who are we playing against as retail traders?

Discussion in 'Trading' started by mute9003, Dec 1, 2021.

  1. deaddog

    deaddog

    Hello Simp

    The game is to be sold, not told.

    Loose lips, sink ships.

    Sell, do not tell.

    No choosing fee, no free.

    Pimp or simp.

    Tease, do not please.

    Thanks
     
    #111     Dec 8, 2021
    SimpleMeLike likes this.
  2. Hello deaddog,

    You already know Boss Man. Yes sir.

    Now listen up deaddog, why should we as retail traders give a FUCK about what the imaginary pros are doing? They not going to come to ET and help us anwyay.

    NOW, you clearly understand why I am my own best bet to trading successful. And Leob and myself scalp discretionary/guess?

    If we get caught in all these pros and dead money, and this and that, how will ever get profitable?

    you gotta simplify this stuff man and focus on getting paid today, fuck tomorrow. That is why I focus on scalping day to day

    Thanks,
     
    #112     Dec 8, 2021
    deaddog and Leob like this.
  3. Hello deaddog,

    Do not take what I say as offensive deaddog, but just be practical with me. Us retail traders are at a sever disadvantage. We can not keep hoping some "Pro" will help us. We have to get out here get busy and makes bet.
     
    #113     Dec 8, 2021
  4. deaddog

    deaddog

    No offence taken. If you look closely you'll see that some pro's have tried to help you. It's just not the help you think you want at this time.

    Experience talking. Years ago people, books and other traders would give me advice and I just ignored it because I was sure it didn't apply to me. Hopefully it won't take you as long as it took me to figure it out.
     
    #114     Dec 8, 2021
    the dude and SimpleMeLike like this.
  5. Handle123

    Handle123

    I know many post saying no one is taking other side of retail, but it is so easy to do. I developed automated system based on chart patterns, I know where retail going to entry, I watched many YouTube's and listened to free "rooms", system enters early, retail runs it in one direction, let price run so far and exit, if price continues then starts to head back, system joins retrace till either breakeven stops hit or protective stops hit and reverse. There are times when retail gets lucky, market has to give them hope so they keep playing the game.

    Been this way past 4 decades, doubt it going to stop. When retail puts in 10,000 hours, maybe they start learning to not be a SHEEP. Baaaaa
     
    #115     Dec 8, 2021
    smallfil likes this.
  6. Hello deaddog,

    Scalping is exactly what I am doing and nothing else. I just see and experienced things different than you. I have already figured it out. I believe trading is purely gambling and guessing, and I love it. No such thing as Edge, there is no money in seeking edge from a human standpoint ability. Edge is an marketing tool the hustlers use to sell trading stuff. I am doing scalping, and I am not doing nothing else or listening or reading nothing else. That swing trading stuff I tried, but it just do not fit my comfort level or my time schedule or mental belief.

    Everything made sense, when I allocated my personal time towards trading and then stopped, and then go make money in my other career. Trading is a hustle and skillset to make fast money. I do not look at it any other way than a hustle.

    Thanks,
     
    Last edited: Dec 8, 2021
    #116     Dec 8, 2021
  7. smallfil

    smallfil

    You are only competing against the institutions when your trade is "not" aligned with the major trend. That is a guaranteed losing strategy. Much better, align your trades with the major trend. Institutions would be at your back supporting that stock as it rockets higher. Far easier to make monies that way.
     
    #117     Dec 8, 2021
  8. easymon1

    easymon1

    Check it out. Ran across some charts where the players 'talk to you'. Thought of you right off the reel.
    https://elitetradeskills.com/how-do-i-trade-support-and-resistance/
     
    #118     Jul 1, 2022
    Centuria100 likes this.