%% Good points; 200dma/ 50 dma\ 777 day moving average better than rage,somtimes , not as much . + Never folloW anyone or anything blindlyLOL Skipping all computer demo accounts, but good idea for brokers; so depends on if one is a broker or not. Paper trade[prefer ink\ pencil may work] ; + paper trade , even today, but never confuse Federal Reserve notes with bit cons. Consider a US history of money, even today; copper, copper coins, silver\ brass \brass blends, copper blends, gold\ steel\ beads\ buckskins [aka bucks] beaVer skins, copper coins the size of half dollars, confederate paper money.......
I bet you did not know this : press the windows key and H and you will get an instantaneous icon microphone that will convert verbal narration into text in this site, in a word document, excel, PowerPoint, credit cards info etc. And it tends to capitalize a lot
Word is pretty dumb. It didn't capitalize the first word. When I used the mic it capitalized 'In" but not "graduate school" so you must have the Romanian version.
%% Exactly; a close second would be indicators we like/ but not very useful or even battle tested as much as should be, like 777day moVing average, some LOL. Also helpful\ do plenty of investments/ much different from trades; also do some business in cash metals , or some sort of private business/cash business much different from trades or investments [Cash here means money market, money orders , wire transfers, + such, checks,[that clear LOL] not credit cards or credit card fees , occasional 30 day accounts about the same as cash. Books help\ i never thought about repairing shoes , until mom mentioned that + Millionaire Mind book noted it. Avoid the worthless lotto=stupid tax on people that cant do math
Most people here are Day Traders particularly of the ES aren't they? So poor Entries, Exits or Risk Management is the obvious answer - lack of good knowledge and experience. "the market has to convince traders that the trend has ended ....for the trend to continue" Can you explain that please Padu. Are you saying that the Big Players are trying to Shakeout the rest before continuing the Trend, or did you make a typing mistake? Thanks.
Hello padutrader, I do not know my friend. I do not know nothing about manually discretionary day trading. I am not being funny at all, but I do not know nothing about manually discretionary day trading. Therefore, I say nothing and have no advice about manually discretionary day trading to anyone. I just know I am inconsistent from making money as a manually discretionary day trading for whatever reason. And if I feel that if I can not prove I am a consistent profit able day trading with tax returns and broker statements to prove it, I should shut up giving other traders other advice or comments.
Hello mason macgregorson, This is problem, although ET members and traders do not want mention it. But the honest reason why traders lose money and not successful because they do not have profitable teachers to teach them. And the teachers teaching are Scammers. And if I feel that if I can not prove I am a consistent profit able day trading with tax returns and broker statements to prove it, I should shut up giving other traders other advice or comments.