ES "1" point System

Quote from Pekelo:

What exactly are the rules?

If I make 3 points on Monday, can I decide not to trade on Tuesday and Wendesday or do I have to make at least 1 point everyday?

(and what is the difference?)
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1 point every day - the difference being that NOBODY always wins.
 
Quote from saxon22:

1 point every day - the difference being that NOBODY always wins.
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dead right saxon22.

so obviously the system needs to trade more than once per day.
and equally obviously it also needs to stop trading when the target is reached.
and it goes without saying that some periods during the RTH are taboo to high % trading.
 
If anybody bothers to go back through Saxon22's posts they will find that he is not a trader yet, so I hardly think we can look to him for advice
 
Quote from Allaces:

If anybody bothers to go back through Saxon22's posts they will find that he is not a trader yet, so I hardly think we can look to him for advice
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I know what you mean ..... 22 going on 12.

The question is, can we be bothered introducing him (her) to the noble art of trading or shall we leave him (her) to wither on the vine of foolishness.
 
enter the direction of the morning trend
have a 100pt stop to make 1pt.

you'll make 1pt a day for a long time....
and then.. POOF!
 
Quote from fearless9:

I know what you mean ..... 22 going on 12.

The question is, can we be bothered introducing him (her) to the noble art of trading or shall we leave him (her) to wither on the vine of foolishness.
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Lets pick him off the vine, crush him beneath our bare feet and drink his blood
 
Quote from esu2:

enter the direction of the morning trend
have a 100pt stop to make 1pt.

you'll make 1pt a day for a long time....
and then.. POOF!
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precisely
 
Quote from JSSPMK:


Basically, could you get me 1 net point today? I will get funds together to trade 1000 lots on that trade, thanks.
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Sure. I always like a good challenge!

This was just for fun, 4 trades 2.75 ES gain. 1 breakeven 3 winners. Since this is 2 pm and I went out for a lunch, it was about 3.5 hours trading....

P.S.: Yes, it is fakemoney, but still made the required 1 point, well a bit more... :)
 

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Quote from Pekelo:

Sure. I always like a good challenge!

This was just for fun, 4 trades 2.75 ES gain. 1 breakeven 3 winners. Since this is 2 pm and I went out for a lunch, it was about 3.5 hours trading....

P.S.: Yes, it is fakemoney, but still made the required 1 point, well a bit more... :)
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You have got the hung of it Pekelo.

All you need to do is believe it and you are half way there.
The other half is just forget all the crap that you have read about trading and simiply protect your points until you reach your daily quota and then stop for the day.

Once this pattern develops into a habit, you can start to walk up your lot size in the heavy volume.

I will not be billing you for this priceless information, but my favourite Ferarri colour is red.
 
Quote from fearless9:

You have got the hung of it Pekelo.

All you need to do is believe it and you are half way there.
The other half is just forget all the crap that you have read about trading and simiply protect your points until you reach your daily quota and then stop for the day.

Once this pattern develops into a habit, you can start to walk up your lot size in the heavy volume.

I will not be billing you for this priceless information, but my favourite Ferarri colour is red.
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How many trades do you need to get 1 Net point per day?
 
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