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Education in trading indices CFDs

Who's to say you can't use micro time frames to trade a few times in a day, for a limited time a day?

Have a look a Nizar's blog. It's more than enough to turn me off what you have espoused on here for a long time. Selective vision is a wonderful thing.
 
Here tech, You dished out on my method with this comment

https://www.aussiestockforums.com/forums/showpost.php?p=343999&postcount=40

1 day before I turned $1000 into $15,000. Just another day tech.


Tech MR C sits in a room of traders taking these kind of figures daily. That's my point you have no idea what a scalper/intraday trader does or what is achievable. NONE. yet you see fit to dump on it whenever it raises its head. That says a lot about the author :

I know nothing about idiot wave so I don't comment. For me to pass judgement on something I have no idea about would seem arrogant. Wouldn't you say??
 
I know nothing about idiot wave so I don't comment.

I double dog dare you to go on the Elliott W thread and call it that!!

make that triple dog --- hell id go for an octagonal dog on that one!!


pps make that an octagonal HORSE --- that is a BIG statement !!
 
Tech MR C sits in a room of traders taking these kind of figures daily.

ha ha, well we do dream!

Only the huge guys who are really aggressive could do it, but it does get done.

Unfortunately, most Aussie guys, trade Aussie markets as their primary market, not really the liquidity

But could be done on the HSI I reckon in our timeframe.
 
Y do you trade at all then?

Part of my overall investment strategy.

Dont have to be young to be impressed by gymnastics!! Thats a bit unfair on the younungs

True but more prevelent.

doesnt have to be hours unless u want it to be ---- minutes sometimes !!

True again and have done so myself.

that is y i thought you might actually like the concept of short term trading ---setup/enter trade/profit (maybe /out/ back to real job

I trade short term and day trade but not tick by tick.

Here tech, You dished out on my method with this comment

Seriously you call that dishing out.

That's my point you have no idea what a scalper/intraday trader does or what is achievable. NONE. yet you see fit to dump on it whenever it raises its head.

Of course you can achieve good figures. But thats not how I wish to trade.
I personally dont want a scatter chart that looks like yours.
Sure you'll get outlier moves.and turn $1000 to $15,000. Your not the only trader to have these.

I dont want to do 60-80 trades a day for a few $100 as shown in your thread. yeh yeh I know you do it everyday and its $1000s.

https://www.aussiestockforums.com/forums/showthread.php?t=12683&highlight=scalping+system

I'm not "Dumping on your method"
I'm saying its NOT FOR ME. Probably not for many others who dont comment due to the risk of a flaming!
I dont wish to trade this way even if 100s of people are making $1,000,000 a day.
Why---because of the information which you have offered up.
Just as you dont wish to trade the way I do.

Which incidently you have absolutely no idea of.
Yet from what you know its doesnt suit you.
Ok I'm not going to have a hissy. Your not the only trader to turn a profit.
 
Part of my overall investment strategy.

Fair enuff

True but more prevelent.



True again and have done so myself.

Probably true.

Fair enuff.

I trade short term and day trade but not tick by tick.

i dont trade tick by tick either ( not that good yet) but 1 second charts give the clearest picture of cycles for v. short term trading for me at this stage ---- (FX) ------------

sweeping all the crap aside i think the slight strutting of egos as per this thread is actually healthy ---- so lets keep arguing
 
sweeping all the crap aside i think the slight strutting of egos as per this thread is actually healthy ---- so lets keep arguing

ha ha ha.

I don't even know why this all begun. I made a comment about not using VSA on the SPI and tech responded, only to admit he didn't trade it so wouldn't know anyways. ha ha ha.

Maybe his use of VSA would be better than mine.

Quite a funny thread.
 
And we never did find out who can p!ss the furthest.
 

When I first started, I used 1 second line chart. Using 1min candle charts now.
 
Indexes perform quite differently to stocks though I find...

It's just that you don't generally get the runaway extreme directional moves that you do in stocks.

You are better off going against these, whereas in stocks, there isn't as much value in it, you need to be going with it.

In all the crap on this thread this IMLittleHO is the best bit of advice.
 
In all the crap on this thread this IMLittleHO is the best bit of advice.


Have no arguement with both snippets.
You get very good moves in Indexes given the volatility around at the moment.

With the SPI being so thin why not trade other more liquid indexes.
Yes I know Trading time differences can be a problem.
I know you and others trade the HSI,which I'm told is on steriods.
The DAX and the NASDAQ seem popular as do Currency Pairs.

You'll be glad to know I wont be around today--Xmas shopping.
 
Trouble with that Tech, is each index, is a completely different ballgame!

Can take months to years to master just one of them, let alone swapping between them.

Most have a main market, and once they can consistently take money out of that, they will slowly learn to master a new market.

Think TH is upto his 3rd, I still haven't mastered my first, though I think/hope, I'm well on my way
 
Come on. It's not rocket science or brain surgery. You just buy when you think it is going up and sell when you think it is going down.
 
Come on. It's not rocket science or brain surgery. You just buy when you think it is going up and sell when you think it is going down.

Love that Emu Pete !!!

Funny thing is that most people should actually sell when they think its going up and buy when they think its going down ---- and theyd probably be a lot better off but i get your point
 
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