Don't get what you are ranting about. Volatility is down in the S&P but it isn't the case for the nikkei (that thing crashed like 10% in 2 days), and yes the dollar is garbage but what is stopping you from selling it? Its down huge in the last few weeks vs the euro and yen. There are certainly opportunities to profit from this market if you look closely, never focus on just one product if you hope to trade for a living, its extremely difficult that way.
I know the market will change. I am saying the market is crap RIGHT NOW. And I am not looking for confirmation from any trader here, I am just commenting on the current market and how it is trading. Sometimes it is easy to make money, like in January and February, sometimes it is more difficult like April. I prefer lots of volatility, not the middling crap we have right now. I am sure everyone is KILLING it here, like always. A trader comes here and says its a tough trading market, and all the 1 lot traders come out of their mom's basement and say that its easy to coin money.
Nobody said he is making a killing. 1 lot traders? You don't know that. Easy to coin money? Nobody wrote that. 3 lies in 2 sentences. Your are very good, not in trading maybe, but you proofed to be a professional liar.
The guy simply wanted to vent and this thread turns into some hyper-defensive flame war...Personally I'd love some predictable trading ranges (like we once had), but this is the market we're left with after it's been gutted over the years...If a guy likes trends, he'll be pissed at ranges and vice-versa...
ET is a cesspool of know it all daytraders who think that anyone who doesn't make money in every type of trading market or trading instrument is a loser and has no trading skills. No wonder all the good traders left this place.
the only cesspool I know of is London:""London, that great cesspool into which all the loungers and idlers of the Empire are irresistibly drained." - Arthur Conan Doyle ah! I forgot Great Brain doesn't have an empire anymore.
It does make me wonder why all the "make a living from it Traders" responding here are indeed day traders. Where are all the traders trading many markets in higher timeframes ? Amateurs can see that recently (2016) currencies and commodities are making some fantastic moves. I mean that in some spaces 5-20 day advances are double what they were in 2016. Specifically, small to mid cap miners, and the energy sectors are on fire. This was a regime change was a fast and sure signal in hindsight and the trend is still in place. And no, I didnt take enough of what was offerred myself but it does beg the question. Do you have the tools to define and see these changes as they occur? Are you interested in going where you must to find this price action? Lastly can you execute and profit from these Serial,asynchronous opportunities? I condescend to no one and assume all but me are proffesionals here.
no. different skill sets. you are sure yet you are clueless about trading markets. it doesn't go together.