Recent content by thfrtht

Some extremely high net worth individuals place their money with "family offices" that pools money. Even some of them don't do well, just as a decent amount of hedge funds also don't do well that accept lower ones. Just because someone has a lot of money does not mean they are smart or...

I don't quite understand? The markets have been fairly forgiving since April and overall bullish. Any solid strategy based on defined perimeters would of worked fine. The limit down days were rough for a new trader, but those didn't happen in April. The only other issue would be the...

I am sure that's both true and not true. For some people it is noise, but it isn't for everyone. For the most part I tend to trade higher time frames. But if the market is slower I'll move to extremely low time frames. Even a 30 second chart is tradable if you know what you're looking...

I better understand what you're saying now. Thanks for clarifying.

To keep it simple I just mean NQ, ES futures. IE: Just because I change a 5 minute chart to a 5 minute and 1 second chart, isn't going to change the effectiveness of the strategy I am using nor would changing it to a 5 minute and 2 second chart change it. You're just viewing the...

That's all the more reason why intra-day can potentially be more effective... you'll have more setups to take. I understand you've already stated the patterns you've looked into do not work as well or at all on other charts as the Daily. I will take you at your word on that. However, I...

I don't personally trade any of the shooting star, hammer hanging men or etc(I'd be surprised if these are truly better results only on Daily charts, but I don't know for a fact that why I conceded that). While not my main thing I will sometimes trade engulfing bars / patterns, particularly...

Well I am speaking of Stocks/Futures I don't trade forex, so we can't be disagreeing there. Even if candle patterns only work slightly more than they fail, still if you took every single one why would the Daily chart results be inherently better than a time, kase or etc chart that's...

Do they really actually work better? No. Markets are fractal so there's nothing inherently different about a daily chart vs an intra-day chart. It's just the ATR is bigger so you'd generally have bigger targets and bigger stop losses. Do they work better for most people? Most likely...

Just to be clear only interested in people who are seriously interested in trading(stocks or futures). Would prefer someone who trades everyday and/or is looking to make trading a major part of their life. I don't have time nor am interested in deep academic talks, theories or anything of...