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No offense to him, but his level of skill more than 50% of the time has been a post about his entry and exit, all after the fact. Its just too convenient that he likes to scalp for just a few points when that is all his trade got, and on bigger moves he all of a sudden is scaling in. Perfect...

I certainly don't see how mentioning some stats is giving anything away. We are all just curious about the type of edge you have. If I recall properly, from your last journal, you had really great trades, but it was clear that you went into deep drawdown when price moves against you. Most...

Totally understand and thanks for the reply. I was just curious because when I see quantity filled for example being at 25, I wondered how that comes together. For example, it could be a bunch of contracts averaged in, or perhaps 25 individual trades. Since you say 1 ES or 10 mES, then I...

Any chance of you showing charts with trades on them?

No offense, but it just doesn't add up that you have a system that you sell for $10,000, and at the same time are trading ES, having earned an entire point in total on Friday on a Sim account! I understand the psychology behind other people's money vs. your own money, but if you were any good...

Wow, first time I have ever seen a moderator be so hostile. You have a post a few days ago where you said you tried to pick the top in ES I presume, since it was the ES thread, and you said you got stopped out 2 times. Why on earth are you even trading the ES if you have such a killer system...

I think this is exactly what they want. Trump doesn't want a strong dollar. The only problem is that once it starts to slide, can they get it to stop in the sweet spot? Of course this is far away, but I reckon it will one day get out of control.

Although I generally agree with you, if you focus on the inconsequential things, you might very well miss something extraordinary.

It would be impossible to take advantage of this. Your brokerage account is clearly in your name and the SEC would be all over it. In fact, any large payout like this that appears to be a lottery ticket is I'm sure heavily investigated. If the trader is used to making bets like this then...

Although I agree, there are I think a couple of noteworthy points. First, I think Elon said that by the end of the year, Teslas will be fully autonomous. Of course this has been said before, but if you imagine for just one second that this is true, you could probably put an entire year's worth...

On the one hand, I can understand if Amazon takes business away from countless other places. But from my understanding, the whole warehouse thing and delivering packages is at best still a break even business. Its the AWS that is making the money. And in a way, if lots of other business go...

Ok, that's a fair point. And it can be seen by him completely changing up the tactics for these 2 trades that he shared.

The reason why I mention scaling is because traders are always looking for the perfect entry, with a tight stop. And this is very difficult to achieve. Scaling is more so about building a position, not just averaging into a loser. Look, Sequoia shared this chart to illustrate the trade...

This is exactly right. You can't get 10 or 15 point winners with only risking 3 points over and over again. This is even an excellent trade if you're just winning 50% of them. But don't fool yourself into thinking you can get this right even half the time. What really hurts though is seeing...

Am I reading this right? You went long at 3115 and got stopped at 3100, so you took a 15 point stop? It looks kind of random. Either you need to develop a rational reason for why you go long for a breakout, or short the top where you think it won't breakout. But you also need some solid way...

I like the idea and think it has merit. For every person that says its a bad idea, then just go long at your resistance level, and that will obviously fail enough times as well. In fact, if you came here saying that going long at resistance has caused you to lose money, people would more than...

One thing I never saw you mention was the reason behind the huge loss. Was it just a trade that finally hit the stop, where as none of the other trades do? If this is the case, then no problem. A high win rate with an occasional large stop can still be absolutely profitable if the numbers...

I personally don't see what effect the bid depth has on the market. As Hafez pointed out, the volume is still there. These days, you simply don't need to have resting orders. Once price gets to where you want to buy, bam, your algo will take whatever is there in a micro second. Then you wait...

Looking through your post history, it seems like you have been trying to learn for 6 years. What are they doing differently than you who has been at this for so long?

Best post of the week. I think this summarizes what's been happening since March quite well. Everyone is waiting for the market to drop because of a shitting economy. But if we really consider that inflation will be an actual thing in the future, the market is maybe one of the best places...