you have completed first step
now you need to forward test on paper. If produces similar results then forward test real money
if still produces same results
split your NAV in 10 pieces and risk 10% per trade.
You do not have unlimited time as system will stop working and you be back...
as now these things spreading.... and some people raising voices...
will be interesting to watch what will be the response to tame it down. See if goog/fb/msft & co can really be useful to control masses and justify current prices.
I have stopped short term trading when experienced this type of issues 3 x in a row and this only for 'to be large winner' entries. After this I was in net minus. With these trades balance would be large positive.
Had another couple of identical issues earlier when denied entry to 'to be...
there is bigger problem with day trading and it is called scalability.
I find it funny that daytraders claim 70% win rate yet their bet size remains up to 10 contracts after many years.
I did not mean to offend anyone. Just trying to learn to make good decision. Looking for another broker as these stories from fx & cfd bucket shops haunt me and don't want to be too exposed to them.
1.stopped out at exact swing high to 0.1 pip when loading decent size AUDUSD shorts off 1 min chart at 102.40 for swing trade.
2. missed second sell signal at 102.00 while sleeping.
Enjoyed watching drop to 88-something.
At least will not try again entering number of scalping trades to...
so, if I buy several futures contracts, and keep it for a while, and have luck and goes in my direction, .....
Is pl daily physically settled to my account ?
Not really interested in nightmare scenario when I ask for withdrawal, I get no response which can be case with bucket shops :eek...
so, what is the benefit trading with IB vs proper futures broker ?
IB has contracts in its name therefore no different than bucket shop. But it is cheaper ?
Is this correct or am I missing something ?
here it is, I asked same stuff
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50 Stocks
20 to 30 ETF's
10 FX pairs
Commodities (S&P, Gold, Silver, Oil, Nat Gas, Bonds, Copper, Gasoline, Heating Oil, Brent)
Stock list is expanding gradually.
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impressive !
followed your call from first time you mentioned X.
I saw some of screenshots of your past calls and couple seem to be virtually at low.
You do not wait for market to show strength before entering up day or something similar ?
ACD strength is enough ?