I did too, and then the market decided it needed to teach me the lesson of Mrs. Boyd..... The riddle of the obvious I think I have figured out. But I might need a new broker to be able to act in these markets on any timeframe below daily. Never had this problem with tradestation, but even they have free commissions now, so they're probably part of the same pool. Just fundamental investing for me, now.
There's been a few preceding you in this thread... Humbly, if there was a riddle to be solved, I'm sure you would know if you solved it. What problems are you facing with Tradestation?
Tradestation was excellent back in 2012-14 and the 9.0 platform. Now they have free commissions, data, platform like everyone else so they are selling order flow to Citadel, Getco, et. al just like all the discount brokers. Does anyone actually make you pay to trade anymore?
I use ProRealTime. It is connected with IB. It is not free, pay per order. You can produce every timeframe you want. I am sure you can do this after some exercise. I like the possibility to have my orders in the chart. GO
What if....The Obvious only really sussed out what was obvious with regard to the niche market of NYSE Stocks? What if... no other data other than price and time are needed to trade ANY market ? No volume, no indicators bla bla bla. What if... the future targets of price on ANY market are known in advance? (OK, price will have to take the Scenic Tourist route to knock as many off course as possible or it would be too OBVIOUS - but it MUST respect certain boundaries). What if... all price charts LOOK the same because they WORK the same? And the algorithm that controls them ALL is just designed to take advantage of human psychology..fear and greed? What if....all fancy charting programs, 24 hr financial news channels with "Breaking News", TV Stock Gurus, NFP data that flip/flops you out of your trade while seeming to react in a "random" way to the data released..were all just introduced to feed the insatiable appetite of the human mind and convince it to come to the table and put down it's chips? What if... all those years ago, the powers that be decided that they will control the markets...and they didn't for one minute think about committing their billions to some randomly priced casino roulette game? (OK, they have an edge with the 2 green numbers...but NOT the kind of EDGE these guys were thinking about) What if .... there's a chart pattern, that HAS to happen, at all those target turning points, that they just can't hide (regardless of all the fancy coloured indicators they've got you to paint all over and obscure your chart)? Just some Random thoughts Obviously.......or are they? ))))
You're most likely a small fish in a big pond. No offense. I don't think your concerns are legitimate, but I may be wrong?
No..it's not "just gambling"...if that's the way NS viewed it I'd be deeply dismayed ... the rabbit hole is deep.... the path is spiraling and dark....but the path CAN be known