most ridiculous thinking I've ever heard.
    Large sums and/or large positions (MY define of big money) are simply unable due to sheer size and intra-related positions, and in some cases incapable through written edict to do anything other than nothing. These are not "mistakes". And they are not opportunities "given".

    Wake up!
     
    #55     Dec 22, 2013
  6. It is sunday evening, so no big money. The buyers are therefore small money. ES is at 1820. The guy who bought at 1820 is in my view a moron who would make money only from another moron. Since the chain of morons is finite, at least one of them would hold the bag. If he bought to close, we already know he has lost because 1820 is a new high.
     
    #56     Dec 22, 2013
  7. I never claimed that you claimed that (please read again my post).

    If you want to relate my post to yours, I would probably say your questions are probably inverted in subject and complement: I would ask in which time frame big money takes money from small money.
     
    #57     Dec 22, 2013
  8. No problem, stand by, I am going to fax you my bank account balance right away.

    Oh, here it is... :D

    [​IMG]
     
    #58     Dec 22, 2013
  9. For those who seem not to agree, let us simulate this. Assume I am managing money for a big money. Let us say the backer has 10M. We simulate the shorting of 10 emini contracts at every 2 points starting at 1820. Last contract would then get in at 1838 if it gets there in next 24 hours. The buyers would probably be small money.

    The market is at 1821ish, but let us assume the first contract is at 1820.
     
    #59     Dec 22, 2013
  10. tlopez51

    tlopez51

    Ah! But we need morons to profit from. Only thing though is figuring out where the morons are the most totally wrong. 1820, 25, 30 . . . 1900 . . .

    Hey, I hear it everyday. One day there will be the mother of all pull backs. There will be hell to pay . . . on and on and on. But the ES keeps climbing. So when and at what level so I too can be there waiting?
     
    #60     Dec 22, 2013