The link you put in your last post was real money. Between August 2022 until when I took my money out of Schwab (I think early December if I remember correctly), I profited $24k on a $69k account. This includes one huge loss of $31k when I thought prices would continue to go down in early...
Yea the point of the forum is trading strategies. It's not called EliteRealEstateDevelopment.
Whether the money I might use to trade came from home building, winning the lottery, owning a convenience store makes no difference to what SHOULD be talked about on here.
That's also not the point of the forum.
It's supposedly about trading strategies, but I think it's more about losers trying to insult people because they don't have the answers.
I closed out for a profit of $1312.50 fake dollars (8.75 points).
Not sure how to improve upon this. I still think the market will continue to go up, but I have to take profits at some point.
It wouldn't.
But if I wanted to refine my approach, perhaps add some algorithms for overnight hours, or use increased leverage (responsibly, hopefully) during day trading, then I can only do that with an advanced platform.
I don't know if it is a winning formula. Even if it's an "okay" formula, there's always room to improve.
The advanced trading platforms offer everything Schwab does and more. There's no benefit to staying there.
And this strategy of just betting the way the market goes works okay until it...
So I said I would just try something (okay, it's still paper trading because I'm not going to put real money into NinjaTrader until I find out which broker I'm going to end up using)... I just bought 3 contracts long because I thought that's what way the market is looking.
A few hours later...
The main reason why the construction stuff is so stressful is that I have to act as my own contractor in order to make any money. So I always have to be responsible to people who are working (make sure materials are on site, etc.) or else the work can't be done.
In the brief time I've had...
Btw, to add to this thread...
I would have no problem using a separate platform for backtesting if there's a reason one platform is preferable for that.
I already travel around the world. I'm on vacation in Belize as we speak.
And that's another reason why trading is an advantage over building. While I can manage building projects remotely (due most to the fact that I always hire the same subcontractors), trading would be much easier to do...
I plan to (mostly) day trade ES futures.
When considering commissions, subscription fees and all other things... Which is the best in your opinion, and why?
I currently have NinjaTrader downloaded but am just paying $4/month for CME data feed and haven't purchased any live trading package yet.