My god I feel like I'm back in 3rd grade....
The OP of ANY thread should immediately be made mod of his own thread. 33 pages and almost zero trading value in this thread. What does that tell you about the people contributing here?
All of you people need to get a life. If you're not currently profitable you need to close your mouth until you are (unless you are asking questions to make you profitable). IOW, shut up and learn.
I've been at this a year and a half and I made it while doing this completely alone. No prop desk, no mentors, no good books (I've read books, but most of them suck), no forums. It can be done. Almost every reddit, quora, futures.io. or other bullshit website was filled with the same people that fill this website: non thinking, crowd following, trolls. It is ultimately a waste of time and detrimental to one's health and capital to be a member of any of these sites. Most profitable traders do not waste their time here for that reason, and the few that do, you end up chasing away.
I have news for you: most successful traders are either stoic as fuck or completely abrasive/aggressive. Trading makes you realize how full of shit the rest of humanity is, and it changes you how you interact with other people. Des seems to be one of those people and I applaud him for it (it means that he's still human and not some unthinking, unfeeling robot).
To those who are currently struggling and actually want to learn, and not troll:
Who am I? I only trade futures. I only trade intraday (no overnight holding). I trade mostly price action in response to obvious levels that everyone in the world can see. Price action any other time is a losing man's game.
I trade a few times a day on a few products. There are, in my opinion, only a few good trades to be had each day on futures. These are the large intraday swings where you can bank 60-200 on NQ, 10-30 on ES, 1.00 on Crude, etc. My edge is asymmetrical upside potential based on the limited risk I put on. Sometimes that is 4:1, sometimes that is 10:1. My philosophy is that you can always define your risk, but never your upside. You keep trying to lose small, win small, or breakeven until that trade comes along that you can't ever plan for, that ends up being the start of a new trend, in which you bank large.
I might try to put on a position 4 times at an area, churning small P/L for maybe 10-20 minutes, and then finally get my position on at the 5th attempt and then bank large. I count that as 1 trade because there was really only 1 trade there, and that trade was what I was trying to capture.
I also add to winning positions and move my stop to BE once I feel a possible retracement is no longer on the table. My initial 3-5 probe lot might become a 15-20 lot, and when I hit my profit target I hit with size. I increase my return on risk that way while decreasing potential losses to zero. My 4:1 might become 7:0 since I'm adding size and not allowing myself to lose money on a trade that is now at breakeven, far away from current price. I'm currently making close to $10k a day, which for me is great, considering I've been at this less than 2 years and taught myself everything, and am still scaling up aggressively. I plan to have my first $100k day sometime next year.
Proof? No person in their right mind would ever show their account # or name on a thread like this. They may get stalked or shot. The mental insanity here cannot be taken lightly.
I tried mentoring a fellow trader - unsuccessfully, as he ended up being a gambler - but here are some pics I took over the last few months. I have many but here are a couple, just to illustrate a point.
One of these is my own account, another is an Apex funded account - to show him you could run one of these accounts up and use them as seed capital for your own account -, and another is an account I threw $1,000 in to show him you could build it up with micros and then begin trading larger after only a week or so. The idea was that anything is possible, even with a small account, but ultimately it fell on deaf ears.
If the images look doctored it's because they are. Sierra Chart shows your account # and other identifying information after each trade, so that was naturally cut out. On Apex I left "Apex" there so show which Apex account I was referring to.
Main:
https://ibb.co/F52790d
Small:
https://ibb.co/8MHbzTm
Apex1:
https://ibb.co/m9X7Kdc
Apex2:
https://ibb.co/L6RWRwV
Moral of the story: If your goal here is to waste everyone's time then job well done. You will never be successful. 95% of this thread and website are the exact reason I rarely come to places like this. I have better things to do. I'm even willing to forego learning from an options guy because it's not worth the hassle of dealing with the children in the meantime.
Best of luck to you all.