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Hello bone, Thank you so much for the response. Regarding sizing plan. I often read or hear, do not risk more than 2% per trade on trading capital. Are you stating , in your opinion, that there is nothing wrong with risking 5 to 10% if it fits the trader temperament.

Hello bone, Can you please explain what you mean by position management? For example, if I enter the market long ES 1350.00 and stop at 1348.00, and profit target at 1354.00 and I am trading one contract. I just enter and sit and wait for my stop or profit target to get hit. How does...

How much does SMB Capital charge per month?

TST let's you keep the first $5000 without splitting it. My plan was to make $5000, and then leave TST. It was never to stay at TST and give them 20% of my profits. There is nothing I can do about the trailing drawdown besides do not break the rule.

What's up jtlexington, TopStepTrader is legit, I have been trying to get funded with them since November 2019 in the $50K combine. I am still in the combine trying and getting better. My reasons for not getting funded is my own fault and mistakes, and definitely not TST. I have failed the...

You have positive expectancy and good trade frequency, so seems everything is good. So you have an edge. Edge = expectancy. How many trades do you have to represent this edge? Hopefully between 100 to 200 trades to remove random and lucky winning streaks. Looks good and you are comfortable...

Thanks for your detailed response sstheo. Your process and details are definetly helping me as a small account trader as well. I am undecided about moving towards the MICROs and I hope reading your comments help me in decision making. I also trade the $2000 account size trading the ES mini on...

Hello sstheo, How has trading the Micros benefited you? What is you risk profile? Some says don't risk more than 1% of trading captial. What is your risk to reward profile? Risk is important indeed, but so is reward per risk, and expectancy.

Thanks for the response. I think you are doing a wonderful job on your trading. And most importantly you have a Plan. Which is something I am working on, by restarting and starting small, limited my trades, and hitting the singles. I like how you are starting with a small account and gives...

Hello sstheo, Considering you always honor a $20 stop/risk per contract and per trade, during times when you market volatileis high, do you use limit order to enter on a pull back or retrace to honor your $20 risk? Or do you just enter with market order and $20 stop regardless of market...

Thank you for the response. 1. So to be clear, you will achieve your 2% goal by increasing contract size as your account grows? Thanks

Hello sstheo, I have a question please. If your goal is to make 2% profit of per day, are you planning to increase profit target per trade or contract size to obtain this 2% per day once the account grows? I am confused on this part.

Thanks for the response speedo, Just to make sure I understand you: If your buy limit order is pending at 3000.00 (ES future contract for example), and price goes to 3002.00, you then pull the order and wait for new signal/setup? Thank you,

Thanks for your response

Thanks for the response Sekiyo, When do you decide to cancel the limit order if price goes in your favor without you in the trade?

Thanks smallfil for response. When do you decide to cancel the order if price goes in your favor without you in the trade?

Hello all, If you are day trader and you use limit orders (or bracket orders with predefined profit targets, stop loss price) to enter a position on pull back or retrace, what is your criteria to cancel or void the trade and wait for another setup? I am asking because I am considering testing...

Hello Sekiyos, I am considering using limit (wait for retrace after signal entry is true) orders to enter trades instead of market orders at close of bar (as soon as signal entry is true). I considering using limit orders to reduce risk per trade and test for atleast R:R=1. Question: Once...

Sekiyo, You NAILED it sir. You come up with whatever idea you want. It means nothing if the idea does not make money over a series of XXX to XXXX amount of trades over a +240 days of trading. All that risk and patterns and this and that and mindset and psychology is bullshit if it doesn't make...

Never invest or trade with money that you can't afford to lose.