Would it not be better to eats beans if you are a bean trader? As an oil futures trader I watch the weekly oil reports and see how the price of gas keeps going up each week as more people are on the roads. But I guess you full time cheese eating traders discovered the magic secret that has eluded me all these years. I remember fixing a person's computer who said he was a day trader and he said he lost money that day. I make money every day. I even make money on the weekend, I can make money whenever I need to make money since I have multiple streams of income. Maybe some of you need to grow the fuck up and learn to make money all the time instead of eating cheese. Good Luck. By the way, best wishes to you in your trading business. https://www.financemagnates.com/forex/analysis/new-study-shows-just-how-unprofitable-day-trading-is/
Multiple Streams of income is overrated, I know it sounds sexy talking about it across social media. All that means is someone has some money invested in the stock market/dividends, in a home rental or two or three, maybe authoring books, creating courses, creating 'side hustles', etc etc. A good/great trader can eclipse all of those incomes in one day. Hone your skill at one thing instead being a jack of all trades. Instead of being obsessed with multiple streams, build and own your own Dam, and have a rush, gush, of water available. Ever since this Pandemic began in 2020...it seems like everyone across social media is talking about trading, finance, personal money management, credit scores, homes -- it's kind of annoying witnessing it across every major social media site. Monkey see, Monkey do.
I understand your point, but you said a good trader can do this. You did not say you can do this. According to statistics if you are able to do this then you are in the top 3 % of all traders in the world. I actually have proof that just on subscriber money alone from C2 (They reported my income to the IRS and I had to pay taxes on it), I made more than all of these Brazilian traders, so if you are another good trader congrats to you. But I don't day trade.
Imagine your self after this meal in a low activity low range in the emini500 market... I think it's hell.
Here's my ES trading tonight no cheese. After I placed the 2nd trades, I went out and did some work so was not even at my computer. Used automated stops and targets. I may eat a little cheese now since I am hungry.
Even ET moderators are against cheese. WTF man. P.S. For what is worth, I am going to tread lightly this week. All time highs and NFP right before the holiday? Mreh.
Just to compare charts, Oracle, here's what mine looks like compared to yours... It is a 7,3 unirenko starting at same time frame on date change.