The obvious can't be obvious. That's why the obvious isn't obvious. The game would cease to exist if the obvious was obvious. Besides that the big guys with the big money do everything in their power to keep things from being obvious. They play hide & seek with their money. The buyers may hide in down bars & the sellers may hide in up bars. The buyers may love bad news & hate good news; sellers may prefer the opposite. The big guys can't get a bargain unless the little guys provide liquidity for them. So the big guys do everything in their power to make sure things are not obvious for the little guys.
XX..there is one main thing that is of vital importance to anyone who is trying to make money trading..and that is..other people can do far more damage than yourself will ever do listening to what others say..taking advice from others..trying to copy what others are doing..etc..etc..can..and is for most..detrimental to their bank account now..of course one can sit down alongside someone who has learned a lot thru experience..and pick up on some aspects of market behavior..but..with my experiences..i have come to the conclusion..that none of it is required..what so ever this is very hard for most to grasp..as they have not yet had adequate experience of losing and winning..many times..but for those who have..they will know exactly what i am talking about so..why bother posting at all then..if it is all rubbish and of no real consequence simple..it is wise to keep in touch with reality and see exactly what is happening each and every day..so..when u trade..and u lose..or win..u know exactly why you have lost or won i know that i can be a little puzzling at times..but..i think it is the best way to help people think for themselves..and..if someone gains an insight to what they must do in order to make some good money trading..then..so be it..and if not..then so be it also..for..it really does not matter..as we are all in it for one reason and one reason only..and that is to make some good money..full stop we can analyze and predict all we want..but if we are not capable of doing what is required..when it is required..then we might as well give our hard earned money to some good charity trading requires 99.99% mental conditioning..the other .01%..well..a child can do it..really..and if u think i joke then THINK again TO
MK..the most important part of the question..is..WHY why do the majority think trading is easy? why do the majority think books & courses will help them win? why do the majority think frequenting forums will help them win? why do the majority risk too much on any one single trade? why do the majority lose? why..why..why?
a wise man learns from the mistakes of others..a fool learns from his own mistakes note..there are of course may different markets to trade..at many different times..so..when choosing a market..it is best to choose wisely..and that requires some research..and some hard work before risking any money no matter what market is chosen..the basic principles remain the same..the market chosen should allow the trader operate to the best of his/her ability..which means no distractions or restrictions..for..it is very easy to lose money if you are not 100% clued into what is actually happening trading is a serious business..so the trader must be serious in order to succeed TO
i thought you might return after one mentioned ur slippery name..and just when things were starting to look up..but then again..we need to see the best of the majority pop up now and again
of course..it is the key to profitable trading u will never know that u have confirmation..as..anything can happen at any time..so..u must learn how to act and react to what is actually happening..then..it does not matter what happens..as u will know what exactly to do..and..when to do it this sounds easy..but of course it is very hard for those who have not yet opened up their mind to the possibilities of simplified thinking..and what it can achieve Watch your thoughts, for they become words. Watch your words, for they become actions. Watch your actions, for they become habits. Watch your habits, for they become character. Watch your character, for it becomes your destiny.
what is "happening now" relative to? if it were second by second then it would be a constant fade/buy that would be impossible with out an auto system. if it is minute to minute there would be 200+ trades per day. if it was 5min candles there would be 100+ trades. not predicting the future makes sense as i have come to the firm conclusion (as my trading account would confirm) that my prediction abilities are not good. i believe that i have no ability to predict the future and also believe that profitable traders do not attempt this. it sounds dumb after years of trying, but it is the truth. so what is the "now" relevant to? if it is a 1hour basis then my "now" would say trade in the direction of the 1hour bar that just close and see how the next 1hour bar reacts to the next s/r level. if it is the daily, then the same applies. the problem is obviously just following the lead of the last bar isnt profitable.