40 S&P Points a Month, is My Goal

rcanfiel has been warned that promoting commercial websites, in this case Futures-Systems and Collective2, that make their money from subscriptions will not be permitted and is in violation of ET's No Free Advertising policy. He is welcome to post trades here, he is not welcome to promote. Thanks everyone for keeping this in check.
 
You have been doing very good, until you ran into the inevitable drawndown on Friday. (What is your stop loss by the way?) That's why I said that anywhere above 1 ES per day can be king.

So you had a loss of 10 points on Friday, thus the score is: 17 points since Apr 24. That is 1.21 ES per day, still pretty good!

You shouldn't let any trade go against you more than 4 points....
 
Hey Ross, in this business you have to report the good with the bad.
This week you had -1.25, 2 and .75 so far, thus the tally is at 18.5 points in 19 days. I guess Jimmy was right:

Quote from JimmyJam:
shoot for 1/2 that amount, and you'll have a mint in no time.
More...

I was rooting for you, but you just proved my point, even making consistently 1 ES per day is HARD...
 
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