I will assume this man is serious, to a degree, and certainly probing. An amateur, a working professional, must use EOD methods , IMO , and instrument or market selection is critical. Generally speaking there are two methods on which systems are built....mean reversion and trend following. Paitence , as it relates to frequency of trading and position size, ( lever or not) will sepetate the winners from losers when one properly executes the fundamental method to follow. Correct definition of trend and assumption of,its continuance is required and most will not accept this. There is no magic, no secret system. It is the trader, specifically, what he brings to the basic trend following method(not a system) that matters most. As simple and innocent the concept of "buy the dip" within trend is ...it is those pressing this method to max who are thriving in this market environment. Google ' buy the dip' and select the the animated video on youtube posted on March, 2014. Wisdom. It is a conversation between market participants.. One is a successful trader and the other is probably a loser. I leave it to you the reader to determine why. GL.
go long SPY when 3 min indicator is oversold. RSI. CCI. Whatever. Doesn't matter. take profit of 6 handles go long SPY when it breaks intraday resistance Go long SPY when it breaks a trendline Basically, just go long SPY, and you'll do OK! It has an inbuilt edge due to the fact that it has to go up over time. You have very powerful people on your side as a long only SPY trader!
You're not privileged enough. He's a very special member and you have to reach a status of a lower god to access his trading system.
flip coins: it's an age old secret method ... if head or tails comes up five times in a row, do the reverse of what you were doing before ... a garantueed winning method used in casino's too ;-)
I have 5 kids in my thread playing.. Children, please go play somewhere else as this is a serious topic meant for adults. Aaaaaand stay out!
behave and reason like an adult and people might start to take you seriously ... at this moment you don't fulfill the criteria ...
Does et have a children's section where this kid can play, he's highly annoying and a complete distraction to our discussion