I am starting to get jealous Steve ha ha. Cannot wait until you go full contract but as I dais before I would even push it past the 10K mark which you'll hit soon.
Wow Steve looks like you're getting offered a trading partnership on a joint account. I actually was offered and took a parternship from a well known guru bases on my live results and calls in a trading a room when I traded full time. We did good for awhile but.......spoiler alert conditions...
@7out interesting perspective on exploiting a potentially depreciating edge. With over ten years full time experience trading can you tell us how often your edges lasted'? How often did you have to recreate them, if ever? If you did recreate them; were they more like a slight modification of a...
You talked about doing a full at 10K but I would wait since 4 percent drawdown on 1 contract could happen in a heartbeat at that level. $400 or 8 ES points, 32 ticks adds up fast.
To be quite honest I think 50K is the realistic number to trade futures for most; otherwise the scared money...
Your base hit strategy combined a with high win rate has been very successful and is far better than my home run strategy. For instance I made 432 on one micro on one trade today s short before the close, sounds amazing right? Guess what though after all the times I get clipped holding for...
Two weeks ago I was able to use 8 tick stops confidently but now I am using 200 easily just to withstand the volatility with a core position.
Steve are you still using 40 tick stops? You have good entries if you can with this huge ranges.
I was so bearish today and still lost money that's how bad the whipsaw was. Ironically if I just held and followed my edge I would have well.
Psychology for discretionary traders is almost everything.
Steve you seem unstoppable at this point I want to invest in your fund if you start one ha ha.
How long is the duration of your average trade? How long do you hold for in min. or seconds? Today I was flashing up and down 20 ticks per second.