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Just to clarify for this amateur, by single name you mean that you're short a single stock that is probably a heavy component of the Nasdaq?

Thanks very much Matt for allowing me to express my views and responding kindly.

If this is the website you are referring to, then this chart says it all. https://www.soaringpelican.com/new-page-1/ I'm sorry but doubling my $1000 from 2010 until now is sub par performance. I don't see why he is trading futures with this kind of performance. I know its too easy to say...

Oppss... totally correct of course. I will leave it as is though in order to highlight my stupidity. Still though, if all you're doing is trading ES, you must be trading lots of contracts to hit this number.

Thanks for the reply, but its too bad you didn't allow these numbers to be shared. If he manages 30M, and 75% is in day trading, this means 22m. He mentioned that he stops if he loses 1% of the account, so he can sometimes lose 2m in one day? He doesn't mention how often this happens of...

How is it that you use only daily data but don't hold overnight? Do you just watch a daily bar as it forms in relation to the other daily bars and then get in somehow?

I finally got a chance to watch the video, and am so disappointed as well. I made some points. 1. follow system, take the trade ----> amateur advice 2. edge, insight of what market may do, probabilities ----> amateur advice 3. large players make an impact, they move market ----> amateur...

Just a guess: IRL= in real life (its the only thing I understand in this discussion... LOL)

Those are decent numbers to work with in terms of stops, but for NQ, the entries do have to be precise. Either you have to catch a little micro range, or you have to have a limit order waiting. If I say to myself, ok, I want to wait for price to come down to this low and see what happens...

What is your standard stop if you have one? With NQ, you pretty much need to make sure that your stop it at least 5 points away because price can whipsaw so much.

Ah, once you start adding in much more complexity, it makes it difficult to make any decisions. For me, the highs at 2843 was simply a test of the previous day high during RTH. Of course, price can easily blow through this, but its nevertheless always a level that is plotted on my chart...

This is all very interesting to me. I like that you're also saying this from the point of view of someone who has done a great deal of work on the algo side since your remark is a very informed point of view from both sides. So the question that remains then is what made you hold through such...

Plotted your trades on the chart to visually see them. What's interesting is that you don't seem to follow any general rules. For example, trade 1 goes against you heavily before it recovers and turns into your biggest winner. Same thing with trade 4, where the risk is much bigger than the...

Actually, this is exactly how a master sleuth would operate. Your first persona looks totally legit, posting from only one IP, not using a VPN, etc. But then when you assume another personality, you make sure to to have zero overlap with your first. Hence you always use a VPN, and make sure...

Do you have a stop or did you hedge this?

What a fucking nut job. She says none are for sale, but if you have a burning desire to own a print, contact her at the address she willingly provides. Narcissistic fucker...

What will tell you that you are ready? Your stats thus far are excellent. You've put on, from the sounds of it, hundreds of trades. This makes it a very statistically significant sample. If going live, your system works as it does in sim, there really isn't much else you need to learn about...

Yes, and it was actually kind of a compliment what I said in that it must have been a truly actual and real live call because it went against you literally within a minute of posting. ( If you're looking for 2790 though, you had plenty of opportunity today at an even better price.

I picked on you a bit here because just as you posted that comment, this happened. Now granted, I have no idea if this was going to be a swing play, but it was still funny to me that just as you posted to get short at 17, it shot up! LOL (and looks like it got as high as 28)

This is very, very, very concerning. I honestly think its time for you to put on some live trades. If you don't, you are only practicing a system that might have no hope of ever running live. Then you will only reinforce behaviors that will not work in a live market. In my experience, when...