So, what am I missing ?

yes traders are getting too myopic nowadays and missing the big picture.

just because you have the technology to dissect everything and try to see what makes it tick .... they do it, without realising there is no need to

analysing the trees but not seeing the forest

i have seen a stock not go below a certain rate or price for 3 months.
that is how long some institutions take to accumulate.
and then they continue to accumulate at higher rates.they may even do it for 1-3 years.suck all the liquidity out of the stock.
or even out of the whole market....that would explain the movement of the Dow to new highs

but people nowadays cannot wait beyond an hour or a day

thanks for your post

i had forgotten about that phenomenon if you understand it,that is where the real wealth is...not in strategies patterns or risk reward.

 

you do not[edited] need to analyse anything.you only need to observe.

not a day or month but maybe for a decade

 

yes but markets do not trend most of the time.
you can find some market that is trending some where.
but you can only really benefit hugely if you understand when that trend ends.
this, if you observe the market for a long enough, you may find out and make big money:but if you focus on risk reward,strategies or patterns, you will be a good trader but not great,you will make a living but never be filthy rich.
i just wanted to be able to understand the market and was prepared to do everything i could to achieve that,and keep trying till i did.
decide what you want and work towards that.
do not feel sorry for yourself and come here and tell us that it is not possible to do it:in that case just find something else to do.

 

Someone backtest NQ 40 tick range bars, 4ema, 9ema auto cross, always in the market
Last 10 days looked good
I got a lot to learn, think script and automation etc

 

ten days.....
you have to live a lot longer than that
but if it is good if you think it is good go for it

 

%%
That maybe why so many in media like/promote DOW/30 stocks, rather than SPY/S&P 500; easier to beat. , LOL-LOL

 

if make money is that easy, how many thousands of robots would be doing this already?

 

It is and Robots do or at least some do.

 

Problem (chasing trends) with always being in the market, more likely to suffer the never ending losing streak. Money management and account size problem.