I don't believe this is accurate. There are three components to understand: potential win, potential loss, and probability of either occurring. I can provide you with a 99% win rate strategy that will result in a net loss overall. I would agree that ...

65% win rate

If you have a strategy that is 65% profitable with 1:1 R:R and are making 15%/month, you should just keep doing whatever you're doing and focus on increasing size. Decreased risk (which is the same as increased reward) will always result in reduced ...

65% win rate

I would agree with you and have found some consistency with what may be considered a "less complicated" approach. I studied VSA-style analysis for a long time and came to the conclusion that price action signals (i.e. the bars alone without volume) ...

Intraday Trading the US Index Futures

People trade in all sorts of ways. If moon-cycles were to provide you with consistency in profits, who would I be to say that that is an incorrect way to trade? But to answer the question, yes, I'm sure pro-traders incorporate volume and range ...

Intraday Trading the US Index Futures

Sell climax at y-low (fbo of y-low) + inside bar. image And two trades in NQ. Done for the day. image

Intraday Trading the US Index Futures

If you more carefully understood the 95% statistic you keep quoting, a large majority of that is traders who quit after 1 year. I have not ever met anyone who has become successful in one year, so it would make sense that if you stopped trying after ...

Trading book(s) - please recommend if you can

Over what period of time? What would you consider a successful pattern? There are obviously traders that trade based on technicals (i.e. charts) that are successful so I'm not sure what you are arguing for or against?

Trading book(s) - please recommend if you can

I have not been posting many ES charts because I have been mainly trading the NQ utilizing a different system/ideology. I am still watching both and will take ES trades when they are there, but typically I am hitting my daily goal with NQ prior to a ...

Intraday Trading the US Index Futures

I'm not sure what in my post insinuated that another book was necessary. Yes, those of us who haven't read your book also know this. All drawings are approximations. Yes, I would imagine that's a possibility, although expanding triangles also have ...

The end of the US stock market is nearing

My apologies. On the first post you drew a diamond that was potentially under development. I also didn't understand that this isn't currently your outlook and you were waiting for it. Your thread is title End of US Stock Market is nearing, not "End ...

The end of the US stock market is nearing

Perhaps the break to the upside of the diamond means that it will go up 82% with 80% certainty.

The end of the US stock market is nearing

Trading Plan: Identify the trend: If you need help identifying the trend, there are many ways, although you said you understand HH/HL, so just use those. Once the last HL is broken, the trend is now down, and you would look to trade a pullback ...

5 years and still no strategy

80% certainty of 82% correction is pretty strong conviction. May I ask whether you trade currencies primarily or equity indexes (or both equally)? EDIT: Also, is the diamond pattern still valid in the DJIA? Hasn't it broken to the upside out of your ...

The end of the US stock market is nearing

Internet issues this morning.

Intraday Trading the US Index Futures

Ah okay, got it - thank you -

The end of the US stock market is nearing

Igrok, i've never really studied diamond patterns, but think i see (potentially) one here in NQ. Putting aside macro biases, etc., what is the expected outcome of diamonds? I would see this as an expanding triangle that has now turned into a ...

The end of the US stock market is nearing

I'm not sure if we go to 5,000 on the DJIA, there will be anyone left to buy anything as we would likely be in some sort of apocalyptic, nuclear winter type scenario.

The end of the US stock market is nearing

I too am just stating my opinion, and don't mean to argue (at least not in a hostile way).

The end of the US stock market is nearing

My general take on all this is there is some sort of political motivation to these comments. Again, the apocalypse has been forecast since BCE and yet to materialize. They, and you, may be correct, but on what time horizon? Why now? In 100 CE, those ...

The end of the US stock market is nearing