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  1. W

    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Hi,MACD, I am curious that ,since you got the edge, did you make winning trades based on this edge now? My self simply could not understand what OP says.
  2. W

    Collective2 - Any experience with this as a signal provider?

    I set up a new strategy at C2: https://collective2.com/details/136542922 Swing trading induces futures.
  3. W

    Collective2 - Any experience with this as a signal provider?

    There is not much difference between your account and your subscribers' accounts. That delay only last for a few seconds,the effect is tiny and sometimes it is favorable and sometimes unfavorable. I don't think it can change the whole picture. I did trade at C2 for long time, and never seen...
  4. W

    Collective2 - Any experience with this as a signal provider?

    C2 price prints don't reflect your broker account executions . It reflect executions from your subscribers' accounts. If your subscribers account fills have some delay, then C2 will reflect it. If you don't have subscriber, then your C2 fills only reflect your C2 simulation executions, and are...
  5. W

    Collective2 - Any experience with this as a signal provider?

    C2 was good when it charges $20 for 6 months and split subscription fee with traders as 30% - 70%. Now it charges $20 for one month and split sub fee 50%- 50% with traders. Too expensive if you want to make money on it. But if you want a track record, then go for it.
  6. W

    what can be predicted and what cannot be in the market?

    Because prediction is only part of a story. You can not win without prediction. But prediction alone would not make you winning. It is math expectation that makes you winning. Let's say you have a high probability of 80% on your trades. So for 10 trades you win 8 times and lose 2 times . But...
  7. W

    what can be predicted and what cannot be in the market?

    To predict, you don't need to be 100% accurate. If only 100% accuracy is called a prediction, weather forecasting is not a forecasting, because it is not 100% accurate. Prediction is to get a high probability on the outcome of your action. So your action is based on your assessment of...
  8. W

    Day Trading to Multimillionairedom

    "If he had 25k, then he could do 5 MES. Likewise, a 500k account should have him trading 10 ES." How about a 500M account?
  9. W

    What's Easier - Swing Trading or Day Trading?

    You can not deny the facts: 1. You know very little about daytrading. If you think else, then I would like to ask you a few questions that only daytraders know the answers. 2.You don't have that characteristic that winning traders have. Your posts show it. You don't even understand why that...
  10. W

    What's Easier - Swing Trading or Day Trading?

    Typical comments by someone knowing very little about daytrading. A profitable trader has a characteristic that won't make conclusion on something he is not certain. I didn't see this characteristic in your post.
  11. W

    Trading a family member's personal account, question

    This is true. I once traded for my friend after we both signed that form(power of attorney)and sent it to broker.
  12. W

    Do any prop shops/firms have an edge?

    I heard a lot of stories about traders who gave up hope for consistency, so who retired and wrote books. Jesse Licermore, wrote books only after his bankruptcy.
  13. W

    Do any prop shops/firms have an edge?

    Are there any traders who achieve consistency by reading books?
  14. W

    If you are a day trader with a persistent edge, are you a millionaire yet?

    You can research volume analysis based daytrading strategy. I know many daytraders use this method. And I know it is a high probability and high profit method and many daytraders are successful at it. But I myself don't use it so i don't know the details. Also, if you ever heard prop firms...
  15. W

    If you are a day trader with a persistent edge, are you a millionaire yet?

    i don't think daytraders need to play a contest. I don't think a contest winner represents the best trader in this world.
  16. W

    If you are a day trader with a persistent edge, are you a millionaire yet?

    I just research Mark Minervini and I believe the number 182.6% is for his annual profit. I guess this achievement can beat most scalpers but I am pretty sure it falls far behind other type of daytraders.
  17. W

    If you are a day trader with a persistent edge, are you a millionaire yet?

    Not really. Most people think daytraders are scalpers. A scalper makes small profit on each trade but cost more energy. But there are other kind of daytraders. I have an ES daytrading strategy and a forex daytrading strategy. ES strategy only make 1- 3 trades each day. Forex trades are a few...
  18. W

    If you are a day trader with a persistent edge, are you a millionaire yet?

    You didn't give any indication what is his annual % profit. The fact he beat options & futures traders doesn't prove swing traders are generally make more money than daytraders. One Japanese is taller than a few American doesn't prove Japanese are generally taller than Americans.
  19. W

    is there prop firm to provide capital for experienced traders?

    Check out FMTO. Also check out "prop firms" on this forum. https://www.elitetrader.com/et/forums/prop-firms.15/
  20. W

    If you were given 5x the buying power, would you trade 5x bigger?

    It is wrong to think leverage you use is related to the leverage broker offer to you. leverage is only related to the survival of your capital ,related to your strategy: first you need a winning strategy;then you your leverage is set at a level that guarantees the survival of your capital...
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