By day trading, is it really impossible to get a 3% return every day without fail?

OddTrader said:
By day trading, is it really impossible to get a 3% return every day without fail?

Just 2 cents:

I think it's technically impossible to get a 5% return every day without fail.

Except some who learned from JH can get 3 times of daily range!
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A positive return EVERYDAY, WITHOUT FAIL, extremely unlikely, more important, unrealistic.

But today, NQ had a (RTH only) 94.5 pt range and YM a (RTH only) 222 range.
I captured in aggregate (not per contract) 127.25 and 140 respectively. Clearly the part of JH methods that I employ don't work and was a complete waste of my time to learn, and become versed in.

You have no idea about what you mock, Oddtrader.
 
tiddlywinks said:
A positive return EVERYDAY, WITHOUT FAIL, extremely unlikely, more important, unrealistic.

But today, NQ had a (RTH only) 94.5 pt range and YM a (RTH only) 222 range.
I captured in aggregate (not per contract) 127.25 and 140 respectively. Clearly the part of JH methods that I employ don't work and was a complete waste of my time to learn, and become versed in.

You have no idea about what you mock, Oddtrader.
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I admire you have had an outstanding comprehension ability for reading my posts on ET! Don't give up! :D


"Need 900% in 3 years- what would you do?"
https://elitetrader.com/et/threads/need-900-in-3-years-what-would-you-do.312865/page-2
OddTrader said:
900% - impossible.

9,000% - possible!
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motif said:
"I was a losing trader for about 5 years and wiped out 1 time a 50K account (in less than 24 hours) . Needed another 5 years (more or less) to become consistant profitable. First step it trying to find out if you have the qualifications to become a good trader." It took you ten years to become a "qualified trader"...After 10 tears of failed trading what were your qualifications? Your massive "IQ"?
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%%
That's funny.:cool::cool: LOL; never met the man ,but it sounds like he made it.
Account blow ups can teach much+ to do it in less than 24 hours, sounds like he made it +found plenty of stuff that would not work.....
 
Chewy said:
HOW DO I FIND OUT ABOUT JH METHODS. I HAVE NO IDEA WHO HE IS OR WHAT HE DOES. YOU CAN REPLY PRIVATELY TO ME IF YOU WANT. I WANT TO LOOK INTO THE METHODS.
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I am pretty sure JH will respond to you personally, since he heard you with all of your shouty. :-)
 
Overnight said:
I am pretty sure JH will respond to you personally, since he heard you with all of your shouty. :)
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sorry about the capital letters. I was not shouting. my computer simply was on upper case when i typed. i will have to watch it more closely. to me upper / lower case is all the same thing. I dont use upper for shouting. I just read the words. they are all the same to me.
 
Chewy said:
HOW DO I FIND OUT ABOUT JH METHODS. I HAVE NO IDEA WHO HE IS OR WHAT HE DOES. YOU CAN REPLY PRIVATELY TO ME IF YOU WANT. I WANT TO LOOK INTO THE METHODS.
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Unfortunately, Jack Hershey is deceased. It's been a couple years.

There is group of practitioners of his methods on ET.
The most active current thread is HERE.

But be warned... if you are just starting out, the current active thread is advanced. You will need to begin with the basics. The first two posts in THIS thread has links to the necessary background.

A somewhat short-circuited alternate learning route can be attained by doing the work in THIS thread.

There are people around who can, will, and do help those who have serious interest.

Trade On!
 
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