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  1. O

    $1,082 into $13,940 in 15 weeks

    How did you finish the day? Don't give up so fast, you're just trading like most humans - emotions getting the best of you! If you have a proven system and are following it, then you should come out ok. These very narrow periods are difficult on most systems, and most traders. But they...
  2. O

    $1,082 into $13,940 in 15 weeks

    I KNOW IT IS "POSSIBLE", BUT YOU WILL NEED TO ACCELERATE THE GAINS A BIT. BEST OF LUCK (actually I do not believe in luck = when good planning and execution meet opportunity it looks like "luck") Oten
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    Can $850 be turned into $10,000?

    All + 3 targets were hit, no reverse stops were hit during trades. inc (9:14:56): GOOD MORNING inc (9:30:51): BL 84.75 inc (9:34:20): L 4.75, RS 2.00, X 7.75 inc (10:10:02): SL 9.25 inc (10:12:42): C SL inc (10:15:10): A SL 88.75 inc (10:23:18): S 8.75...
  4. O

    Can $850 be turned into $10,000?

    Although the system made +9.00 on the day. My long from 86.25 went into debit for a while and due to the very low asset value the margin clerk at the brokerage closed my position. So I will need to fund this account in January and resume with around $850.00 to give me some margin for...
  5. O

    Can $850 be turned into $10,000?

    I took small profit of 1.25 on 1srt trade - system went to +3.00 target. 2nd trade I took 0.50 profit, system went to +3.00 target ( just being too risk adverse) now long 86.25, reverse stop 84.75, exit 89.25 - but will most likely exit early as still not a lot of room for losses. Now...
  6. O

    Can $850 be turned into $10,000?

    Didn't "confuse it", just didn't look first - thought there was $850 or so but when I looked it was $500 +; one of old traders used the account and I just figured as it was sitting there it would be a good one try. Some of you are just so negative all the time!!
  7. O

    Met my Weekly Goal for the First Time

    First of all, congratulations. I do not set monetary goals. My goal each day is to trade my technique faithfully without allowing my mind to allow me to vary from the proven path. Sorry to say I am not always success. But my % of staying on the path is steadily increasing. Wishing you...
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    Can $850 be turned into $10,000?

    When I saw the thread had been closed I did not trade the "trial" account. I found today that the account only has $580.00 in it and I am not sure it will be tradable Monday. The day margin is $500.00, so I may be permitted to trade it. The margin is low, but commission is high - $10.00+...
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    CAN $850 BE TURNED INTO $10k IN 12 WEEKS?

    This thread had been closed been closed yesterday by the moderator, so I did not trade the account today as planned. I will resume trading on Monday. HAVE A GREAT WEEKEND
  10. O

    CAN $850 BE TURNED INTO $10k IN 12 WEEKS?

    SEE "JOURNALS" FOR POSTS
  11. O

    Can $850 be turned into $10,000?

    WE WILL ALL FIND OUT TOGETHER AS I WILL BEGIN POSTING MY PERSONAL "TEST" ACCOUNT RESULTS (BROKERS STATEMENT) DAILY BEGINNING TOMORROW. MY GOAL IS TO DO SO IN 12 WEEKS OR LESS. cLEARLY BUSTING THE ACCOUNT CAN TAKE ONLY ONE DAY. gROWING IT TAKES A BIT LONGER. PLEASE VOTE - SEE "TRADING"...
  12. O

    How much intraday movement do you need?

    I find my system is subject to very poor performance if the intraday movement is under 7 SP points. I was wondering how many others on this site have similar situations.
  13. O

    15,000 Dow

    I don't have an opinion on reaching 15K, but as a daytrader I'd love to see it. As the number rises, the intraday moves will normally likewise expand as even if the percentage move remains the same. The greater the moves the higher my percentage of winning trade. So I am all for a...
  14. O

    Do you scale out of your trades?

    Recently I have gone to testing the use of "paired" contracts. That is I trade in an equal # and as pairs. My 1ST one in the pair has 3 pt emini target and the 2Nd has a 5 pt target. Once the 3 pt is hit I adjust the stop on the 2ND to break even. I have found this works best in the...
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    Compounding To A Big Winner

    Actually I never looked at that way. I have only observed that statistically the odds of the system having over 4 consecutive winners is about 1 in 200+, and over 5 it goes off the scale. I only experienced about 1.5% net losing days before I started this compounding, since I have...
  16. O

    What's it worth?

    Let me know what you find out - I average over 7 pts daily for nearly 5 yrs. What is a method that does a million plus a year worth??
  17. O

    Technical Analysis vs. Counting

    Once you're fortunate to have found a consistently winning method it is best to avoid any pollution from "new or better" ideas.
  18. O

    worst state of mind for trading?

    Good idea. I also take a short walk, or eat breakfast, use my healthrider, or dance to some lively music until an alert or time frame suggests I look to review my exit or reverse stop.
  19. O

    The URGE to Make More $$$

    What you need is a winning system that you have complete trust in. Then no matter what; starting with gains ort losses, just adhere to the system and put your feelings and thought aside. Just keep reminding yourself, "my system makes money as long as I stay with it. It always wins in the...
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    The Economy Makes Drudgereport

    Seems that way. I'd be surprised if they do not create a new "terrorist" event close to the election - great vote builder!
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