Search results

  1. wrbtrader

    Losing days

    What's the average dollar amount for those 48 losing days per year ?
  2. wrbtrader

    Am I ready to go live?

    Also, simulator phase is useful to learn the software (broker execution platform) regardless if its an experience trader or newbie on the software the first day. Several years back I tried a new trade execution platform (infinity) for curiosity in my search for a backup broker and got killed...
  3. wrbtrader

    Am I ready to go live?

    marketsurfer is still around but just not on ET. He's posting elsewhere about his analysis and trades in bitcoins. You can find him doing such on twitter and other locations via the same username. Thus, he's not even undercover. Simply, I think one day he will return to ET with the hopes you...
  4. wrbtrader

    ES first 30 mins

    Yeah, I believe "risk management" is one of the necessary tools to succeed but I disagree that its the only tool needed. Trading successfully is like a clock...all the components are needed for the clock to work efficiently and properly. Even the smallest pieces are necessary for such to occur...
  5. wrbtrader

    To all thee would-be traders out there....

    JayZ ? He's almost a billionaire and doesn't look like some big highflying Wall Street wizard :D
  6. wrbtrader

    Trading the Nasdaq mini NQ

    Actually, I'm an advocate of "manual backtesting" because it allows the trader to see the chart and notice differences that an computer will not notice to be impacting the results. Yeah, its a pain in the butt, time consuming but worthwhile when done correctly. Hope it works well for you...
  7. wrbtrader

    Trading the Nasdaq mini NQ

    Days ??? You need to backtest several years at the minimum. You mentioned in another post you weren't ready or weren't going to trade Emini ES futures for several months. I think that was early June you stated such. Now you're talking about real money trades or simulator trades and we're...
  8. wrbtrader

    Trading the Nasdaq mini NQ

    It really is simple. Backtest your trade method on both Emini ES futures and Emini NQ futures. Look at all your statistical analysis of those backtests. Do such correctly and you won't need to us words like "seem to work pretty well". Thus, you'll know exactly which one outperforms the other...
  9. wrbtrader

    ES first 30 mins

    Three quick questions... 1) Do you consider risk management an edge ? 2) If you answered YES to the above question...is risk management your only edge ? 3) Do you consider stop/loss management to be risk management just as you would consider "profit target" to be risk management ? :D
  10. wrbtrader

    Lowering high blood pressure

    If you were diagnosed with hypotension by a Doctor...he/she should have prescribed you medicine that would help you retain more water or gave advice you to regularly drink more water along with referring you to a nutritionist that deals with low blood pressure issues. If you...
  11. wrbtrader

    ES first 30 mins

    Be careful...some folks come here and tell others what they can do or what they can not do. They give specific advice about such. In addition, they will try to convince you there's no other way but their own way. :D Later, if you question their advice...they back peddle and say they didn't give...
  12. wrbtrader

    Creating a group of REAL professional traders?

    It should work across multiple markets if the markets are highly correlated. For example, if you're watching 5 highly correlated markets and the setup appears in one of them...almost appearing in the other ones...you should be able to take the trade in any of those highly correlated markets...
  13. wrbtrader

    EMG Brewery and Pizzeria

    Looks like great food to eat. A close friend of mine move back to his home town (city)...São Paulo. He exercised regularly and had a massive stroke within 2 years after from eating like this.
  14. wrbtrader

    ES first 30 mins

    The first 30mins is "very easy" to test to determine if it merits you trading it or sitting on the sidelines. Simply, backtest your trade method for those first 30 mins trading session to determine if you're profitable or not profitable. Seriously, just backtest the past 5 years of the first 30...
  15. wrbtrader

    Mentor

    You're very confusing to me. Back on June 10th 2017 you stated "I will be going live again in the next few months. The last time I was trading in the ES was August 2015". Therefore, I can only assume you're talking about "simulator trading" the Emini ES futures right now considering we're...
  16. wrbtrader

    reverse psychology

    I use to think that "reverse psychology" was only useful on kids...naive kids. For example, eating a highly nutritious sandwich in front of the kids and then saying....hmmm....hmmm...delicious jut to get them to eat the healthy sandwhich instead pizza. Parenting Later, I realized that its...
  17. wrbtrader

    Mentor

    Usually when someone comes to ET forum looking for help...they just start a trade journal @ https://www.elitetrader.com/et/forums/journals.29/ Next, post your trades and thinking behind them for a minimum of one month...then ask a ton of questions. Most reply will be junk but I've see a few...
  18. wrbtrader

    How do you know when successfully backtested strategy will succeed in real trading?

    Backtest -----> Simulator Trading -----> Small Account Real Money Trading -----> Normal Account Real Money Trading Start over again whenver you make changes to your trade method or whenever market conditions changes (markets usually changes several times per year). The latter is one of the...
  19. wrbtrader

    Practicing mindfulness & meditation

    A few years back I was with a women crazy about sex. She sometimes would give me a hummer while trading on her days off from work. If I had a bad trade...she would leave and go on one of her 2 hour bike rides. If I had a good trade, she would stay and finish the hummer. That's was the best...
  20. wrbtrader

    Practicing mindfulness & meditation

    Very interesting. Gotta find something that the person doesn't like doing but that has a small duration to not interfere with trading. Yet, a person with naturally adapt to these types of rewards/consequences. Thus, they'll need to frequently change it ???
Back
Top