Random results?
That has been my experience too. I tend to do lots of small scalps with wins and losses and usually end up breakeven overall. There’s no true edge...
I’d say both. You may call it bet or gamble. It doesn’t make any difference to me.
Haha good question! Human nature is to predict. However, in trading one should listen to the market. Still without predictions we cannot function...
I don’t use any indicators. The logic is if any indicator works consistently like VWAP :) then people will quickly start to use it making it...
This kind of easy trading is not too common, unfortunately. The ability to recognize it while it’s happening is an edge.
50% time trend following and 50% time reversal, if you can tell the difference.
Same WAIT principle for trading: Why Am I Trading? Akways best to let the market show you its intention …… nothing worse than your own wishful...
Day trading accounting is very simple, not different from other types of trading. Wash sales may pose a challenge near the end and beginning of...
Nothing in trading works 100%. It’s an edge to be able to recognize when to use Fib levels, when to modify it and when not to use it at all.
Haha you always have heartburns one way or another. Humans will never escape from their emotions. Otherwise, we cease to be humans. That’s why I...
Well, that’s a tall order. Overcoming human emotions in trading is the hardest part itself. I would venture to say it’s the biggest factor why...
Day high/day low or both are usually reached in the 1-2 hr of the day. Then there are Fibonacci levels, mostly the mathematical middle level of...
I just look at the real time P/L. If the price doesn’t go my way within a few minutes I am out. For me I lose all objectivity once I am in the...
Price movement can be quite random but price levels are not.
Well if you don’t have a defined real edge risk management can be your only edge. As to whether one can make decent profit from that alone it’s...
At least for me my edge, if I believe it, won’t let me lose 5 trades in a row unless it’s caused by some other obvious reasons, such as emotional...
If I lose a few trades conservatively I just stop trading for a good while.
I encountered a similar scam on a Chinese app called WeChat a few years ago.
These kind of online scams are very common in Asia/China/Thailand/Taiwan, etc. I didn’t know some of scammers were good at English. lol I heard...
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