Young ... apprentice. Neither.
ES Journal - 2021/2022
- Thread starter Buy1Sell2
- Start date
soon as I typed it, market drops 20 points. We are so spoiled with this great volatility
I *think* you mean 98 ticks (24.50 points * 4 ticks) of 1125 tick range for almost 9% of what was offered.
Otherwise, yea you are right.... Not making the grade!
The whole point about tracking points captured as a % of the daily range is to give an idea of how much of the daily offer you’re able to capture, i.e., skill.
Trader A nets a total of 50 points on a 25 point daily range trading one contract, i.e., 50 points per contract.
Trader B nets a total of 50 points on the same day trading 50 contracts, i.e, 1 point per contract.
Obviously, a big difference.
I can't believe you have to keep explaining yourself to them. It's like obvious stuff.
8.25 + 8.25 + 8 pts.I *think* you mean 98 ticks (24.50 points * 4 ticks) of 1125 tick range for almost 9% of what was offered.
Otherwise, yea you are right.... Not making the grade!
I'm happy. Sixty something percent of total daily range a day, week after week after week, is so far out there IMO it's not even a debate.
You're being pretty disingenuous. Not sure if you're aware of that or not. Good trade and it got fairly close to your target, so no complaints. But to act like you we're giving the higher probability setup, is not really fair. Not to mention the setup he gave also worked out essentially. It fell short LOD, but you also fell short 3 points of your target, so please try to be a little more objective.