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I've only tried it in SIM. Tried again today, also in SIM, and went 5-0. I said I went 10-0 the other day, but I was mistaken. I checked and it was 13-0-1. No algo, all manual entries off a one-minute chart. I don't enter multiple times per minute, either; I wait for setups. You only need a...

If you were only going for one tick, you wouldn't! :)

You talking about your 1-tick experience in another thread piqued my curiosity. So I tried it in SIM yesterday, using a 3-point stop, and went 8-0. Tried again today and went 10-0. Of course, that was SIM and we all know what happens when we move from SIM to real $$. :) You'd have to start with...

I think you could make that 1-tick work if you traded manually off a one minute chart, instead of trying to automate it. Have you tried that in SIM?

I guess it's time to go back to 1-tick trading. :)

For *most* people, that is probably good advice... but there are some people who can make it work.

If you haven't already done so, spend some time digging through @volpri 's journal. https://www.elitetrader.com/et/threads/techniques-for-day-trading-the-es-nq-ym-mes-mnq-and-mym.336259/

Some years ago, Fidelity did a study on their clients to see whose accounts had the best growth rate (I don't recall how many years they looked at). They found the accounts that had the best growth were owned by: 1) People who forgot they had an account with Fidelity, and 2) People who had died...

ASUS ProArt... amen to that.

My understanding of LTA is giving someone else authorization to trade your account, or someone else giving you authorization to trade their account. If that is correct, this appears to address that...

The AMP Futures you are asking about is legit, so ignore Q, he usually doesn't know what he's talking about. And from what I understand, AMP Futures only supports self-directed accounts, but you should ask them for clarification.

And the question wasn't about AMP Trading, either.

Absolutely... three years now...

Yes, I know. We've talked before. I'm the one who told you about berberine.

I'm an old geezer, so my memory could be faulty, but I've had that stuck in my mind all this time.

I'm aware of all that, but that isn't what I'm talking about. Most traders don't have brains that are wired to average-in and martingale, where you have a brain that is wired for and thrives on that type of trading. Your style of trading is simply outside the comfort zone of most traders. And...

I think you are the only one who can trade like that and make it work. If we tried averaging-in and martingale-ing like you do, the market would smile and hand us a shovel. :)

I believe you're on the wrong gap... match the price levels of the next gap.

IMO, if you're scalping, the chart's time frame, or number of trades per day, is irrelevant. And in 1-tick trading, the more you trade, the more likely you are to lose one. So once you've hit your target for the day... stop trading. Who cares about the label?

That's an exaggerated example. :) If you're using a discount broker, on a one-tick target, you should net at least $7.50/contract. On 10 contracts, that's $75 (net) x 4 (trades per day) x 20 (days per month) x 12 (months) is $72,000 (year). So if you're buying your broker rib-eyes, you're...