Day trading is the way to go. Day trading is BS. Swing trading is the way to go. volume is useful. volume is useless / BS. end of day trading is best. beginning of day trading is best. Monday is best. Everyday is good. Only trade ES YM NQ during US session. Trade ES YM NQ during any sessions. You can't profit from scalping. You can earn tons of money from scalping. Before entering trade, check for planetary alignment for double / triple confirmation. Before entering trade, don't check for alignment. More indicators the better. Indicators are BS. Must improve trading accuracy to near 100%. Accept 60% trading accuracy. Trade the news - very dangerous. Trade the news - lots of opportunities.
What goes better with fish, red wine or beer? Conflicts are disagreements, either you know how to throw are awesome curve ball in the Majors or you in some crap hole of small town wishing, no different in trading, you either do it or wishing upon a little star and wondering how you areeeeee.
Can be said that the reason that trading is hard is because there are just too many choices.What's positive and helps,what's negative? That's up to you to decide,separate what is true against false. These choices are biggest difficulties,need to spend time to go through them,takes years
In time of trouble, experts said people bought gold ( and sold US$). In time of trouble, experts said people bought US$ ( and sold gold).
They're all right. All of them. The only thing that matters is making money. If you are profitable and your voodoo works, then that's your path. I never discredit anyone's voodoo just because it doesn't work for me.
And yet, there are probably, 1,000 ways to make monies in the stockmarket. If you are one of the few to consistently, make huge amounts of monies in the stockmarket, year after year, congratulations! You have joined a club so many traders aspire to join but, failed to!
They are all right and they are all wrong. In Trading, the goal is not to be right or wrong. The goal is to make money. Period.
First post says it all. The ones who can't win at trading predominantly don't have either the emotional fortitude, discipline to consistently carry out a plan or even ability to recognize an edge by their own reasearch efforts. Then they want to come on this website and vent their negativity. It's as though they think if they admit defeat, someone should all of a sudden cut them a break and divvy up some secret sauce. Ain't no secrets people. Anyone on the strong side of a trend can make long term gains with having no more of a winning chance than 50/50. The "losers' problem" is that he can't tell he's actually in a trend with 50% accuracy. My gawd, any trend on an instrument worth trading (i.e. high volatility) is going to have 2 or 3 bounces near a 20 ema. Trading is TOO HARD (for the overwhelming majority) at high winning pcts. Yet what is the typical personality type of the wannabe successful trader? They expect the "harder they try and/or the more market knowledge they have", the less they will be wrong in their decisions. To a certain degree, yes, but nowhere near what that person expects (even demands). I'd point every "loser" to this thread below. It doesn't get much easier than this. This guy is basically handing you 50-60% accuracy in a trend. The Indian fellow here on ET who claimed to be such a trading knowledge expert wouldn't even consider it, even given that he was self-admittedly not long term profitable in intraday trading. So that's what you're up against you "losers"...your inability to recognize sheet [sic] from shinola. https://www.forexfactory.com/showthread.php?t=583609