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Both F and STX have a BE stop. It is a judgement call on the 15 to 20%...depends on how fast the stock is moving. For the STX trade, if QQQ bounces here I will likely make money on the trade. If we continue to sell off I expect to get stopped out.

To be clear, there is no time constraint to get the 100%. Could be one year...could be 5. Currently my position size for stock trades are just under 15% or equity. Will likely scale up to 25%. Most of the time no leverage will be used, though if things start cranking I would likely keep...

Very likely to be a losing strategy.

For now, yes.

For trading equities, my evolving rules are as follows. 1. Stock has made a big move and begins to consolidate, pulling back to 20 or 50 SMA. 2. Enter on break out of consolidation. 3. Sell half position after a 15 to 20 % move. 4. Trail the second half of the position. 5. Stop goes below the...

Correct (discretionary and algos). A 40% drawdown is possible with the algos, though that would likely require a 2000 or 2008 style bear market. However, the bounce back from the drawdown in those cases was massive. I am willing to take heat on this account as most of my money is tied up in...

Starting a new journal with a goal in mind...doubling my account. My previous journal is here Adventures in Automation. I am continuing to run my mean reversion MES algos which have been running since last year. The new element is momentum based equity trading (style similar to...

The last four posts are from you...polluting the thread with your nonsense.

@KCalhoun has never seen a bull market he did not want to short ;)

If you are going to discretionary trade using charts, I suggest creating a database of screen shots of the chart setups that you are going to trade.

This is a mechanical strategy and needs to be tested via code (algo) which will help you answer your own question. If you are unable to do that don't waste your time or money trading this as you won't be able to handle the drawdowns.

@Concinnity, reach out to @tonyf, he is bored trading at home. Might be a good fit. https://www.elitetrader.com/et/threads/lets-talk-about-loneliness.363926/page-2#post-5515963

Not a strong finish to the year but there were some good lessons learned and ready to crank out some profits in 2022!

And to think my kid has been wasting his time playing Roblox when he could have been funding our family vacations.

It is a holiday week. What else did you expect?

I know there are some new products on the market, though I have not seen any yet be able to replicate the red/green light technology in WizeTrade. The group in the video seems to be having making money AND having fun!

It is one thing to not want to get vaccinated and not doing so...but to gloat on social media about it, especially if you are in a higher risk group...stupid AF.

My suggestion is to tag @Tickblaze in these posts so they can easily see them.

Are you friends with @padutrader by chance?

If you are not entering actual positions, it is by definition not trading and nothing is being bought and sold. I have no beef against these outfits where the end goal is an actual funded account. I am not bitter, just surprised someone would take the time to promote outfits where the company...