Why is it harder to make money in 2013?

I was looking back on some old charts back in 2010 when I started developing my trading strategy and still pretty amateurish. And I've found that if I had the knowledge and skill I had today and used it back then I would have make a tons of money. But in 2013 it was much much harder and still the opportunities didn't match up to 2010.

Has the market really changed?

 

What market are u refering to ?

 

ES/YM

 

The market is the way it always was ... changing continuously.

 

Been trading ES since 2008, and the markets change every year. That's why it's importent to have a system based off price action Bc that edge will never go away.

Sure 2010 had more gap ups and downs of 100-300. And 2013 had a lot more trend days

 

1) Volatility is lower and trends are choppier.
2) You still could have been blown out by the Flash Crash. :eek:
3) You're overestimating your ability and system.
4) You're being "hurt" by infinite variance?

 

Volatility, on average, was much higher in 2010 than 2013, at least in the SPY and ES

 

Have to adapt to the markets. There were a lot of big movers in small cap and microcap stocks.

 

woulda.. coulda...shoulda

Hindsight is such a bitch

RN