This is a “ take the money and run “ market

Discussion in 'Trading' started by Innervoice, Mar 20, 2023.

  1. rb7

    rb7

    Good point, but the thing is, we never know when the market will switch from choppy to trendy. Days are not all choppy or trendy. A day might be choppy in the morning and trendy in the afternoon. So if you stop after a win in a morning choppy market, you might miss the trendy market in the afternoon.
    I saw many days when the market go from one type to another.
     
    #21     Mar 20, 2023
    Overnight likes this.
  2. virtusa

    virtusa

    You should be able to see that in your system.
    If you drive a car you start in first gear, then second gear and so on.

    First gear in trading is a small timeframe, second gear is a bigger timeframe and so on.
    You should know when to go to the next timeframe and what to do in case of contradiction between two consecutive timeframes.
    So you start and will see if the market is trending or not depending on which timeframes you got to. The advantage is that you always have a good entry and you will see while in a position if the market is choppy or not.
     
    #22     Mar 20, 2023
  3. s trader

    s trader

    Take the money and run today to give back unother day but at least one can feel good at the moment.
     
    #23     Mar 20, 2023
    rb7 and Laissez Faire like this.
  4. destriero

    destriero


    bot thread.
     
    #24     Mar 20, 2023
    hipster ned likes this.
  5. Overnight

    Overnight

    We know IV is not a bot, because no bot would bother making so many "inner city thug" posts. There's no point for a bot to do that.
     
    #25     Mar 20, 2023
  6. Innervoice

    Innervoice

    Give me an effin break.
     
    #26     Mar 20, 2023
  7. Overnight

    Overnight

    *Sings*

    Gimme a BREAK!
    GiM-MIE a break!
    Gimmie a break of that Kit-Kat bar!

    --------------

    It's a trading thread, so cannot post the commercial, even though it is relevant. How was my singing?
     
    #27     Mar 20, 2023
    ElCubano and NCC1701 like this.
  8. destriero

    destriero


    You made 40 cents on NRG and lost $3 on sht elsewhere. You're trying to reconcile failure bc a win is a win? It'd be comical if it wasn't so transparent. Apply yourself, FFS!
     
    #28     Mar 20, 2023
    KCalhoun likes this.
  9. Hello Nobert

    I simply

    1. Dollar Cost Average SP 500 Index forever.
    2. Take money from the ES EVERYDAY
     
    #29     Mar 20, 2023
    Nobert likes this.
  10. maxinger

    maxinger



    [​IMG]
     
    #30     Mar 20, 2023