Hello easymon1, I love your questions. I like to keep my life as simply humanly possible. I ONLY dedicate 1 hour of my day towards trading in real time. Then I move on with life. Overworking in trading is stupid and a waste of time. I dedicate 1 hour of trading per day in hopes of ending the day meeting my profit goals. Simple! What time that 1 hour occurs for me is irrelevant because prices go up and go down, I just want to make some money either way. Simple! I do not journal trades or times of trades, because that is too much work and it is mathematically stupid. Simple! I do not have any stats on trading performance, because that is too much work. If my account balance goes up, I am doing awesome, If my account balance goes down, I fucking suck and need to improve. Simple! I do not read trading books or buy trading courses, because they all LIARS and SCAMS and can not prove shit quantitatively. And they just want to make money off of me. Simple! I practice for 2 hours on the weekend if I have time. Simple! As you see, I only devote about 10 hours of my week towards trading goals. Simple! My goal is to scale to 1 ES contract to XX ES contract over time. Simple! Please ask anymore questions that you have. Hope it helps you.
There can only be one Holy Grail, and one trading method...and that process goes to whatever trade style Makes the Most money. Period. We all strive to make Supernatural money returns from the market. That's the ultimate bottom line and goal and dream and fantasy and plan. There can only be one Superbowl champion. There can only be one NBA champion. There can only be one Sun and one Moon. There can only be one Sperm egg out of the 50 billion in ejaculation that reaches the womb. What makes the most money in the market? It has to be something leveraged, magnified, ....options. It has to be something big, huge, mainstream and liquid.....the S&P. You need a high frequency of trades....it has to be a day trading process system. If someone can daily time the S&P using options....they can make serious money every day. Capture that one, big, main, move. This is the only Holy Grail, money printing, process system out there. There is no other. Six figure days, Seven figure days, are possible if your account is large enough and bet is too. I'm teaching you how to make a nuclear bomb, but you prefer to play with fireworks and standard TNT explosives instead.
Man, I'm wicha. Simple is beautiful. Now, practice what you preach. Why you expect me to wade tru all that bullshit when Simple is what I like, just like you man. How often would you say it varies per month from the 8:30 AM time that you posted earlier. Please answer in a numerical format? Thanks man.
Hello easymon1, It varies about 10 days, I guess. I refuse to work hard in trading. If you think about it, it is gravely stupid to work hard in day trading as a retail trader. Even stupider to lose money as a retail trader. We can lose time gaining experience, but losing money year to year is stupid and makes no business sense. Yes, I keep things completely simple. 1 hour of trading, 1 profit/loss daily goal target, 1 chart, 1 entry, 1 profit target, 1 stop loss, 1 best guess. No indicators, no nothing. 1 brain, and 1 arm be maximized for 1 hour. Everything is in 1, because I want to do 1 thing, Keep it Simple. Only fools work hard in a thinking game.
The trend line broke with good momentum and price tested the tight opening range that had lots of overlapping bars with wicks (that also opened at the prior days close; a magnet). It was the next target after the prior days high/beginning of the channel.
Simple... concise, no fluff. 10. the avg mo has 20 trading days. Of the remaining ten days, On average, how many trading days would you say that you don't sit down to trade at all?
Hello easymon1, I trade everyday. I never ever miss a day of trading for 1 hour per day. In 1 hour, I want to make money just like a employee at a company. I work for price on the chart. I am slave and price is my master/boss. My master needs me at work everyday for 1 hour per day to watch price and take precise intelligent guesses.
On average, how many trading days would you say that you don't sit down to trade at all? Zero. Of the 10 trading days that you don't sit down to trade at 8:30, what is the smallest range of times that would include the start time for 7 of those 10 days?
Hello easymon1, Sorry buddy, can you please repeat your questions? I am confused. I trade 1 hour per day whenever I get free time, I am busy sometimes. I can not stare at screen all day. That is not productive to me.