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  1. danielc1

    How to avoid stop loss hits ? (100% success rate)

    I do not trade S&P.
  2. danielc1

    How to avoid stop loss hits ? (100% success rate)

    I´m just curious how this bozo is going to reply about his idea for a stop-loss. In my mind trading is all about having a low risk idea. This also mean you either use a tight stop or you make your position so small that it can go to zero. There is no wonder solutions until maybe this OP is going...
  3. danielc1

    How to avoid stop loss hits ? (100% success rate)

    Btw it is a line chart Why don´t you use your own chart for it?
  4. danielc1

    How to avoid stop loss hits ? (100% success rate)

    Btw it is a line chart
  5. danielc1

    How to identify 2% club of succesful traders in ET?

    I believe many 'want to be' traders focus entirely on the wrong things and are not open to working on what would make them successful. And that is ok. My experience of successful trading has nothing to do with systems, indicators, charts, or whatever. It is all imagination, low-risk ideas, and...
  6. danielc1

    How many years to get pro

    It doesn't have to take years.. If you find a mentor or someone you can trust, that has the fruits on the trees, you can do it in 6 months to a year.
  7. danielc1

    Money Management Question

    It is wrongly stated 'compound'. It should be per year average return.
  8. danielc1

    Money Management Question

    I know some of them personally on that list and that is way I asked the question of that he knows anyone that makes 25% consistently a month, year in year out. Even 25% a year for more then 20 years is very rare in this field.
  9. danielc1

    noob questions and how do people get rich trading!?

    1. Traders do not predict. They have an understanding of probability and understand that al though the next trade is random, over a series of trades, you have a predictable outcome 2. Then they use money management to overcome the worst possible outcome in the short term, so they can profit of...
  10. danielc1

    noob questions and how do people get rich trading!?

    The shortest route to richness in trading is working on yourself. Learn how you react on events. And then learning some skills: how do you handle discipline, how do you prioritize information and time, how do you handle money and people. If you are successful in those areas, you will also be...
  11. danielc1

    Money Management Question

    Do you know any money manager that makes 25% consistently a month? Or even per year?
  12. danielc1

    Do you believe in data mining?

    We trade what we believe, so there is no right or wrong in this. For me, it is first the idea that has to make sense. Data is only that, data. At best, it still only represents a fraction of what is really happening with the subject.
  13. danielc1

    Anyone have any experience with TransAct?

    I used them from 2011 until 2017 besides IB, and never had a problem or issue. Got hooked up with them through infinity futures.
  14. danielc1

    Is this over-fitting

    That is only 10 percent of the problem. The biggest problem is that people think the data they are using represents the market. Like a daily chart or any time frame with an open, high, low, close and bid/ask volume represent the market. That is mistake nr 1 in the whole industrie of backtesting...
  15. danielc1

    Is this over-fitting

    I agree completely, You start with an idea that makes sense and then look in the market, in the past if it would make money. But 99% of the people that do backtesting, just look at the data and then try to find a system that would work on that data. That is already over fitting...
  16. danielc1

    Is this over-fitting

    Every backtest is an over-fit.
  17. danielc1

    Is trading a spiritual journey?

    I read once: Mastering the S&P futures gives the same results as sitting 15 years in Tibet as a monk. Either way will give enlightenment...
  18. danielc1

    I'm Up $2560 Today.... Thanks UVXY

    Good! You deserve it.
  19. danielc1

    How much does external stress reduce discretionary trading profits?

    I'm a discretionary trader and in my daily preparation routine there is a question that stops every trade that day: I'm I experiencing stress, excitement, or anxiety in any way? If you do, stop trading, you are not thinking clearly. This is also for hunger or being tired. Also in your numbers 1...
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