Is there anyone here who is self-taught, consistently profitable and confident of continued success?

Just because he asked you nicely to make it easier to read your context!?
lol. yeah because on a cell phone being 6ft 3 with large hands after sharing smart information and spending 20 minutes writing it out for free .yeah he was being a dhick. take care and please start trading those micros !!! lol
 
if you look through posts on here as i know you do and have for some time. it is a running inside joke to ask for paragraphs. you know that so shame on you for trying to play the game more. you guys are sad. its like the alcoholics at the bar at 6am on here. normal people stop in for drink to try it out only to realize that these people drunks at 6 am only remind you of what not to become!! so you leave and vow not to come back. later losers
 
I blame tiddlywinks.

MY trades, profit or loss, are ALWAYS my fault!

NEXT!

overnight tends to never be openminded to other traders opinions and no matter what you say he will relentlessly defend his position which clearly shows unadaptabiliy and like most people will resort to personal attacks if necessay; however, you are correct. percentage is the only way to properly measure moves. when the dow was at 7000 a 1 % move was 70 pts. now at 26 000 it is 260 points!

Yes, overnight completely missed the point. However, so did you. Percentage merely illustrates that nothing has changed. But regardless of how many tics or points, focusing on the money, one loses ability to monitor (and capture) the movement that is being offered... instead of bias to exit, or bias to hold, when the balance/sentiment changes on whatever scale or timing the trader uses, so to should the trader. A fraction of 1%, 1%, 2% or whatever... continuation, change, or sideline is all there is!
 
By consistently profitable I mean a track record of 3+ years with profits of at least $50k per year.

As you can probably guess, I'm interested in getting into this. It would be great to hear back from those who have proven profitable retail trading is possible.
Think in terms of return, not a $ number. Use a market index as a yardstick to measure your performance. Don't forget the value of your labor and time. If you can consistently outperform the market by 2 folds in ten years, then you are considered one of the few true elite traders. I am not there yet, but with 4 years of the triple-digit return to boast, I may have a shot. I can say this with confidence because I blew up my account once and survived...
 
I'll agree with this statement only in as far as the market conditions have changed to the point where the old methods I learned do not work now, and it has to do with ranging and price action.

I "graduated" from my trading training at about the beginning of 2017. I was prepared for what the market was giving me. Then the market went apeshit by the time I felt comfortable enough and started making good money in beginning of last year.

I remember it being a ghastly and rare day when an equity future ranged more than a few hundred bucks in a day. Now, it is ranging multiples of that. My training did not prepare me for that, so I have had to try to adapt.

The lessons I learned are still applicable, but the timescale to apply them are now "tighter", if that makes any sense. I am the world's worst student because I have not been following my mentor's teachings as close as I could or should, but that is pretty much because I am my own creature, and I will flesh out into my own being when it comes to trading.

If I stuck to his teachings closer? I might be in a better place now than I am.

Had I not branched out on my own and found something that worked better for me? I might be in a worse place than I am now.

It is a most curious phenomenon.

As to the OP's point...


I know it is. All we have to do is follow our plan and be smart with the implementation of our trading system.
https://caselaw.findlaw.com/fl-district-court-of-appeal/1591793.html
 
Back
Top