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    Day trading profit target

    The statement says daily average goal, not exact daily goal. The daily average goal is $500. There are 22 trading days per month. 22 x $500 =$11,000. He tries to achieve that by having 5 days with >=$2,000 per day. If his system can achieve his goal, then nothing is wrong and no one can...
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    [QUESTION] - Can You Have An Edge With Simple Candlestick Patterns?

    In trending period, an unprofitable trading system experiences its profitable period. Try zoom out to daily chart and backtest on days where price move sideway/ranging.
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    How is retail day trading anything but a gamble?

    Edward Thorp said market is not efficient and we need to figure out the efficiencies that give us edge over the market.
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    I Discovered the Reason I Lose Money Trading.

    Dear OP, What is you definition of swing trading? It seems like your definition is overnight position is swing trading and non-overnight position is intraday trading. For me, any trade you enter during retracement/pullback is swing trading regardless of timeframes or holding period.
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    How is retail day trading anything but a gamble?

    HFT algos provides liquidity because it trades big size per trade and frequently. That is how companies that run HFT algos able to absorb the operation cost (low commission, infrastructure, staff, etc) assuming that they will make profit in the long run.
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    How slow is too slow an internet speed for intraday trading?

    Only if your bandwidth is not congested.
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    Anyone else hit the burnout point with trading?

    Try physical activities that shift your focus from trading during that activities. Jogging will not cut for that. Gym will not cut for that. You may try sports and farming. Farming is the best because you will have alternative income too. How many hours you normally spend for trading per day?
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    I m looking for a mentor

    Thank you for exposing him. The funny think is I had registered as a member of the forum because I wanted to filter out his and another member posts. I had been reading ET silently for around 2 years before becoming a member.
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    Do you use Trailing stops, hard stops or both?

    Both. For trailing, I only use to BE level. Not to let profit run. I am still researching the appropriate condition to use trailing stop to let profit run.
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    Naked chart - What timeframe(s) for intraday trading

    Dear intraday traders who use naked chart, What timeframe(s) you use for intraday trading and what instrument? If you use multiple timeframes, kindly state the purpose of each timeframe. Regards, oshjdf
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    I got a friend

    Instead of looking at psychology as the problem, why not looking at the trading system itself as the problem because it is the one that generates the entry signal and does not stop generate entry signal before end of trading session or in condition that lead to mostly negative trades. Maybe you...
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    Understanding intra spread trading and scalping together

    Dear all, Let's assume I am trading crude oil. June2020 is the most active/liquid contract today. Let's say I sell 1 lot CL June2020. Let's say I have a profitable intra spread trading strategy. Therefore, I also buy 1 lot CL July2020. Besides having profitable intra spread trading strategy, I...
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    6 months TopStep 50K Net Profits

    Nice points. I prefer Earn2trade mini gauntlet over TST because it doesn't have step 2 and weekly loss limit. But now TST has one advantage which is Pro account but it is limited to how fast you pass both step 1 and 2. If you can pass both steps in a month, then TST. Else, mini gauntlet...
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    6 months TopStep 50K Net Profits

    Earn2trade Mini Gauntlet has no step 2 as far as I know.
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    6 months TopStep 50K Net Profits

    May I know why you choose Topsteptrader instead of Earn2trade Mini Gauntlet?
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