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. tomi01

    tomi01

    It's enough to just watch the index edges on a 1 minute candle! Don't think my brain would agree with compositing indexes ..
    lol
     
    #331     Jul 11, 2022
  2. tomi01

    tomi01

    Nope! You want to know what Apple's next 1 minute candle is going to look like.. (more or less) you look at the NDX..
     
    #332     Jul 11, 2022
  3. SunTrader

    SunTrader

    I don't trade stonks period and could care less.
     
    #333     Jul 11, 2022
  4. Overnight

    Overnight

    Stocks move the index. The index does not move stocks.
     
    #334     Jul 11, 2022
  5. SunTrader

    SunTrader

    Did a little chart "experiment" if ya want to call it that. Put AAPL (black and red candles) and $NDX (red and green candles) in same chart window (had to make it 2 minute bars to fit screenshot) without scaling and as expected they shadow each other for the most part. A little bit of dog and tail, which one is wagging the other changes often. But I noticed something else in today's price action. See if you can spot it? Or anyone else?

    ! AAPL NDX.png
     
    #335     Jul 11, 2022
  6. Literally everything follows, and traces, the broad market index, SPX/NDX,DOW,
    Except for penny stocks, and every other little weird thing that's sh8t.

    People should forget individual stocks, companies...and just learn to master, trade, the broad market.
    If someone can do that daily, in and out, they can get nicely rich and comfy in no time.
    Of course, though, it's easier said than done. and the devil is in the details,
     
    #336     Jul 11, 2022
  7. AAPL seems stronger relative to NDX?
     
    #337     Jul 11, 2022
    KCalhoun likes this.
  8. SunTrader

    SunTrader

    That it was. 88% retrace of gap down while $NDX only made 48% one. :thumbsup:

    ! AAPL NDX retacement.png
     
    #338     Jul 11, 2022
    nooby_mcnoob likes this.
  9. I'm somewhat of an expert on coloured bars you know :D:D
     
    #339     Jul 11, 2022
  10. SunTrader

    SunTrader

    Nothing but red tonight.
     
    #340     Jul 11, 2022
    nooby_mcnoob likes this.