I like Denny's for breakfast 24/7.
I have a 20% off the entire bill coupon.
If I use the coupon with a party of 1, is this a decent savings or too marginal?
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ES Journal - 2019/2020
- Thread starter Buy1Sell2
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I like Denny's for breakfast 24/7.
I have a 20% off the entire bill coupon.
If I use the coupon with a party of 1, is this a decent savings or too marginal?
I like Denny's for breakfast 24/7.
I have a 20% off the entire bill coupon.
If I use the coupon with a party of 1, is this a decent savings or too marginal?
i mean, I’m clearing around $1k a day almost everyday, so I’m not exactly doing poorly. I’m trying to optimizez. I have no idea what others are doing on a per trade basis adding everything up, hence why I ask
So I’m averaging $100 per trade averaging up total money up and dividing by number of trades (4 contracts per trade) or $25 per contract per trade after commission which is 2 ticks per trade for the month of August. Is this decent or too marginal ?
as a side note I was very careless this month, bet with some refinement I can get this number up
I would think a lot depends on how many trades we are talking about, and how much risk you allow. If you are talking about 20 trades and big stops it is too early to cheer, but if you scalp and average that over hundreds of trades I would be happy with it.
I would think a lot depends on how many trades we are talking about, and how much risk you allow. If you are talking about 20 trades and big stops it is too early to cheer, but if you scalp and average that over hundreds of trades I would be happy with it.
we are talking 10-20 trades a day every day. I’ve never looked at this metric until this month. I’ll have to dig up old statements and look to see Past performance another day.
Thank you for the reply.
There are 2 things that matter...
1) Your comfort and confidence (via back testing?) that your method/technique has positive expectancy.
2) Your (acceptable) risk to implement the method/technique.
It doesn't matter how many trades you make. It doesn't matter your trading style. It doesn't matter what ANYONE else does. You say you are averaging 2 additional ticks per contract.
I have 4 friends coming to town next week. My Dennys coupon expires the day they arrive. What should I do?
1) Your comfort and confidence (via back testing?) that your method/technique has positive expectancy.
2) Your (acceptable) risk to implement the method/technique.
It doesn't matter how many trades you make. It doesn't matter your trading style. It doesn't matter what ANYONE else does. You say you are averaging 2 additional ticks per contract.
I have 4 friends coming to town next week. My Dennys coupon expires the day they arrive. What should I do?
Compared to some that might not be much...we are talking 10-20 trades a day every day. I’ve never looked at this metric until this month. I’ll have to dig up old statements and look to see Past performance another day.
Thank you for the reply.
but compared to a lot of people out in the work world, this is very good.
I'm curious how much time and energy you put into trading? Are you sitting there during all regular hours diligently focusing? Up in the night looking for entries? Spending weekends reviewing all the trades, etc?
Are you happy with the return you are getting on your effort?
Compared to some that might not be much...
but compared to a lot of people out in the work world, this is very good.
I'm curious how much time and energy you put into trading? Are you sitting there during all regular hours diligently focusing? Up in the night looking for entries? Spending weekends reviewing all the trades, etc?
Are you happy with the return you are getting on your effort?
3-4 hours per day In the morning and this is without giving it full atttention due to daddy daycare. Afternoon I’ll watch on phone but won’t trade unless I’m down or haven’t hit my goal.
this specific strategy is purely discretionary. I’ve got thousands and thousands of screen time and studying in. I’m mostly at the “don’t get pissed and blow up, and don’t make unforced errors”.
I don’t make too many chart reading errors. It’s usually taking trades that are too aggressive.
out +10L 3487
boring action today.
Likely leaving lots on the table this evening, but there'll be plenty to be had next week.
well donetime for blast off? Adding a little long here to earlier long and off for the weekend now
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