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OP, based on the timing of this thread and your recent "14 losses" thread, I'm assuming you experienced your recent positive track record (2 months) using the 5m chart to trade stocks, then hit the heavy loss streak and now contemplating switching time frames. Maybe stick to the 5m if that's...

I think the person was referring to having achieved their general ratio in a $5K account. Now trying to accomplish the same in a $29k account. "About 22% 2.7R winners, 20%partial winners(.5R), and 58% 1R losers. R=$460." With those figures, assuming 100 trades per month $460 * 2.7 * 22 wins =...

2 months / 200 trades. I'm assuming you average 5 trades / day, and you had a rough 2-3 day period? I've had streaks of 7-8 losers in a row. Also had periods where I dropped 5-6, won 1, then dropped another 5-6. My overall win rate over the last several months / several hundred trades hovers...

10 days / 100 posts. What looks to be approximately 20,000 words from CB. Thread with 15,000+ views. Has to be some type of ET record. :strong:

Maximum effort might get you there. Like this guy...

CP, I checked the vid in 2x speed. Made it through the first 2 minutes, then I went to the end to hear what you had to say in summary. Not sure who the target audience is, or your motive for sharing sessions. You state "hopefully you enjoy and learn something" so I assume it's to help newbies...

As of this moment, SPY is priced at $279.40 per share. So I'm assuming you have $13,970 to flip 50 shares of SPY. So let's assume you have $12,500.. ES is $12.50 per tick, and you want to trade 1 contract. With 1 contract you will have 1000 ticks to risk before you lose all your money...

Not looking to drag this out, but OP, please do share your " ‘Thread 1’ people " forum/thread. Would like to see what these successful traders look like.

I've used time-based charts and tick charts. Switched solely to tick charts last year. My personal trade plan / win rate / risk:reward, is about the same whether I'm using time or tick, but I get a lot more signals using tick charts during higher volatility days. For me, more signals is...

Reminds me of "Xela" What's the thread / forum? I want to check it out.

In a few hours, when I shut my trading computer, I'll stop thinking about trading until the next session begins. I'll enjoy the rest of my life, living 100% in each respective moment. I made money swing trading stocks before, but never enjoyed scanning my long stock list looking for setups. I...

Im sure there are 10 hour traders. But this is not my experience. I traded the vast majority of the 251 trading days in 2019. There was not a single day this year I traded for more than 5.5 hours. A typical day, Im sitting at a desk for maybe 2-3 hours, or perhaps laying on the couch with...

The quote comes to mind, "He that rides his hobby gently must always give way to him that rides his hobby hard." I think you're ready to switch from paper to 10k when you have a plan that has defined signals, which you are able to clearly recognize, and a method for recording/tracking your...

Looking over the past 6 months, Some weeks my strategy produced nearly all winners. Some weeks my strategy produced nearly all losers. Most weeks my strategy produced an outcome which resembled longer term results (about a 50% win rate). I used to feel euphoria over a big week, and despondency...

Relate to this. Many books gave me "euphoric" feelings, as I thought what I was reading was the final solution to my poor trading results. The psychology books (Douglas) also gave me feelings of unearned confidence. In-depth "reading" at least a year's worth of charts in my TFs, looking for...

Both work for me. But I prefer index futures. More liquidity, favorable leverage requirements, better tax treatment (US), etc. I don't pay much attention outside of main US market hours, but.. from 0930EST-1600EST... ES and SPY move identical NQ and QQQ move identical The vast majority of...

I've never taken any formal courses. Here's my journey. -Started out buying stocks at random. If the price dropped a ton, I assumed it "has to go back up at some point". Lost money. -Learned that I could "short" and trade in both directions. Lost money. -Learned about candlesticks and...

For me, it's not emotional or mental. For my trading plan, I know exactly how I would've performed over the last several months / several hundred trades, if I had aimed for a profit target of 1:1, 1.5:1, 2:1, etc. I also know exactly how I would've fared using various methods of "scratching"...

I've experienced various stresses in my personal life. I can think of no greater stresses in life than those which come from a struggling or failed relationship. With regards to trading, my reactions to various stresses have been: -to become despondent over an ordinary string of losses (one...

Trading is hard to learn, but what one man can do, another can do.