Dear Traders I am planning to self publish an ebook on "Professional Futures Intraday Strategy" which will be available as free ebook on all online ebook stores including Amazon's Kindle and Google Play Books. This ebook is intended to give a never before noval approach of creating a professional strategy based on market dynamics as follows 1. Market volatility decides entry/exit point 2. Market resistance configures the stoploss It is highly appreciated if you share your perspectives and ask questions to clarify which will be very valuable for improving the content and quality of my ebook. Thanks in advance
"This ebook is intended to give a never before noval approach of creating a professional strategy based on market dynamics": Never before? Really? A ludicrous expectation from a person that cannot even spell novel correctly.
So you judge people by spelling mistakes? Are you human or robot? Artificial intelligence has a bigger heart than yours. Grow up man (I know you are an online bully. I am a bully-buster. I will pretend I didn't see you.)
What do you mean by professional ? Guess you’re a retail with less than 2 years worth of profitable record. Would it be about mean reversion ? Bollinger bands aren’t revolutionary. How do you measure volatility ? How often do you update it ? What kind of reward to risk ? What kind of win rate ? How do you define a resistance ? Do you trade trend days and mean reversion days the same way ? If not … How do you define the type of day ? Why trading intraday and not letting some trade run overnight ? Can I trade stock, forex, cryptocurrency with it ? Are there precise rules / algorithm or it’s simply a framework ? Are you going to waste my time ? Tell me something I don’t already know ? Buy Low … Sell High
Basically what you are asking is "How do we define our strategy?" Why should we define our strategy? Market has to define our strategy. There are only three things we need to decide 1. When to enter 2. Stoploss 3. Exit position Market has to dictate it for us. Market EVENTS tells us what to do and when to do. Here are two examples of how market EVENTS guides us in our decisions. Market EVENT : "Gap-ups and gap-downs" Holding position overnight is vulnerable to gap-ups and gap-downs which makes the market relatively unpredictable. Intraday chart, particularly Index Futures, is less vulnerable to gap-ups and gap-downs making the market relatively more predictable. A professional trader' who makes decisions based on market EVENTS won't choose swing trading due to the relatively unpredictable market conditions. Intraday is less convenient compared to swing trading. Yet a professional trade won't trade safe investment with convenient investment. Market EVENT: "Price hits stoploss then immediately trend resumes" This market EVENT reminds pro traders the thumb rule: "Market must define the stoploss". In other words the pro traders have to increase their stoploss a bit, everytime this market EVENT occurs.
I cannot stop to laugh. I read so many bulls..t from you rajesheck that it would be better that you do not publish your ebook. You are only wasting time of other serious traders and learners. What you write is far from reality and it only shows that you have no (solid) experience. Better you learn at least 5 to 10 years more before spreading out your "insights". Because this ebook could be only comedy stuff. It can be only nonsense. Sorry for these words. But one must that say it to you if you not already heard it on this forum from more experienced ones.
Market EVENT : "Premature trend reversal" Trader's Response : https://www.elitetrader.com/et/threads/chain-reaction-strategy.374876/
I appreciate your courage to face your bully-buster. You are a bully. I am the bully-buster. You are mine.
This is a spam post of "Hey Trader Are You Just Surviving Or Soaring High?". It was worthless then and is so now. And you will give us the middle finger, cry bully-buster/small penis; and congratulate yourself on your superiority BUT before you remember these comments others said about you: Half baked, immature, developmentally dysfunctional child in the body of a 51-year-old man, giving sophomoric statements, he goes on my ignore list, block for me too psychobabler, your style is pontificate, make any dissent a personal attack, descend into stupidity, passive aggressive, disingenuous and condescending; not educated beyond some casual reading.