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  1. sstheo

    From Micros to Millions: 2% per day

    Good observation. It may be time to lease a seat soon and continue to increase my average ticks per trade as I am able- by letting appropriate trend trades run a bit longer.
  2. sstheo

    From Micros to Millions: 2% per day

    What is my edge... Several times I mentioned a free chat room that I started to help funded traders stay funded. Instead of saying "don't do that" he just banished me for life. When I challenged him on it, he said, he said that I was taking advantage of his "no unpaid advertising" policy and...
  3. sstheo

    From Micros to Millions: 2% per day

    Yep, the "blowing up" part is the part I am overcoming here.
  4. sstheo

    From Micros to Millions: 2% per day

    HAHA. Good one. I have already been told to start writing my book too. I don't want the attention, and I don't like stirring controversy. In fact, I probably shouldn't even be on ET but just do my trading quietly in the corner. I already mentioned that one of my mentors can't believe I am...
  5. sstheo

    From Micros to Millions: 2% per day

    I am indeed a piker (one who only makes small bets). And I know this violates the asymmetrical bet theory that so many here adhere to. But I will be increasing the size of my contracts very soon. And perhaps in the long term I will only make 10 ES points per week and crank up the contracts...
  6. sstheo

    From Micros to Millions: 2% per day

    @jl1575 hopefully I am being transparent enough for you with my daily AMP report.
  7. sstheo

    From Micros to Millions: 2% per day

    @canoe Thanks for taking the time to review and contribute. 1. I should be on the mini's soon. 2. Not sure what to say on the topic of "scalping is futile," except I will try anyway. I have 446 trades in 9 days with an 89.4% win rate. I think I have provided ample evidence here that there...
  8. sstheo

    From Micros to Millions: 2% per day

    My wife still thinks so, that is for sure... (hopefully the expert will emerge soon)
  9. sstheo

    From Micros to Millions: 2% per day

    15 years now, this month. $100k+ lost to the big boys. Top 50 on ZuluTrade. Top 13 of 1400 in CME micro challenge. 6 funded accounts with OneUp and Leeloo in last 2 years. I may still trade like a newbie, but I have been around the block a few times.
  10. sstheo

    From Micros to Millions: 2% per day

    Hopefully you have seen my toe or index finger emerge from behind the curtain my now... I just hope I can turn myself into a real wizard before the dog pulls back the curtain and reveals me to be a fraud. Oh, it's just little ol' me after all.... Seriously. I will do my best. If I...
  11. sstheo

    From Micros to Millions: 2% per day

    @Millionaire I think by now you have seen that I will be adding contracts in a sane fashion of 1 micro per $1000 and 1 mini per $10,000. I will be trading with at least 10 micros or 1 ES at the $10k mark.
  12. sstheo

    From Micros to Millions: 2% per day

    “The desire for constant action irrespective of underlying conditions is responsible for many losses in Wall Street even among the professionals, who feel that they must take home some money every day, as though they were working for regular wages.” @Spooz Top 2 I may have replied before, but...
  13. sstheo

    From Micros to Millions: 2% per day

    Thanks @Scataphagos. Aiming for Alpha Centauri here... the closest know star to home... https://en.wikipedia.org/wiki/Alpha_Centauri
  14. sstheo

    From Micros to Millions: 2% per day

    No question the bots are a formidable foe. But I like to think of myself as trading against Robinhood's band of Merry Men. Yes, I am fighting the other retail traders, for sure. But I know there are still some inefficiencies in the HFT programming. I have much more screen time than most...
  15. sstheo

    From Micros to Millions: 2% per day

    Profit numbers are all NET. AMP has a set volume discount. If I get to 1000 contracts in a month (I could get there), then my Round Trip turn all-in pricing drops from $.78 to $.76, LOL. Next tier is 5000. My current fee average is 21% of profits going to fees at day 9. >>> Final Net...
  16. sstheo

    From Micros to Millions: 2% per day

    "Cloud cookoo land" has been my home for some time. Your math looks correct. And it will be fun once I get to that first ES contract. And I won't stop with one. But $20k looks pretty far away still.
  17. sstheo

    From Micros to Millions: 2% per day

    Indeed, AMP and the CME have already sent me thank you cards for pushing so hard on the micros with everyone I know. The micros on some days are now equal to their mini counterparts in volume! And despite the increased commission ratio, the micros were the most successful product launch in the...
  18. sstheo

    From Micros to Millions: 2% per day

    @MarkBrown Sorry, just me. But I had a journal on FIO before they kicked me off, and two other journals here. So I have had lots of practice... How can I help you? ;)
  19. sstheo

    From Micros to Millions: 2% per day

    Great quote. But I reiterate what I said in my first post-- My daily goal is a great target, but not a requirement. I will not force a trade. I am 0% interested in getting 2% or 3% per day if I have to chase trades or do other things that might put my account in jeopardy. Capital...
  20. sstheo

    From Micros to Millions: 2% per day

    HAHA. The volatility is GREAT indeed. I am trading the MNQ routinely, and it is a crazy ride sometimes. The MES, on the other hand, has very little slippage, and I have made that my mainstay for now, for this very reason. MNQ and MYM used to be all that I traded before the spread widened...
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