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  1. W

    So let's assume that a trader has indeed

    Usually 30 points, in rare case it would be 80 points. But most of these two type would be avoid because I have intraday signals that can avoid a big down(or up) day. The problem with my system is, if I lower my leverage, it would be lower my profitability significantly.
  2. W

    So let's assume that a trader has indeed

    I assign $15000 on 1 ES contract. Is that too risky? My intraday system says long ES today and sell at today market close, which will be near day high.
  3. W

    So let's assume that a trader has indeed

    +80% win rate on 1:3 risk-reward. I would say my previous statement is not accurate, because picking tops and bottoms means you buy at absolute low and sell at absolute high , that is impossible. My system can pick the start of a short term trend and exit at the end of a short term trend. If the...
  4. W

    So let's assume that a trader has indeed

    If you offer me some incentive, I can open a thread here in ET making real time calls that pick almost every short term top and bottom on SPX.
  5. W

    So let's assume that a trader has indeed

    Here were my real time calls. https://www.elitetrader.com/et/threads/prove-to-me-that-technical-analysis-works.367351/page-23 https://www.elitetrader.com/et/threads/prove-to-me-that-technical-analysis-works.367351/page-31
  6. W

    So let's assume that a trader has indeed

    Why I need to show you? Tell me a reason. If you pay me some money, I will show you.
  7. W

    So let's assume that a trader has indeed

    His challenge has a drawdown of $4500 and profit target of $9000. Don't be fooled by nominal amount $150000, that amount is meaningless. You lose 4500, your account blows up. Where you get the idea of "upside ceiling" on alpha? That is illogic.
  8. W

    So let's assume that a trader has indeed

    If I have a strategy making 100 times per year, do I still need to work for a fund? If I make 500% a year, I may just pick one wealth person and trade his money. If you think 100 times a year is unrealistic, well, OP is trading a prop firm challenge that needs him to profit 200% in 2 months.
  9. W

    So let's assume that a trader has indeed

    Most retail trader strategies are not scalable.So their successful strategies can not be used to run a fund. On the other hand, if you have a scalable and high profit strategy, you don't need a fund.
  10. W

    So let's assume that a trader has indeed

    He did have track record in his broker account that the broker had been monitoring for several years.
  11. W

    Prove to me that Technical Analysis Works.

    That is what you call a holy grail? That is garbage. That garbage is one thousand miles from a winning system, no to say a holy grail. Out of 10 thousands winning systems, only one can be called a holy grail. My system has nothing in common with any public known TA tools.
  12. W

    Prove to me that Technical Analysis Works.

    It does. The support and resistence level are price analysis, which is TA. No FA can tell you that. And nobody will give you a free holy grail.
  13. W

    Prove to me that Technical Analysis Works.

    I trade ES, not SPX. The reason I use SPX is because overnight price is not valid.Only RTH price counts. So you will need to trade ES which correspond to SPX. SPX 3814 corresponds to ES 3816. But if overnight ES breaks 3816, it doesn't make a break of support. You will need to wait tomorrow...
  14. W

    Prove to me that Technical Analysis Works.

    SPX 3814 is stop.
  15. W

    Prove to me that Technical Analysis Works.

    If you guys check my previous posts in this thread, I have accurately predicted the June market decline. Now I will make another call that will show how TA works. Friday 7/15/2022 is the day equity starts a short term up trend. It was the first day of an up trend. So how you profit ? Long spx...
  16. W

    My frustrating week back with TST

    Also TST 150000 combine has a profit target of 200% , with a monthly charge of $375.I do think there are many traders who can pass in one month. For average trader who can pass, 3 months would be reasonable, so it will be a total of $1125 fee. If you pass you get $4500 funding. I don't see...
  17. W

    My frustrating week back with TST

    TST 150000 combine intraday drawdown is 3000. You trade 10 NQ, it is like trading 1 ES with $200. Calling you gambling is understatement. You are buying lottery.
  18. W

    Much props to E2T

    18% pass rate is not the whole story.You got similar rate at myforexfunds, but myforexfunds charges much less fee. For E2T 150000 challenge, profit target is 200%, how many of those 18% passed traders can pass in one month? I guess average of them would need at least 3 months , so a $525...
  19. W

    Any feedback on APEX TRADER FUNDING?

    You seem to assume prop firms only make money by betting against traders, just like casino bet against gamblers. They don't have to. Prop firms can also make money by following good traders. If they can figure out a system that can filter out who are bad traders and who are good. Then following...
  20. W

    Any feedback on APEX TRADER FUNDING?

    Only 7/10000 of all traders who took challenges reached first profit split. only 3% of all traders who passed challenges reached first profit split. https://myforexfunds.com/myforexfunds-stats-are-back/
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