Quote from increasenow:
again...just asked an honest question looking for honest answers...please...this is totally serious!!!
It is all in the wording of your question Señor.
Yes you can take 4 - 12 tics from the ES each and every day, in fact you can take a lot more than that on a per contract basis.
However, you will need to trade several times per day in order to qualify your system. I would suggest a minimum of 8 trades and be absolutely ruthless about any trade that does not move in your anticipated direction.
Never forget that this is only about money (lots of it) and not about tics. They are purely the vehicle.
Never forget that your fees are a small portion of one tic.
And so each and ever tic is sacred.
To lose a tic is not good.
To lose two tics is bad.
Lose three and you will not enter Traders heaven.
Please remember that one mans noise is another mans Ferrari.
When someone tells you that your bars are too fast, remind yourself that the market sets the pace not your decision making.
When you are told that a big account balance is easier to trade than a smaller one then make a mental note to be more careful with your selection of friends.
If you want to trade this way, then firstly you must think this way and only this way.
Be patient and be ruthless.
regards
f9