Without even bothering to look up some of your posts, I already know what your words will be like. As mentioned, the nick gives it away. It really is amazing what a simple thing like a name can give away.
It is self explanatory when you have enough experience, as at that stage you will know the difference between "knowing the path, and walking the path". In layman's terms, with no extended names..ha ha ha..the whole financial industry is full of ridiculous and silly things, concocted for one main reason, namely the transfer of money from A to B. Almost everything out there is of no real value for the layman when it comes to making money in the markets, as the broker results demonstrate year in and year out. Why would any person in their right mind delve into the unknown and risk their hard earned money?
Logic says do this, as the path is clear, but the heart says do that, as another path is more enticing. Is that what you mean? Automate seems to be the way forward for those whose heart dominates their actions.
Not really. Logic has nothing to do with it. It is all about understanding. Automation is no different to using Fib Levels or Bollinger Bands, in that they work some of the time. Big players spend millions on developing automated trading strategies, and if they can't crack it then rest assured it can not be cracked. The old saying " beating your head against a wall" comes to mind. It is much easier, both emotionall and monetarily to understand and act accordingly. If you can do this, then you have found the path of least resistance, which will make you more money than you will lose..the essence of successful trading or investing. Simple really, yet so hard for most who try.
Bro, you were writing posts like this 3 months ago...change your nick to wtfamikidding. wtfauoa @Handle123 I have looked at the first hour for stocks, but not for ES. A few questions if you don't mind. Thank you. 1. Why do you think volume is significant on the 1 min chart for ES? 2. What can bollinger bands show that chart patterns can not show? 3. What is so significant about the 60 min chart, say as opposed to the 30 min chart? 4. Why do you average down on trades, as is this not adding to losers to recover losses when wrong instead of adding to winners to maximize gains when correct? 5. Why do you not expect anything, as is it not better to have targets and take the profits when targets are hit. How does this equate to stress?
I am not related to you in any way, and you are not half as clever as you think you are. As mentioned, I know exactly what your posts will be like without even bothering to look.