From Micros to Millions: 2% per day

[themickey]

@sstheo Congratulations on the Explosive Launch of your New Journal Steve.

And to all you naysayers, rest assured that sstheo is a 100% honest in all that he does.

I have traded along side him for more than 18 months now and I can attest to the fact that the numbers and stats that he posts are actual.

Maybe a lot of you have a hard time believing him because of your own inability to trade?

I, like Steve, know more than a few retail traders that do make money almost every single day they are in the markets. And some of them make a "ton" of money.

You can be positive and choose to listen and learn here, or you can choose a negative attitude and continue to repeat a cycle of failure.

The greatest gift of God given to man is his freedom to choose.

The question is; how will you choose?

Your first ET post and about supporting another poster, mmmmmmm,

Oh dang something's happening to my bs detector.

 

[maxinger]

@sstheo Congratulations on the Explosive Launch of your New Journal Steve.

And to all you naysayers, rest assured that sstheo is a 100% honest in all that he does.

I have traded along side him for more than 18 months now and I can attest to the fact that the numbers and stats that he posts are actual.

Maybe a lot of you have a hard time believing him because of your own inability to trade?

I, like Steve, know more than a few retail traders that do make money almost every single day they are in the markets. And some of them make a "ton" of money.

You can be positive and choose to listen and learn here, or you can choose a negative attitude and continue to repeat a cycle of failure.

The greatest gift of God given to man is his freedom to choose.

The question is; how will you choose?

Interesting.
You created a new nick just to praise sstheo.

It reminded me of the many 'students' who praised one of
my hopeless trading coach.

 

[Millionaire]

Interesting.
You created a new nick just to praise sstheo.

It reminded me of the many 'students' who praised one of
my hopeless trading coach.

I smell a rat.

131 points in the ES over 4 days. Too good to be true.

Like i said in my previous post just 10 pts a week in the ES will make you a fortune..

 

[yogi_trader]

One of the best part of this thread IMO is the concept that one can literally get rich off ten es pts a week....OP can probably do what he is saying 90% of the time, the other 10% of the time he blows up. The skill in trading is to not have huge tilt days. Like flying an airplane, one can never crash the plane. I knew a guy that averaged one point a day in es, 20 contracts and is what inspired me to start trading.

 

[easymon1]

ed one point a day in es, 20 contracts and is what inspired me to start trading.

i'd give a buck three eighty to sit and watch this guy fade a spike move against a 1 tick target on 20 contracts. Kevlar nerves.

 

[Millionaire]

.OP can probably do what he is saying 90% of the time

Had he been trading just 10 ES lots last week, he would have made $65,000 in four days.

Are you really saying he can do that 90% of the time, make $65,000 in four days with just 10 lots?

 

[Axon]

You guys sure did wake up on the wrong side of the trading floor this week. Tough crowd.

 

[yogi_trader]

To be honest, I do. Maybe it’s his best week he is reporting but it’s plausible. That would be 650$ trading one micro contract over 4 days, I’ve done that before a few times (with adderal) and proceeded to give it back because I’m burnt out. He is probably reporting his best week.

Had he been trading just 10 ES lots last week, he would have made $65,000 in four days.

Are you really saying he can do that 90% of the time, make $65,000 in four days with just 10 lots?

 

[wiesman02]

Having been scalping the ES fairly successfully for some time now, I can say this:

1) Some days are just not ripe for scalping. you can spot this in the opening 10 minutes, and either scale back, be super selective, or just not trade

2) if you are very successfully scalping, you shouldn't be a one trick pony. markets are fractal. You can scale up to higher time frames modify your strat somewhat and ride the wave of 10,20, 30 points when conditions are ripe.

3) for me personally, 131 points over 4 days is impossible. For someone else It may be doable. I dont want to call BS on it, but I would have to see it to believe it.

 

[Scataphagos]

Looking at the GS profit charts, they made the bulk of their profit from tail events.

That's mostly how it always is... the 80/20 rule, you know. Most of the time you're grinding to a degree. And then, POP! (Pop could be up or down.) Best way to make bank is to be disciplined about making technical trades and have the market "catch you" rather than your trying to "identify and catch the big move".