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out 1854....10 pointer!! PL = 10*10*50 = 5,000 USD Account Equity = 96,925 + 5,000 = 101,925 USD!!!! :) :) :) :)

Short 10 ES at 1864

flat out at 1859 for profits = 5*6*50 = 1,500 USD Account Equity = 95,425 + 1,500 = 96,925 USD

Thread Topic: Is day trading worth it? My Reply: Yes, very very much, if you can crack it. Most people can't. If successful, can definitely make 500k a year, as evident from top day traders at day trading firms. Success rate probably 1 in 200 or 400. Took me 4 years and losing >70k before I...

Short 5 ES at 1865

out at 1853 for 11 point = 11*10*50 = 5,500 USD Account Equity = 89,925 + 5,500 = 95,425 USD

one more try long 10 ES at 1842

out 1839 for a loss of 5*8*50 = 2,000 USD Account Equity = 91,925 - 2,000 = 89,925 USD

Long 8 ES at 1844

flat out at 1879. Profits = 14*7*50 = 4,900 USD Account Equity = 87,025 + 4,900 = 91,925 USD

Long 7 ES at 1865

Hi, I have started thinking of taking this live, I will probably plot the equity curve and drawdown for this journal and once I feel convinced that the right time has come, I finally decide.

I have closed all 15 at 1850 for a PL = 15*3*50 = 2,250 USD Account Equity = 84,775 + 2,250 = 87,025 USD

Yes, I do agree. Thanks for encouragement!!

New Trade : Long 15 ES at 1847 Target 5 at 1850, 5 at 1853, 5 at 1856

Closed all these 10 shorts at 1847. PL on 4 shorts from 1858 = (1858-1847)*50*4 = 44*50 = 2,200 USD PL on 6 shorts from 1871 = (1871-1847)*50*6 = 24*300 = 7,200 USD Earlier closed PL = 5,000 USD Total PL = 2,200 + 7,200 + 5,000 = 14,400 USD Account Equity = 70,375 + 14,400 = 84,775 USD New...

Adding 6 more short at 1871, already have 4 short from 1858. So, 10 open shorts now. Have already booked PL of 5000 USD in this trade.

thanks, i see this is what you meant.

Stan, first congratulations for doing this :) What do you mean by "MultiCharts is able to subscribe and unsubscribe with its new scanner, so you wouldn't need quote boosters." Can you expand on above please. Thanks.

Covered 10 at 1845 from 1855 for a profit of 50*10*10 = 5000 USD. Have 4 more short from 1858.