1% a day and MM

Now doing too much. WIll be looking to nail goal and nothing more on next trade. Missing trades trying to get this done, which is foolish.
 
Net= 401.1. That was most trading i've done in awhile and my fingers still aren't quite free enough to be moving this fast.
 
I'm going to take what I hope is only a couple of days off. As well as this has gone, my daily trading is in the dumps. I haven't taken many trades because of my arm in the last 1-1 1/2 months and I hope that its just a matter of getting in the swing again. Any way I hope to be back to this sooner than later.
 
Thank you , get better and hope to see you soon doing Bonds or Notes trading . You were nailing it pretty good. IMO you should specialize in interest rates .
hombre
 
I have managed to go from profitable trader to crash and burn disaster. No reason to post other than throw out the potential to blow for real to anyone who thinks its easy, or wants to toss the current occupation and trade for a living. Back to the working world here. Hopefully I can get a job other than Walmart, but I'll take anything now. Maybe back, but gonna have to begin anew.
Buy, sell,buy, sell..I'll miss that..later
 
Quote from tango29:

I have managed to go from profitable trader to crash and burn disaster. No reason to post other than throw out the potential to blow for real to anyone who thinks its easy, or wants to toss the current occupation and trade for a living. Back to the working world here. Hopefully I can get a job other than Walmart, but I'll take anything now. Maybe back, but gonna have to begin anew.
Buy, sell,buy, sell..I'll miss that..later
More...

maybe you could tell us what you think your downfall was as an education to others.
 
I quit trading by the plan and took a few(not just 1 or 2) knock out blows and didn't get the message. I started taking trades into news releases with size figuring if I got hit once the next one would more than make up for it. HAHAHA! I think I have learned my lesson; don't we all, but I have restarted with minimal capital and have stuck to it for a whole 2 weeks now. (Meant in a sarcastic way) I had thought of becoming a snake oiler and selling signals to make the cash back, but I think I'll stick with giving myself a coronary instead of having people emailing, calling, snail mailing me death threats. I hope to get to the point where I want to try the original experiment, that'll be enough for me.
 
Quote from tango29:

I'm going to try something different. I am going to have an extra account where I start with $15000 and see if I can grow it at 1% a day. I'm going to stick to round numbers for the most part, as in if I am at 15750 acct size I'll take $150 net as equating close enough to 1% for the day. Then at $16000 I'll bump up to $160, and so on.
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Tango,

I have not read any of the posts following your first one in this thread, however, I hope you have done well. Do you realize that, if you only traded 200 days a year, a 1% return on your trading capital per trading day amounts to about 630% per annum, compounded? Rather optimistic, no?
 
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