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Sim trading? ROFL

Didn't quite make it but got within 7 points of doing so.

Is there a benefit to football practice? Tennis practice? Singing practice? If you can answer yes then there are benefits for you to receive from trading practice via a sim or otherwise. However that said trading with real money quickly measures the psychological performance and the skills one...

It may but that is what he asked about. Min capital to make 3000 month and an instrument and strategy for doing so.

Price Action

A trader cannot crush the market. At least not for very long. But a trader might make a living by: 1) getting some solid PA concepts down pat via study..mentoring or otherwise. 2) get some top notch training in psychology as it applies to training..especially the concepts of mindfulness and...

$10,000 Daytrade ES or Nq (Average Net 3 points in ES per day after comm and losses or 8 points in Nq) No overnight. Flat at end of every session. Use PA strategies. PA stop losses. Max 2 contracts per trade. All my opinion.

Mmmm....I try to make money everyday I trade. I am always thinking short-term. I do try to avoid #1 i.e. trading too big for my britches.

Actually it will most likely be above 2525 before the 29th sept. But we will see.

Again context. In such statements he was referring to daytrading via regular brokerage firms of the day (imo). He was not successful doing so. He was greatly successful short term daytrading in the bucket shops. He would be a wiz at it in todays markets. He could not make it work in the normal...

We must consider the context of those statements. I am convinced those statements were a reference to his attempt at daytrading in the brokerage houses. He could not successfully daytrade them because of lagging prices quotes and along with perhaps other reasons. But he COULD daytrade the bucket...

Maybe the markets started having too many doji's and she quit. LOL

Well he was a daytrader too. In the bucket shops. He cleaned house. Just got to be known and they wouldn't do business with him so he had to go the other route. When he couldn't make it using regular brokerages he had to resort back to the daytrading the bucket shops to get up another stake. He...

And his sitting tight that caused him to go broke 4 times was it? Huge amounts pissed away.

These charts show exactly why short-term trading ..i.e.....seconds..minutes..hours is so much more profitable that all that longterm holding BS. A good daytrader would have never got caught in all that those BS drawdowns. He places his trades and stops and if market doesn't go his way in a...

Bye ET

1) overall context bullish as from what i can see to the far left price was in a large trading range and trading at the bottom of that range. 2) wedge bottom just before your short entry. 3) 27 bars back exhaustive climax (big red bear bar) with no bear follow thru bar but instead immediate...

Wow! Does all this come with inspector general GOTCHA's quality control stamp of approval?

Puleeze everyone should refrain from being condescending in any form or fashion. JD just starting discussions maybe as educational for visiting rookies?? Doesn't mean he is a rookie or novice..or sim trader? Do it? I mean look at my posts. Such infantile posts i make but I am having fun and...

Don't forget to add a low win rate like 15% win rate (presented by another poster on another thread). Thats a great team low win rate and lots of losses. Those two components depend on each other and produce success. Should be everyones goal! So we got a pissed off bastard (in his own words) and...