Is trading easy?

Discussion in 'Index Futures' started by nooby_mcnoob, Jul 5, 2022.

Is trading easy?

  1. Yes

  2. No

  3. Fuck off cunt.

Results are only viewable after voting.
  1. Handle123

    Handle123

    Instead of concentrating on increasing win rate, why not find ways to decrease losing percentages? Study what happened before signal on winning trades, to the left of signal on charts.

    Study patterns at extremes then don't trade against them.

    My first twenty years were not easy to trade, am a perfectionist, I got into trading as ultimate challenge, my businesses did well enough I retired at 43. All my life been workaholic, having Asperger's helped me see patterns of what's missing or wrong.

    Instead of working on high percentage very long term commodity system of selling highs and buying lows, I went to making a horrible low winning percentage system, then learned hedging to make profits when I lost, so I have positive expectancy when trade is placed it will be losing trade on underlying but make overall profits. System seeks percentage nine year extremes, so when high/low entry is found, stays in for 75% of 9 year range and on pullbacks more entries done. Started it in 1991 and improved through the years.

    Recently turned off scalping automated systems, all did 5% or less losing %, moved funds to areas that produce larger profits. Have one day trading system automated, runs 24 hours and automating last one, losses 4% and under. Protective stop is $1250, profits less.

    Is trading easier after 44 years, absolutely, I understand what happens most of the time. I expect to be profitable everyday, losing days happen cause of averaging down but overall produces more overall.

    Most people don't think outside the box, use too many indicators, don't study charting patterns.
    One of better patterns is Reverse divergence, Google it.
    Wedges with trend, triple bottoms with trend, Head and shoulders with or against trend. Anticipate triangles and get in early, risk less and those do trend line breakout gets your trade to break even stops. Whatever normal signals are, learn to get in early.

    Getting older, rather go for larger profit systems, less trades. Scalping/day trading younger person way of life, age catches up.
     
    #231     Jul 9, 2022
  2. Ok great now second and lastly to improve on that fear is move away from scalping/day trading (for the moment anyway) Look at swing or eod trading because your scalping is only hindering your fear in that you don't take the trade cause another one will be along soon and so on the process repeats.
     
    #232     Jul 9, 2022
    Handle123 likes this.
  3. Jzwu2017

    Jzwu2017

    In principle trading in any time frame is the same due to the fractal nature of the market. Day trading is more challenging technically, however.
     
    #233     Jul 9, 2022
    SunTrader and nooby_mcnoob like this.

  4. Yep he missed the full lesson and you just spoonfed it to him and he still didn't get it.
     
    #234     Jul 9, 2022
  5. See even though I gave you something that worked three days in a row you still kept saying stupid things.
     
    #235     Jul 9, 2022
  6. My god Noah, I am literally angry that you spent time writing this bullshit rather than thinking "would noob actually take the most retarded trade I could come up with"
     
    #236     Jul 9, 2022
  7. Here is the psychology of Noah, I can tell you because I can relate. And reading his responses just makes me realize how much stupider than me he really is.

    He has had a life full of really hard losses, but he is a smart guy. He thinks he can reason his way into a 100% win rate. He thinks "if I had just known this earlier, I would have done something different". You cannot change the past, but if you let it, it will affect THE REST OF YOUR LIFE YOU CUNT FUCK.

    The reason I love the market is because it forces me to acknowledge I am putting faith in a bunch of people to keep doing what I think they are doing. It forces me to acknowledge I am nothing, I am not smart, I am completely at the whim of the universe. I am nothing.

    That is powerful.

    You will change your life when you learn to let go.
     
    #237     Jul 9, 2022
    Leob, themickey and Jzwu2017 like this.
  8. Handel has been around forever. And Yes, you can believe anything he posts.
     
    #238     Jul 9, 2022
  9. SunTrader

    SunTrader

    Around forever means what exactly?

    Plenty of people are around forever too stretching things. Like trading 150 ES contracts at a time. Reeeealy?

    Get risk down to 0%, and 90% winners although said separartely.
     
    #239     Jul 9, 2022
  10. SunTrader

    SunTrader

    Don't know if this was already mentioned about Thursday's RTH ES open but first few minutes bars broke above the previous day's (Wednesday) high signaling a possible long entry area.

    As I said previously I plot all the data including Globex session so I didn't see it live. I have in the past plotted RTH charts, but there is just too much effen stuff to watch. :)
    Maybe I'll rethink that.
    ! ES RTH open.png
     
    #240     Jul 9, 2022
    nooby_mcnoob likes this.