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I agree Tradex, I think the issues traders have when thinking about the 1-2% Risk/Money Management Rules, they do not think long term and plan the possible goals. For example, a trader with a $15K account, trading the ES future market, who average loss per trade of $300, limits the trader to 1...

Yes sir Tradex, I respect your comments. I just want to add, that it comes to a point in this trading game/business you have to believe in yourself and your skills and balance this risk and reward. I am starting to believe that confidence/skills/education equal Edge from a discretionary...

Hello Tradex, I only think about the winning side of the making money equation when it comes to trading. I do not care about risk or drawdown, I want to make a lot of money quickly. I don't trade futures for little money. Risking 1% is just not worth my time I have allocated for my trading...

Hello Tradex, I personally think me risking 7 to 10% of my trading capital per trade has better advantages then 1 or 2%.

LMAO HAHAHAHAHAHAHHA that was funny speedo. I know what you mean too. :D:D:D:D I like when you say "ET LOL"

Hello Deep Pockets, Great conversation. Just to make sure I understand your logic. Are you stating, you would take a 8% return per year with lower drawdown (say 2% drawdown) and scale up to say 100 contracts and make alot of money versus... investing in SP500 with about 20% possible...

Hello Deep Pockets, Can you please explain this a bit for my understanding? I was under the impression every trader goal is to beat the SP 500 index year to year, otherwise they can just part their start-up capital in a Vanguard SP500 index and save their time and energy. Maybe I am wrong...

Deep Pockets, Are you can simply skip all the bullshit and ask for track record of trades or broker statements, right? In addition, how will you confirm "the real deal" even beats the SP500 index year to year? You will spend months and months listening to about 500 traders who will send in...

Hello Deep Pockets, How do you plan to validate and prove to yourself those who respond with "they are real deal" trader before you follow them? Thanks,

IMNOTRADER, Please disregard my post back in 2020. I disagree with your comments and my comments. I know nothing.

Ninja Mobile Trader VPS, Only posting real money or sim money daily is helpful. Nothing else matters. Only need to see money being made. Just post PnL. No need to have journal if not posting account balance daily rather sim or real money. Because people will waste time and good energy looking...

Hello Ninja Mobile Trader VPS, Please post your daily PnL for each trade as well. Thank you buddy.

www.google.com I would also say learn a programming language like Python or C, so you can program and test and validate trading ideas for edge(s). This way you risk money with confident probability stats and not take advice from liars and bullshitters.

Bad_Badness, Your initial post is confusing and adds no value. And you gave no examples of chart or entry, stop, and trade management to the newbies. Just talking from the lip. I am not talking down on you, but your thread needs to be simplified if you are addressing newbies. Do not think...

Hello Bad_Badness, If a monkey say buy 5 contracts of ES at 8am on Monday and Sell those 5 contracts at 3 pm on Wednesday, our only job is to validate the monkey trade idea for Edge. If a scientist says buy 5 contract when the differential equation and calculus derivative is accelerated times...

Trading without an Edge.

Hello Bad_Badness, One simple question only. Do you have proof of your trading system(s) having Edge? Yes or No

Hello bone, Question for you. Where these Edges your friends had from price action, trading patterns, or volume profile, or market profile ,etc type edges? Or were the edges more a glitch in the system or bug? Just trying to understand where they get the edge from.

This is good comment you stated. This just the normal behavior of someone who makes money trading. People trade because they want to make money. So they will trade in away that "think" will make them money consistently, with ease just like going to work. Markets are all about pain, it is not...

Risk Management is not part of the Expectancy formula below. Lol, I can risk 0.5% of my trading capital per trade, per the formula below, does not mean I have a trading edge. I will simpler be a good risk manager trading without an proven edge and losing money eventually. To calculate your...