Any amount of money made without having an edge is purely variance within a short term sample size of data.
You must have positive expected value to beat the markets in the aggregate.
Your job as a trader is to capitalize on opportunities with edge.
Some markets offer less opportunity and less edge than others.
You must be able to recognize when to press the gas, and when to let off of it.
The faster you accept this as fact, the better.
This is trading.
As a trader, your number one job is to interpret and maximize expected value.
A losing trade is a great trade if it was one with +EV.
A winning trade is a terrible trade if it was one with -EV.
This will determine the trajectory of your career..
Very few understand this.
As an indices trader, if you are not using relative strength & weakness…
You are nerfing yourself.
It’s one of the easiest ways to add edge.
Why would you long NQ this morning, when ES is clearly leading and offering the better trade?