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No offense @sstheo , but I have to call it the way I see it, and it sounds to me like you had a bit of a crash in your account. You can talk all you want about how you have less time to post, how your mentor is saying you're distracted, etc., but if you made $500 instead of your typical $100...

If he has to make several attempts, then winrate can't be 50%. Of course you can have several losses in a row, but then you also need several wins in a row where you nail it the first time. If he does have a 50% win rate with something like. 1:5 risk to reward, then he is clearly printing...

Hey Poopy... you have me on ignore so you probably won't see this, but with regards to saying you shorted from 90 and covered at 55, you also had a trade from last week where you shorted at 3346 because you couldn't wait for it to hit 3351 like you wanted. It clearly went against you by quite a...

Thank-you for the kind words. Your plan sounds awesome. I like that you will focus more by just trading two instruments, but I also like that you will keep ES for reference. When I look back at my NQ charts from a few years and see that price turned, I could never figure out why there. Then...

I first started to write a longer reply, but the more I wrote, the more I realized that everything I was saying really detracted from you achieving your goals. I was discussing my take on the hedging, and trying to explain why I think scaling-in is a better strategy. But I stopped because I...

Overnight... going to this same page, I have no trouble loading it. Same URL as yours.

Great reply to PoopyDeek @sstheo . I have to admit that I have my own fair share of skepticism. Not that I don't believe what you're showing, but that it will be difficult to scale to the full contract, and doing multiple contracts. The math is after all the same, and if you can do 75% return...

Better.

I agree, and in a perfect example of capitalism, the bad apples would be allowed to fail. But just how socialism is all fucked up today, so is capitalism. It's actually almost funny because the most successful companies today rely on the government to make rules for their own benefit, and even...

I couldn't agree more with what you said. The trouble with capitalists is that they think their company somehow magically is responsible for every dollar they make and refuse to pay any of this back in taxes. Never mind that the workers they employ first have to become educated, through public...

Some videos I've watched say the Repo crisis in September was because either Deutsche Bank was in trouble, or HSBC. Both of these are interesting collapses to consider as well.

In down markets, there are often violent spikes that go up. In fact, I find its quite difficult to hold trades if you're short because some of the retraces are huge. I looked at some of the big red days before I wrote this post, and I see how many opportunities there are to go long, and also...

I'm won over as well to be honest. But it's not even so much that the bull has legs, its that everything is so distorted, then is nothing left but the market. The way I see it is that everyone has been calling for a drop for very long, and it was all based on either historical principles, or...

Excellent system, and I really do like it. This is because for me personally, price will hit the area, then I wait to see how it reacts, and often it goes in my direction without me, and then I'm stuck chasing. Out of curiosity, did you trade on Monday February 10? Price went straight up...

Totally agree, and yet, this analysis applies to less than 5% of those using this service.

Beautiful example of scaling in, and very gutsy to place the trades even before open. I remember you said though that you take trades on a retracement, but I've already seen you not do this before once, and here again. Does this mean that only sometimes do you wait to see what price does at a...

Its of course very easy to say in hindsight, but the stop should really be above the highest high, so the yellow line I drew. I can't tell you how often I see this myself, where if the stop is at least above the most recent swing point for a short, or below the swing point for a long, then...

Based on the stats you are sharing from your trading, I wouldn't listen to a single episode. We should be listening to what you have to say!

That could be a bad thing. It might mean they don't have enough money to pay more. Most people would like to pay off their debts but they simply can't. If you see a stat that says people are spending more of their income on food, do you assume they are eating better and healthier since the...

Excellent reply, and I see its very well thought out. You are right that if you can identify the times where its trending vs. ranging then you will be totally set. But it really is so much harder now because, as you obviously know, you gotta get the entry right and the strategy right...