Why do traders find it difficult to make money?

I have been at this shit for 10 years with both paper and real trading...

Let me tell you something darlings...If you do nor trade for real, you are pointless..

Here's a song for you, which is not for you...



Sim traders do not deserve this, because they do not have real bank accounts.

 

There are always exceptions. One could do sim on some, real money on others.

 

Dude, seriously? Republica is the absolute worst of all grunge groups. Just

Let's stick with something more original, shall we?

 

Reuplica isn't "grunge".

 

Here's a song that represents what the fuck that just went on over the last 5 trading sessoins...

 

Question for you sir:

Did the 4 yr sim results matches your live trades?

I am doing sim to figure out how to quantify my method. It is all subconsciously/gut feel.

 

Great Post @SimpleMeLike -- Thanks!

 

Great Suggestion @SimpleMeLike Hope others will take it !

 

I did not feel well today so I got up late looked at the chart saw it was a bull channel and took 3 back to back trades. One contract trades each time. First, was a 5 point win shorting, second trade a 4 point win long, and 3rd trade a 5 point win long.

In channel trading if a bull channel I will go long in bottom half and exit on moves towards middle. If PBs are deep enough in the bull channel I will short in top half and cover on moves toward middle. In this case PB and up/down moves were deep enough for shorting a bull channel in most anywhere in the upper half to gain at least a min scalp of 1 point and in these cases the gain was 4 and 5 points. If PBs in the bull channel are shallow or up/down moves small I will short only in top 1/4 or higher.

Short entry prices highlighted in red and covering shorts in blue. Long entries highlight in green and exits in orange.

 

See why you grab those profits when you can? Look what happened after my last trade.

This can happen at any time. Institutional pressures will push price out of tops or bottoms at any moment. So what do I do? Well I am flat with 3 winners. So now I wait and see what bulls will do. Usually within 3 to 5 bars price trades back up towards the channel. Then I can look at going long on a long signal bar. Maybe a second long entry by-passing the first entry.

If price continues down and PBs do not reach the bottom of the channel and bear move resumes then I look for a shorting signal and will short and perhaps I may even hold short to a measured move from the bottom of the channel to the pause that same distance extended downward. Whether I hold for the measure move or just grab a quick profit depends on "how" the resumption of the bear move happens i.e. with gusto..grinding..etc