A real trader posting real trades to benefit newcomers.

El OchoCinco said:
First you post this:

upload_2018-9-17_11-27-29-png.191461


NQU8 has not been above 7600 since last week so I assime this was a sell stop to get filled or an exit? WHich it never hit.

Then you post this:

upload_2018-9-17_14-26-10-png.191479


So first you are selling NQU8 7607 WORKING and then you go long NQU8 at 7486.

That NQ position is now in the hole for $1,820 since NQU8 is sitting right now at 7395.

I dont see any update on that big loss which I bet was magically closed before the big sell off.

RTYU8 is sitting at 1698 for loss of about $500.

YMZ8 right now is at 26005 for a loss of about $315

So for your first day on your supposed $100k account you are in the hole $2,635 or more when commissions are added in to this sim account or 2.63%.

Nasdaq was down less than 1.6% so you beat the Nasdaq.

That is how you update a trading journal, not ignore the losses.
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It's a sim account, I am very familiar with the platform. Very easy to tell.
 
You should simply just report your completed orders :
symbol / side / filled quantity / average price / filled time


don't show WORKING ORDERS unless you intend to show it real time which is not possible in ET.
 
I think you guys have stunned, shocked and awed him.
I was cheering on the 100% win rate starting a mostly long journal around AMZN $2000 time.
 
Again, this is not for naysayers. Only for those who would like to learn something and build some confidence to trade.

I am still exploring the best way to make my posts useful and ahead of time. They will get better.

For the last time, let me assure those who are confused by the many naysayers, these are real live trades. If you do not believe yet, just ignore all these posts. I do not get into arguments with people who do not believe it is real. I am not in the business of convincing other people. I can only help those who want to be helped.

I have been through the stage no believing trading can make money. All I can say is if you do not believe trading can make money, you are probably a long way from making consistent profit from this market yet.
 
To answer some of the trading relevant questions (sorry that if I missed yours, I either do not remember yours or yours is not relevant to trading):
(1) I do not have a fixed time frame to enter or exit a trade, I base my trades on three things, market mood, price target (for both entry and exit), and profit target (in a month time, but even this point, I do not stretch myself).
(2) today my draw done as of this writing, in one account is 1600, other is 212; it is well within my risk tolerance and money management rule.
(3) so what is my management rule? It really depends, I would say, in general, a day like today, better not exceed 5% (that is 10k for two accounts combined), as you can see, the worst moment of the day and after market is well within that.
 
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