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Your problem is you NEED to structure a method around having some kind of stop. Forget everything else we've discussed, you may be long the markets and a nuke goes off somewhere (something unpredictable and very market moving). You must ALWAYS have a stop; if mental then you must mkt out of the...

So what are you really saying here.....that you are 90% accurate but still can't make consistent money trading?

You must also be very good at consistently guessing dice rolls too! LOL

You don't have ANY real idea what or how I trade. You're make assumptions all over the place with no real basis other than to suit whatever you want to say next. You claim to "know the market" and this results in a very high hit rate but then say the market is random. Sorry, I don't buy that...

I just realized that your handle is not "TheMagician" because I've never really thought or paid any attention to you until today. No offense, but you're not that important to me. I wish you could say the same about me but clearly that's not the case. You started this thread with me in mind. :p...

I just realized your handle is not "TheMagician". WTF is a Magican?

Me arrogant? You claim to have a hit rate of 90% on average, sometimes 100%! LOL You think I'm arrogant because I don't agree with your "random" comment regarding RTH's.

Can you explain how you have a hit rate of 90% on average (your words) if RTH's are truly random? Definition of Random: "Governed by or involving equal chances for each item."

Scratch? Hardly, but thanks for once again losing your cool. Your emotional makeup always seems to bite you in the ass. Hey, you are the one who started a thread and mentioned me in your OP. Not the other way around. P.S What is a Supa Pupa trader anyways....a trader who eats plenty of fiber. :p

Learn English if you insist on posting on an English speaking site.

Do you realize how impossible your statement is?? If RTH's were truly random all the time, there is NO FRIGGING WAY your "hit rate" would be so high. You're a walking contradiction, you need to realize that.

Thanks for posting!

I've been daytrading for 15 years, but thanks for the warning LOL

So your broker doesn't charge you any commissions? I mean, you're being overly dramatic, these firms need to MAKE MONEY otherwise why be in that business? They make commish and some fees and in return the trader gets leverage and a platform to trade. If that trader is good, then he/she makes...

Dumbass, it's called a business model....is Chipotle a con artist too because it knows people want to eat so it sells them food? Prop firms give you access to more capital and a platform to trade off of. It's a risk to trade, of course, but starting any business is risky and 5k is certainly...

It's a chronic problem most traders face, which is why it's so important to have a stop built into a system. It doesn't have to be ultra tight but it should exist otherwise it's only a matter of time before it's game over for the trader. A ticking time bomb if you will.

And the other 15%? A 50% draw-down? What is the worst case scenario here? Re-post as this may have been overlooked by the OP

Serious question...why do you say things like "obvious bounce into the close" and "it will be a solid winner tomorrow"? PD's are NO GUARANTEE, so I don't understand why you make them :confused:

It's full of hubris and poor trading. You're not missing much :)

And the 15%? A 50% draw-down? What is the worst case scenario here?