Quote from tradingcards:
how much capital are you working with?
I almost would rather not even say, the way my method works given my average loss of X ticks I have 50 bets. So theoretically i can be wrong 50 consecutive times w/o a winner before im knocked out of the game.
Sim results were very solid. When I first started out I would treat each day like it were my first day going live, after a while i said ok now its time to simulate what would be realistic once I am into a groove of things.
What good did come out of the sim was that I am able to do ok even in choppy markets that cant get a trend to sustain, I would say that about 80% of the days were range days and 20% trend days. I firmly believe I will be able to capitalize off those trend days by catching as much of the trend as possible.
Lets face it some days are easier than others to make money and it seemed like every day that was a trend day i was otherwise occupied. I think being able to committ to this full time without daily distractions is going to help a lot.
T Minus 5 weeks till I begin.