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Here's the last trade I took today.

Today's PnL. 1st trade had only 1 contract. 2nd and 3rd had 9. Net $312.60 today. $4,941.40 for the week. Account size is just under $50,000. And there was just a thread on the main forum about how it's "impossible" to make $300-400 per day with a $50,000 account

I don't even know what that is, so no. Three trades today: two winners, one loser. Here's a chart of the loser. I was stopped out by one tick and then price retraced back up to the 0% line. It would've been a winner!!!!

and done for the day. Will post charts and PnL later.

Just had the biggest losing trade of this week so far :eek: Will post PnL later. Not done trading, just updating/venting.

Sure you can. It's not super far away from 50%, but it's still below it. (Remember however that I said this is a modification of another method that I changed just to use fib numbers (because fibs are super magical nature harmonic numbers and price is attracted to them based on the power of...

Here we go... Wrong. By definition of this entry system, the biggest possible win for any given trade (9 contracts) will be MORE than the biggest possible loss (9 contracts). Why? Because the way I average in right now causes the average price to be below the 50% retracement. If I...

I'm gonna delete this thread right away edit - alright, maybe i'm not going to delete it. It wn't let me. Mods can help? btw, i was testing to see if you could make a poll where the user can select multiple options (checkboxes instead of radio buttons), but it doesn't seem to let you...

If you could predict "how far a market will go within a given time frame" you could make a ton of money with options.

THANK YOU. Finally someone understands.

8 trades today. 9 contracts on the 1st (win) 1 on the 2nd (win) 1 on the 3rd (win) 9 on the 4th (loss) 1 on the 5th (win) 1 on the 6th (win) 4 on the 7th (win) 9 on the 8th (win) PnL is attached.

and out for a loss.

May be about to have my first losing trade this week :eek: Basically if the ES hits 1145.75 before it hits 1148 I'm gonna lose this one. I'm in 9 contracts deep now. edit - not sure why the order arrows aren't showing on this pic. Sometimes OEC turns them off and I have to go into...

Fractions of pennies on millions of shares = a comfortable living

Link to where Jurik is selling your indicator?

Day trading = closing out all your positions before the market closes that day. If you hold overnight, it's not day trading. Swing trading is usually considered a few days to a few weeks holding time, as opposed to long term "investing" or whatever.

Technically speaking here you're avoiding his question about if anyone successfully uses your method by using the redirection method. 20angrygurus asked: Does anyone use the Proflogic method succesfully? You replied: How about someone that has made money investing with Davey boy here...

The reason I quoted you is because you said it wasn't relevant, but it is relavent. Why is it hard to believe that I don't remember something from a thread that I lost interst in a year ago? I barely remember what I did yesterday.

Whoa tough guy, I never mentioned you. All I did was lay out some general guidelines for noobs to keep in mind when encountering "gurus" online. Would you say it's a good list, or would you disagree with any of them? I do seem to recall some ambiguity and misdirection in the...

People in this thread don't know what they're talking about. For what it's worth, I have around $50k in my futures account and I make more than $300-400 per day on average. You can follow my journal here. http://www.elitetrader.com/vb/showthread.php?s=&threadid=193086