Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

Discussion in 'Journals' started by volpri, Sep 26, 2019.

  1. volpri

    volpri

    Hemos sidos enseñados a suprimir nuestros pensamientos y sentimientos con fin de que hemos convertido en ser esclavos de los mismos. Somos encadenados a nuestros pensamientos y emociones por lo tanto ellos se aprovechan para moldear nuestras vidas a su manera.
     
    #1111     Jun 19, 2021
    MACD likes this.
  2. volpri

    volpri

    We have been taught to suppress our thoughts and feelings which results in us becoming slaves to these thoughts and feelings. We become chained to our thoughts and emotions therefore granting them the right to mold our lives according to their desires. They shape our experiences in life.
     
    Last edited: Jun 19, 2021
    #1112     Jun 19, 2021
    MACD, Sprout and Vtechno like this.
  3. themickey

    themickey

    No noise or randomness in the markets assumes that all humans are logical.
    No noise or randomness in the markets assumes that life lacks noise and randomness.

    The conclusion I jump to is some people must believe markets and life is God ordained and there is no such thing in His plan for such things as noise or randomness. Those same people just flat out disbelieve in randomness because "it's all in the plan". Impossible to argue/reason against this type thinking.

    I'll never change my opinion, markets have lots of noise and randomness.
    The reason they trend as it were (which allows traders to take positions and profit reasonably consistently) is because larger position traders are the smart money who push and co ordinate direction, who know a bargain when presented. Some 'dumb money' are smart enough to recognise smart money and coat-tail which then accentuates trend direction. However dumb money is mostly not smart enough to know when smart money exit, hence price over shoots.
    Price falls back to earth due to lack of smart money participation.
     
    Last edited: Jun 19, 2021
    #1113     Jun 19, 2021
  4. themickey

    themickey

    Nonsense! :)
     
    #1114     Jun 19, 2021
  5. volpri

    volpri

    You are not your thoughts and your emotions. Both are fleeting. They appear and disappear as quickly as they came, but you remain. Nor can you control them for any enduring time. They appear upon your consciousness at will like like clouds upon a clear blue sky only to quickly be replaced by subsequent ones. You cannot stop your mind from creating thoughts. Whether true thoughts or false thoughts but you can mitigate the damage they can do to your trading and other areas of life. You must learn to separate yourself from your thoughts and emotions. They are not you. They appears as clouds and quickly dissipate. Learn to just observe them and not let them encapsulate you and form you into their mold. As traders we need to detach ourselves.
     
    Last edited: Jun 19, 2021
    #1115     Jun 19, 2021
    MACD likes this.
  6. Overnight

    Overnight

    Geez man, sounds like you have been reading Jane Roberts's material.

     
    #1116     Jun 19, 2021
  7. volpri

    volpri

    Then smart money is the reason for the movement. It wasn’t random. There was a move initiated by smart money! Price even if it moves 1 tick was because an institution wanted it to move that one tick. It simply is not noise. What is noise are the thoughts and emotions of our minds.

    You look at it as longer term trends being initiated and sustained by smart money. So it is on a 1 minute chart too! Smart money causes those trends on a 1 minute chart just like they do on a daily…weekly…monthly chart. What is true for the long term trends or movements is also true for the short-term trends and movements. Nothing is random or noise. It is cause and effect. If there is any randomness it is which one of the institutions are causing the price movement and which ones are pushing back. That most of us can never know. However, who wins will become obvious. At all times, on every TF from min…to weekly to monthly, there are bullish and bearish institutions jerking the market… pushing and shoving ….the market around. It is all cause and effect not some sort of predestination. Whatever effect an institution is making on a monthly chart will show up on smaller TF charts. What is harder to see or detect is the effect on monthly charts that institutions such as HFT’s with their millions of daily trades create on those monthly charts.
     
    #1117     Jun 19, 2021
    MACD and billv like this.
  8. volpri

    volpri

    I don’t recall hearing of her? Is her book worth reading?
     
    #1118     Jun 19, 2021
  9. themickey

    themickey

    I 100% disagree.
    And those thought and emotions become the product of the dumb money crowd (and trickster traders) which are the incomprehensible trades.
     
    #1119     Jun 19, 2021
  10. themickey

    themickey

    Smart money too can be trickster traders, they may have reason and logic to what they do in their head, but to the other millions of traders, they are caught by randomness.
     
    #1120     Jun 19, 2021