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What would Hitler have done with them?

Nice! Get you some of that coronacash

Amen to that, and they sure as fuck don't need halts either. Doesn't seem like true capitalism. Some will fall, some will rise, and new blood always comes in.

It’s no easy task, and takes a lot of diligence and passion. I can only offer you general advice based on what you’ve stated in this thread. Your success will be heavily dependent on the amount of time you can commit to research and and live trading.

What he says in that video is 100% true, but he doesn't actually trade, and if anyone pays for his trading education, they deserve to part with their money for lack of due diligence. https://www.tradingschools.org/reviews/trading-with-rayner-and-rayner-teo/

Yes, that’s exactly the right logic, but it’s only a starting point, and needs some tweaking to make it more adaptive and complete. Determine a definite criteria for the entry signal. To get a handle on the volatility and determine the stop levels, use a percentage of daily ATR, starting with a...

Here is a smaller short-term account, more than doubled since October 2019. I withdrew my initial investment but it's still holding up. Quite neat how IB PortfolioAnalyst calculates time-weighted return (TWR), so deposits and withdrawals don't impact the cumulative return. I actually opened this...

It's up to you to define what constitutes a breakout. You can do this based on a visual cue from a chart or simply using a fixed value. Whatever floats your boat really, but I prefer the latter. You can get cute with that, but once the trade is initiated, the trail stop increments, or horizontal...

Personally, i'd dump the EMA's and just use predefined (symmetrical) horizontal price levels for stop trailing.

Which further validates my research, and live trading record. The chance of gain is much less critical than the amount of gain. A single winning trade can wash out a multitude of past losers. It sounds like common sense, but normal human nature gravitates toward chance. If your goal is to have...

What if low of the day is 1000 points below your entry? Surely you have exceptions I assume

I'm sure he'll chime in, but here is my take on it, and I've done quite a bit of testing in various market environments, all quantitative. In terms of trend following (not scalping), I've yet to find one fixed target method that outperformed no target. I think it's very demoralizing to choke off...

That is correct, but the evolution process doesn't happen in that environment, and most people stay in it too long, hoping they discover something. They need to get out of sim ASAP. It should constantly revolve from there to an objective trading model, which unfortunately the majority still fail...

And where did you ever flip a house with a 1k investment? If only freedom was that free. You truly have no idea what you’re up against, and have a substantial time and money sacrifice ahead of you, before you even get close to any rite of passage in the business of trading. Not trying to...

Nothing will get perfected in a simulator. There are millions of sim traders worldwide spinning their wheels. Also, I think you've grossly underestimated the probability of a retail trader building a winning strategy. I may benefit from your mental services, only because I'm a reclusive hermit...

Not to mention disposable money. I threw 10k at an experiment here and blew it up within weeks https://www.elitetrader.com/et/threads/intraday-trend-following.339997/page-10#post-5026085 I don't give much of a shit, but don't have a wife to explain it too, and have no problem living on a...

Blew up both accounts today. Accidentally cancelled stop orders on a short position and left my station unattended for a couple hours to run errands. Broker auto-liquidated both accounts at $500 balance. The 10k lesson learned? margin for error = zero It is, what it is. Should have spent it...