$200/day/contract trading emin500..is that good?
- Thread starter dojistarz
- Start date
to get closer to reality with my LIMIT orders, I should substract 1 tick in and one tick out.
I need to average $50 in papertrading to equal $25 in real trading and that is NOT including commissions.
Not sure things are going to work out but I 'll give it a try.
I will deal with commissions and losses later.
One thing at a time.
thanks all for suggestions and yes it was not a soft landing from my cloud back to reality.
I need to average $50 in papertrading to equal $25 in real trading and that is NOT including commissions.
Not sure things are going to work out but I 'll give it a try.
I will deal with commissions and losses later.
One thing at a time.
thanks all for suggestions and yes it was not a soft landing from my cloud back to reality.
Doji, I tried too Ensign simulator, and I found it is not realistic at all for scalping.
Try J-trainer instead, from http://www.daytrade4less.com/platforms/index.html
You can apply for free for a couple of weeks without opening an account, and you get live quotes.
It is very realistic, and it could be of help
Try J-trainer instead, from http://www.daytrade4less.com/platforms/index.html
You can apply for free for a couple of weeks without opening an account, and you get live quotes.
It is very realistic, and it could be of help
so my first attempt was not a successful one.
ratio:78% winners
18 winners $850
5 losers -$300
total $550
If I consider the slippage(1 tick in/out)
so that is 23 trades x -$25= -$575
Slippage is substracted from profits
$550 - $575= -$25
Total loss of $25 and that is not even including commissions.
I've got to work harder I guess!
ratio:78% winners
18 winners $850
5 losers -$300
total $550
If I consider the slippage(1 tick in/out)
so that is 23 trades x -$25= -$575
Slippage is substracted from profits
$550 - $575= -$25
Total loss of $25 and that is not even including commissions.
I've got to work harder I guess!
Good for you Doji.......atta boy
Michael B.
Michael B.
Quote from dojistarz:
so my first attempt was not a successful one.
18 winners $850
5 losers -$300
total $550
If I consider the slippage(1 tick in/out)
so that is 23 trades x -$25= -$575
Slippage is substracted from profits
$550 - $575= -$25
Total loss of $25 and that is not even including commissions.
I've got to work harder I guess!
replies to all:
electron: the indicator and parameters are in one of the post.
pspr: thanks for sugggestion
SethArb:yes traded stocks, futures, and options on futures, and one summer trying to daytrade soybeans(ended up even after 3 months). thanks for tip
Mr Subliminal: I dream about Pamela Anderson not Sophia... and for your laast comment"this sort of blatant queue jumping.", would you please reformulate, english not my first language and not sure about signification...
fan27: thanks for tip
sammybea: any system can be applies many different ways, especially the one I propose. And for charts I have no idea how to post them.
ElectricSavant:very positive feedback, thanks. The world need more people like you
momotrdr: excellent advice much appreciated thanks
RAY: another construtive comment to help me see clearer, thanks
kicking:I do not agree with you but respectfuly accept your view, and maybe I'll will prove you're right!
harrytrader: the real thing is much harder to acheive than the simulation, suggestion on top of your comment would be appreciated.
ig0r: 3 min charts, not using tick charts yet and don't know what I am missing thanks for tips.
syd697: ECO= ergodic candlestick oscillator. click here and read # 7-11-12 http://www.fibonaccitrader.com/journal_issue1/freejournal.htm
axehawk
apertrading is better than losing money in the market.
If you can't make it with the simulator, you'll burn your money putting your money in real trades. It does not mean that I will succeed even if I can make money with all simulators though. COngrats for your $18 000 Monopoly money.
saico: no charts as of yet...I don't know how to post charts, if you have a link please direct me!
H20: you're right about ECO but not sure myself about the orthograph.
sanjuro:"picking up nickels from in front of a steam-roller" I used to do that when I was a kid, but now I cannot outrun the steam-roller! thanks for tip
Gepart: I'll look into it.
nkhoi: yeah better be safe than sorry...
K.C.: I am not there yet...I wont start before at least another year, my financial timing no good right now, that is why I papertrade, to get a feel from the charts even if it is not my money on the line yet. Probably J-trader and I was told Interactive Broker is setup for emini as well, do you have a suggestion or 2?
electron: the indicator and parameters are in one of the post.
pspr: thanks for sugggestion
SethArb:yes traded stocks, futures, and options on futures, and one summer trying to daytrade soybeans(ended up even after 3 months). thanks for tip
Mr Subliminal: I dream about Pamela Anderson not Sophia... and for your laast comment"this sort of blatant queue jumping.", would you please reformulate, english not my first language and not sure about signification...
fan27: thanks for tip
sammybea: any system can be applies many different ways, especially the one I propose. And for charts I have no idea how to post them.
ElectricSavant:very positive feedback, thanks. The world need more people like you
momotrdr: excellent advice much appreciated thanks
RAY: another construtive comment to help me see clearer, thanks
kicking:I do not agree with you but respectfuly accept your view, and maybe I'll will prove you're right!
harrytrader: the real thing is much harder to acheive than the simulation, suggestion on top of your comment would be appreciated.
ig0r: 3 min charts, not using tick charts yet and don't know what I am missing thanks for tips.
syd697: ECO= ergodic candlestick oscillator. click here and read # 7-11-12 http://www.fibonaccitrader.com/journal_issue1/freejournal.htm
axehawk
apertrading is better than losing money in the market.If you can't make it with the simulator, you'll burn your money putting your money in real trades. It does not mean that I will succeed even if I can make money with all simulators though. COngrats for your $18 000 Monopoly money.
saico: no charts as of yet...I don't know how to post charts, if you have a link please direct me!
H20: you're right about ECO but not sure myself about the orthograph.
sanjuro:"picking up nickels from in front of a steam-roller" I used to do that when I was a kid, but now I cannot outrun the steam-roller! thanks for tip
Gepart: I'll look into it.
nkhoi: yeah better be safe than sorry...
K.C.: I am not there yet...I wont start before at least another year, my financial timing no good right now, that is why I papertrade, to get a feel from the charts even if it is not my money on the line yet. Probably J-trader and I was told Interactive Broker is setup for emini as well, do you have a suggestion or 2?
Sorry about that. I was referring to the unrealistic treatment of your limit orders.
jump the queue (British) : to advance directly to or as if to the head of a line.
queue-jumping : when you unfairly go to the front of a queue (line).
As for Pamela Anderson, 30 years ago she was only 5. That would have been cradle-snatching, which could be viewed as a form of queue-jumping.