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Yes... my decision was based on extensive back testing of both hypothetical results and more importantly,, my actual trades... win ratio goes up alot, trade expectancy per trade goes 4X,,, it is all good, and I hope less stress.

My turn to chime in.. there are some very good Youtubers out there... even those are not trying to sell you there program... lately I have been watching alot of Ptrick Weiland, Joseph Jones, and The Duomo Initiative... good stuff especially on the mental game of trading

I have decided that for this week I am not taking trades outside of the first 3 hours and I am sticking to that plan. MY biggest goal currently is to stick to my trading plan NO MATTER WHAT. I have the stats to back this up... my win ratio goes from 39% to 62% when I filter out my trades...

Anyone else suffer from this. I had the best day trading today I have had in a long time, 100 points on NQ trading one contract.. really really good. I decided in my weekend review that my plan this week was to only take trades from 6:30AM - 9:30 am PST time. I have stuck to the plan, but...

I would say that staying calm during trading with real money may not be realistic. But I was one other person mention I play opera and symphony music and find that to be very very helpful while I’m trading.

Everybody calm down and please get back to the original question. The post was meant to discuss the reality that trading is damn hard to pull off. I said honesty would be appreciated. Not bragging about how great your system is so the rest of us can feel like crap.

I’m looking for honest answers. I don’t care what the gurus and system sellers say, trading is hard, really really hard. Also I’m no rookie, 7 years into this with very serious effort and education on trading. Anyone who says different is either brand new or trying to sell you something. I...

Seriously? If it’s so easy to trade your plan, we would all be billionaires. It’s easier said then done .

Thank you for your honesty. I’m in my 7th year right now. Oh wow, I only have 7 more till I’m good at this? Terrific. I know trading is a great career. I am sticking with this until I succeed, no matter what. great

No I do not scalp. I am in trades for an average of less than 30 mins. A few trades per week can go longer like up to even 2 hours. I take about 2 or 3 trades per day. I am with Transact futures. I have never had a data freeze or any isssue in many years with them. I did have issues with IB.

Yup. It seems that at least here on this forum nobody wants to be honest about how hard trading is. It’s probably ego and the fact that most traders are male. I wish more traders would discuss the difficulty of being successful. When I read most comments it’s like traders are either lying...

And it is me! There comes a time when you realize that your technical skills and knowledge is far enough along, But then I wonder why my results are not what they “should“ be? Answer? It’s my challenge to execute what my system and knowledge say to do when it says to do it. This week was...

To all,,, 120 minutes is an exception. My average day trade is 17 minutes. I am in Los Angeles area. Some day I will hope to move to Colorado. I would love to be in less expensive place and a latter time zone.

This is like a whole new level of understanding for me. This week I took 17 trades in 4 days, no trades today cause I was away from computer. And my results were 7 winners and 9 losers. If I only took trades that entered no later than 930 am pst, I take 7 trades and win on 5 with 2 losers...

Yup. Yup. Not sure how to profit in such a market. Vxn sky high readings. Stopped out of many trades. Just frustrating, seems like it should be easier in such crazy moves.

I actually have it sitting on my computer now doing continued back testing. If I only take entries for that first session today. My win ratio actually goes to 71%! It appears that the low win ratio is just not worth the effort on trades that enter after 11:30 am CST. And yes I would have...

I think it is pretty well-documented that there is a low volume zone every day. I trade futures and that that zone is from 11:30 AM Chicago time zone until 1:45 or 2 and then volume picks up for the next hour until close. I decided to take a hard look at my actual real money journaled...

can you link me to your journal please

Anyone having success outside of the regular Chicago hours of 8:30AM - 4:00PM ? I have had mixed results myself.

yes,, my rule as mentioned is to go to BE at =12 points..... I totally agree that my 12 points means nothing to the market..... I guess then If I went by some multiple of ATR that would be a decision based on the current market condition at point of entry