There will always be bears and bull traders with different strategies trading on different time frames with different perspectives/goals/targets. That makes markets so dynamic. Its a matter to try to detect these different traders with their different targets.
There is no 100% win and there is no simple way of trading and earning money. It requires serious study/commitment and screen time every day .
Markets can only be traded in probabilities with a good working and rigid followed strategy/money management and above all........a Patient/Consistent/Methodic (almost Robotic) /Proces driven attitude.
I trade the DOW also called YM & MYM/SnP500 also called ES & MES/Nasdaq also called NQ & MNQ/Gold also called GC & MGC for many years now and no jumping into other markets. (Futures only)
I trade on HTF 2 to 4 Hour charts (Trend/flow trading) & LTF 10 to 30 Minute charts (Scalping) & Renko charts (Scalping) with Ichimokou indicator/2 MA lines/VWAPs/Market Profile/Volume Profile/%% levels and Pivot Point levels.
Ichimokou indicator/2 MA lines/VWAPs are used for Swing & Scalp entries. Dynamic price info.
The last four mentioned indicators (Market Profile/Volume Profile/%% levels and Pivot Point levels) are just for SP/RS/Target detection. Statical level information
It looks quite much but all matching very well together in a good workable profitable strategy, and after a few months training all puzzle pieces match perfectly.
To trade Micro Futures you need to have an account of at least $4/5000 in order to trade without fear your account is blown up after a few losing trades. Instead of trading your own money (with fear of losing it) a Prop firm could be a good way to start trading and learn to trade within set rules/conditions. For $20 to $50 you can have already an account.
If you have the illusion to make 50k to 100K profit (within a year) with a $1000 or $2000 account, you are on the wrong track.
Even if you trade with a 50K Prop firm account, you still have to follow their strickt trading rules to show you could maybe become a profiable trader.
I do not provide a trade signal service, however I can provide knowledge and a lot of trading experience in the above mentioned markets.
I believe that every trader needs to be able to make his/her own trade decisions, with the knowledge of and the right (humble) attitude to the markets.
I noticed over the years that only a very few people are ready to invest time (and some money) to learn the basics of markets/trading & money management/charts/ etc. They jump in trading first, blow up their accounts and then start looking for education. (and I speak from experience).
If you do not want to spend a few hundred $$ for some education about charts/settings/strategies, I advice you to watch the many (often useless) You Tube channels and do not bothder me with your questions about trade advice/strategies/settings/brokers/etc.
If you are willing to learn more about trading US indexes, just send me a PM on FOREX or send a mail to stockjoker@hotmail.com
Green points. (I don't trade pips
)
DD
There is no 100% win and there is no simple way of trading and earning money. It requires serious study/commitment and screen time every day .
Markets can only be traded in probabilities with a good working and rigid followed strategy/money management and above all........a Patient/Consistent/Methodic (almost Robotic) /Proces driven attitude.
I trade the DOW also called YM & MYM/SnP500 also called ES & MES/Nasdaq also called NQ & MNQ/Gold also called GC & MGC for many years now and no jumping into other markets. (Futures only)
I trade on HTF 2 to 4 Hour charts (Trend/flow trading) & LTF 10 to 30 Minute charts (Scalping) & Renko charts (Scalping) with Ichimokou indicator/2 MA lines/VWAPs/Market Profile/Volume Profile/%% levels and Pivot Point levels.
Ichimokou indicator/2 MA lines/VWAPs are used for Swing & Scalp entries. Dynamic price info.
The last four mentioned indicators (Market Profile/Volume Profile/%% levels and Pivot Point levels) are just for SP/RS/Target detection. Statical level information
It looks quite much but all matching very well together in a good workable profitable strategy, and after a few months training all puzzle pieces match perfectly.
To trade Micro Futures you need to have an account of at least $4/5000 in order to trade without fear your account is blown up after a few losing trades. Instead of trading your own money (with fear of losing it) a Prop firm could be a good way to start trading and learn to trade within set rules/conditions. For $20 to $50 you can have already an account.
If you have the illusion to make 50k to 100K profit (within a year) with a $1000 or $2000 account, you are on the wrong track.
Even if you trade with a 50K Prop firm account, you still have to follow their strickt trading rules to show you could maybe become a profiable trader.
I do not provide a trade signal service, however I can provide knowledge and a lot of trading experience in the above mentioned markets.
I believe that every trader needs to be able to make his/her own trade decisions, with the knowledge of and the right (humble) attitude to the markets.
Inserted Video
I noticed over the years that only a very few people are ready to invest time (and some money) to learn the basics of markets/trading & money management/charts/ etc. They jump in trading first, blow up their accounts and then start looking for education. (and I speak from experience).
If you do not want to spend a few hundred $$ for some education about charts/settings/strategies, I advice you to watch the many (often useless) You Tube channels and do not bothder me with your questions about trade advice/strategies/settings/brokers/etc.
If you are willing to learn more about trading US indexes, just send me a PM on FOREX or send a mail to stockjoker@hotmail.com
Green points. (I don't trade pips
DD
It's better to be out wishing to be in... than to be in wishing to be out!