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"plan your trade and trade your plan" Taxi driver ...

I have a plan to average down in my losers .

Still going on !

As usual vendors and SO salesmen hijacked the thread .

Exactly to scratch a trade is to exit at BE ...

haha a zero tick SL , what could go wrong ?! Nothing , and we are talking about the NQ not shorsterling or Euribor .

One of the main reasons why traders lose is over-leverage , they just want to make a living with a 5K account by having "just a 2 ES points" as a daily target ! lol thats 2000 monthly = 40% return !. Is that sustainable ? no . They don't think bout the downside , drawdowns , consecutive losses...

Rofl , sweet kid isnt he .

No it is irrelevant , you have a trading plan or not you are over leveraged .

He said emini , so it doesn't make a difference whether he meant NQ or ES , the NQ daily range is bigger and in $ terms it is nearly equal with the ES so we are back at : whole account = 5 Daily ATR .

Rofl . Its over leveraging when the Vix is at 13.5 - low - , and your whole account is just = 5 Daily ATR ! If thats not over leveraging then what it is ?!

Trading 1 ES contract with a 6K account , that's over leveraging . Wasn't that the whole idea ?

Rofl , sweet kids you gotta love them .

Whats the "mean reverting auction" has to do with our topic - money management - ? Yes you can make money trading but whether you understand how to trade an auction market or not as you put it you shouldn't over leverage your account = Trading101 . I am surprised that an old member is even...

"The best entry would have given him easily 40 points, maybe he hesitated on his entry, but he could have gotten at least 30 points, " :confused: Thats $600 = +10% of his account just in one trade ! Its all in your imagination and on your calculator , it doesn't work that way in real life ...

How you blame us when he says : "My capital is $6K (and I would not go on margin)."

rofl , i always buy at the bid and sell at the ask so my SL is 0+commission , however i do have scratch trades !

LOL @ guys suggesting its ok to trade ES with a 6K account ! This is ridiculous even if you use a 2 tick SL , its irrelevant have you ever heard of over leverage ?! I don't care about the margin lets say it is just 500 and now he has 5500 room = 110 points in the ES ! lol just yesterday we...

Her performance is just based on interviews and hearsay = Not acceptable in our profession . Trading isn't about being up , that's ridiculous , anyone can be up especially in a bull low volatility market , 35% of retail fx traders are up in any given Q , but that's irrelevant and it doesn't...

+1 And what's her max DD , sharpe , how much she risks per trade , win rate , when she closes for a loss ... etc .... etc .