trendie
Legendary member
- Messages
- 6,875
- Likes
- 1,433
I am in a state of flux with my trading.
I have a method that has an edge, and makes money. (essentially a pullback to trend, trend-following)
However, there are other methods that appear to be "better", ie, Sup/Res, pin-bars/inside-bars/outside-bars, etc.
If a better system comes along, I am obligated to myself to adopt the best method.
My issue is: why isnt everyone trading inside/outside-bars and pin-bars?
There are news/momentum-traders, like Mr Charts, and I think, Naz. (US stocks, etc)
There are VWAP traders, like leovirgo, and Grey1. (using maths, probabilities, cycle analysis)
There are breakout players like Newtron-Bomb.
I can understand that different styles are like whether you use Oracle or SAP in your business.
But, if pin-bars are more profitable, why doesnt everyone "upgrade" to pin-bars?
This is causing me some angst.
While I am here, Gammerjammer says says dont trade anything under 1-hr, but there are traders quite happily trading 5-mins and 1-mins.
I feel I must listen to better trained and experienced players.
I sometimes feel that I have been simply lucky, even though I have been trading full-time for close on 2-years. There is also the nagging feeling I could have made more money if I had adopted a different method.![Eek! :eek: :eek:](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
Are these the emotions every trader goes through, or is still going through?
EDIT: incredible number of "I" in there. perhaps this should have been added to my "Confidence" thread?
I have a method that has an edge, and makes money. (essentially a pullback to trend, trend-following)
However, there are other methods that appear to be "better", ie, Sup/Res, pin-bars/inside-bars/outside-bars, etc.
If a better system comes along, I am obligated to myself to adopt the best method.
My issue is: why isnt everyone trading inside/outside-bars and pin-bars?
There are news/momentum-traders, like Mr Charts, and I think, Naz. (US stocks, etc)
There are VWAP traders, like leovirgo, and Grey1. (using maths, probabilities, cycle analysis)
There are breakout players like Newtron-Bomb.
I can understand that different styles are like whether you use Oracle or SAP in your business.
But, if pin-bars are more profitable, why doesnt everyone "upgrade" to pin-bars?
This is causing me some angst.
While I am here, Gammerjammer says says dont trade anything under 1-hr, but there are traders quite happily trading 5-mins and 1-mins.
I feel I must listen to better trained and experienced players.
I sometimes feel that I have been simply lucky, even though I have been trading full-time for close on 2-years. There is also the nagging feeling I could have made more money if I had adopted a different method.
Are these the emotions every trader goes through, or is still going through?
EDIT: incredible number of "I" in there. perhaps this should have been added to my "Confidence" thread?