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I would think this should be possible but adjustments will have to be made for sure. When you look at how the market moves, tick for tick, its pretty apparent that HFT firms can and do push the markets in a certain direction. Call it stop runs or whatever, but there can be quite violent moves...

I think that if we look at why most people fail at trading, and then we look at what the difference between swing trading and day trading is, then we can perhaps get closer to an answer. If you are swing trading, and are truly systematic, then you must already have a good handle on stats. You...

Thanks for the clarification. I was only looking at it from the point of view of day trading it, and having OCO orders set, and also making sure to be flat by the end of the day if neither was hit. But certainly, saying that the most you could lose would be incorrect if you haven't closed your...

When I dabbled in this, I found the SPY options more appealing. First of all, they are more liquid I would say. Of course, you can't trade them 24hrs though, so this may be an issue. What I used them for was day trading, simulating the ES, with less leverage, and for this, it worked quite...

Thats interesting actually. I would assume that if price first went in my favor, but came back and I moved my stop to BE too soon, that this trade would more often lead to a profit. If at first the trade goes against me, but comes back, this might be when its best to get out BE. The way...

Since you seem to be very good about collecting stats, I have to wonder if you know how many trades that you close at BE would have actually hit the profit. Here is the example. Suppose you use an 8 tick stop in the ES, and price goes down to -6, but comes back up to allow you a BE exit, so...

Thanks very much for the additional info.

Thanks for the info. Can you please verify if I understand this properly? You say that you have 2 day traders trading your own account, and one account was closed down in Feb of 2016 and the second account is down after 2 months? If you don't mind saying, is this an agreement that you entered...

Exactly right. What we have here at ET these days though is people going on and on about what they think, or how they supposedly do things, and given that everyone is just using an alias, the written words they use carry absolutely no weight. Its far too easy to even say the right things and...

LOL. Ya, I lost it that day. You know, its only because marketsurfer keeps coming back as someone else that I feel so suspicious. Honestly, these days, every new poster at ET has to be heavily scrutinized. I honestly don't know why I even bother coming here anymore. Its only spammers or...

What do you consider to be a big account? Keep in mind that if you want to trade ETFs or stock, you need over 25k for the PTD rule. As far as I'm concerned, trading those has its own problems. Consider a 10k account, so you're looking at futures. Now consider a 2 point stop which equates to...

Ok.. now that I've gotten over my previous rant, I feel like contributing again. Reading anything here at ET has very limited value. Its partly because most people on here are losers, or worse, scammers, but also because any little shred of advice shared is only for the way they do things, and...

Dude... you're starting to sound like a fake to be honest. You're asking almost rhetorical questions. Most people who throw money into this do a bit of research so they know something about volume and using stops. You're just going about this so randomly that I cannot even believe any of this...

Exactly. I remember a thread here a while ago where one guy was arguing about how someone, maybe it was even that Tradevocate was saying zero commissions, and yet, he was paying over $3 per round trip. The reply was that those fees go to the exchange and aren't broker profits. So from the...

That's a good point. I'm sure the self driving programs are sucking huge sums, but I do still wonder if they would be profitable without this expense. Mind you, since all they are is an app, even if you add in all the engineers and salaries of customer support, since they don't have to pay for...

Uber manages to get by with high cash expenses, since over 80% of income generated goes to the drivers, and yet they still lost a billion dollars. (these numbers are to the best of my recollection) It seems to me that the only way for them to make it is via the self driving car option. I...

I don't know anything about this, but seeing lots of ads for Tradevoate, which I believe is commissions free after you pay a monthly fee. Keep in mind that this means you'll still probably pay over $3 round trip, since this go to the exchange, but its still better than the $4.08 you're paying...

Yes, exactly right. There is an exchange of capital. You owned the stock and sold it, so you will get the money that someone else paid for it, minus the commissions of course. What does a penny late mean? Suppose the bid/ask spread is one penny, and hence its 10.00/10.01. This means that if...

Forget mobile... you need to be sitting there and focused. Most advice on here will be useless. People might give you bits and pieces, but until you put all the pieces together, you will be losing. Since nobody is going to help enough by giving you many pieces, most of the info given will be...

Its still the same dollar amount though. If you lose 2 ES points, it may be 1% of a 10k account, or only 0.1% of a 100k account, but its still $100 that you lost. Obviously with a bigger account, you have more chances to get it right, but if what gets you down is how much money you lost in a...