Journal

[Specterx]

It's really ok. I'll do the journal on my own time anyways. Most important thing for me is to trade properly right now, not spend time debating with people about what, when or how I post. Frankly my edge is clear and strong enough that it can over ride the negativity.

FWIW several the folks you are arguing with are longtime pro traders, no BS.

The plain reality is that the entire concept of what you are trying to do is fatally flawed, from start to finish. Point-and-click chart trading intraday moves on index futures is not a viable trading strategy. The idea that you will start with a microscopic four-figure capital base and build it up through 1,000-10,000%+ annual returns via “funding firm” payouts, generated from the said intraday trading “strategy”, is utterly preposterous. You’d have better odds blowing your $1000 of capital on state lotto tickets or 0dte options hail-marys.

My best honest advice for you is to abandon this hopeless venture, close your trading accounts, delete your forum username, and invest that time & money in getting more education, a promotion at work, or whatever, which has a literally infinitely better payoff profile in terms of money, self-respect and accomplishment, and social status.

 

[Overnight]

Someone please tell poopy to take me off of ignore. He's acting a child by having me on the ignore/block.
And tell him that "blathering" is a much cooler word to use than "blabbering".

 

[newwurldmn]

Correct but that would not afford me the time to develop and forward test it as well. That or I'd have to neglect other things that really can't be neglected.

Really? you've seen 100 people here willing to meet in person and trade in front of someone live? If this is factual information, can you point me to a couple of them here?

I’ve seen a 100 people who think they have it all figured out after 6 weeks of trading.

 

[Overnight]

...

Today is the perfect example. Knew today would be rough and I traded poorly overall. Still ended up net positive.

Meanwhile, you have shown not one trade, not one entry, not one exit.

If you had any honesty and realism about you, you would post your blotter.

But nope, you are just like all the other fakers here.

"That's funny that you really think you could out trade me in a weeks time via intra-daytrading. Do you really believe that? Like genuinely?.."

Yes, because unlike you, Ireallytrade.com

 

[nonpln]

I’ve seen a 100 people who think they have it all figured out after 6 weeks of trading.

I've seen a thousand people who think because they produce money via time and money, that they understand the markets related to day trading and readily give their advice to others, when they themselves don't have an edge to day trade. What's your point?

 

[nonpln]

FWIW several the folks you are arguing with are longtime pro traders, no BS.

The plain reality is that the entire concept of what you are trying to do is fatally flawed, from start to finish. Point-and-click chart trading intraday moves on index futures is not a viable trading strategy. The idea that you will start with a microscopic four-figure capital base and build it up through 1,000-10,000%+ annual returns via “funding firm” payouts, generated from the said intraday trading “strategy”, is utterly preposterous. You’d have better odds blowing your $1000 of capital on state lotto tickets or 0dte options hail-marys.

My best honest advice for you is to abandon this hopeless venture, close your trading accounts, delete your forum username, and invest that time & money in getting more education, a promotion at work, or whatever, which has a literally infinitely better payoff profile in terms of money, self-respect and accomplishment, and social status.

What makes you think I doubt that they are pro traders? Seems most of them are vol and almost every statement people are making in my thread starts with assuming they know everything and can give an all inclusive blanketed statement that covers everyone and every situation, which is objectively ridiculous. It's odd because first of all just because you're pro at something doesn't mean every single thing you say is correct, particularly in trading where there's multiple avenues to make money.

In fact some of you are actually not only not helpful, but you're a detriment to anyone looking to seriously day trade. Most of you seem to have the same experience, once again in your own words you think you MUST have money and MUST use time to be consistently profitable. You really think no one can intra-day trade consistently without having those metrics? It's just such a dumb and ignorant take. If you want to say it's extremely low probability that I can do that, Ok that is fair. Completely understand that take. But to act like there's 0% chance no matter what, is just pure ignorance.

 

[nonpln]

Meanwhile, you have shown not one trade, not one entry, not one exit.

If you had any honesty and realism about you, you would post your blotter.

But nope, you are just like all the other fakers here.

"That's funny that you really think you could out trade me in a weeks time via intra-daytrading. Do you really believe that? Like genuinely?.."

Yes, because unlike you, Ireallytrade.com

I am going to get around to that. Objectively you said you're holding positions through drawdowns(while you go do other gigs) and unless I missed it, there is not a clear risk management strategy for that. That's fine with me, you trade how you want to. I'll trade how I want to.

This isn't some joke to me. The money I am making means something. If you posting your gigs here and how you did them, means it would be distracting or you would make less money would you do that? Yes or No? If No than certainly you can understand via logic that I am not going to post things until it's convenient for me. Literally just want to make a journal and trade, instead sitting here debating idiots that think they know everything about day trading because they figured out they can use money and time to turn a profit.

 

[nonpln]

It's not pizza, it's dejournal

i am sure youll enjoy your overnight float up long, no doubt.

Did you enjoy your floater long last night, troll?

 

[Specterx]

What makes you think I doubt that they are pro traders? Seems most of them are vol and almost every statement people are making in my thread starts with assuming they know everything and can give an all inclusive blanketed statement that covers everyone and every situation, which is objectively ridiculous. It's odd because first of all just because you're pro at something doesn't mean every single thing you say is correct, particularly in trading where there's multiple avenues to make money.

In fact some of you are actually not only not helpful, but you're a detriment to anyone looking to seriously day trade. Most of you seem to have the same experience, once again in your own words you think you MUST have money and MUST use time to be consistently profitable. You really think no one can intra-day trade consistently without having those metrics? It's just such a dumb and ignorant take. If you want to say it's extremely low probability that I can do that, Ok that is fair. Completely understand that take. But to act like there's 0% chance no matter what, is just pure ignorance.

Pro traders meaning those who have worked professionally for Ibanks, funds and FOs, not retail pikers screwing around with day-trading off charts.

You just have no grasp on the reality of the situation, that's all. Last year the CFTC sued one of the "funding firms" and some numbers came out. The firm had 24,000 "live" accounts, as in accounts which had actually passed the combine stages. Any accounts which demonstrated consistent profitability over more than a couple of weeks were routed live to an exchange, the rest were internalized because they lost money. Of the 24,000 accounts at the time of discovery, "fewer than 100" were routed to the exchange and the other 23,900+ were internalized, as they all lost money. And that's not to say that the <100 were consistently profitable over meaningfully long periods, or earned even a living wage, etc., just that they put up non-negative numbers for a few weeks. Other prop firm records show that the vast majority of "profitable" accounts earn pitiful sums, often below minimum wage.

 

[Sprout]

Pro traders meaning those who have worked professionally for Ibanks, funds and FOs, not retail pikers screwing around with day-trading off charts.

You just have no grasp on the reality of the situation, that's all. Last year the CFTC sued one of the "funding firms" and some numbers came out. The firm had 24,000 "live" accounts, as in accounts which had actually passed the combine stages. Any accounts which demonstrated consistent profitability over more than a couple of weeks were routed live to an exchange, the rest were internalized because they lost money. Of the 24,000 accounts at the time of discovery, "fewer than 100" were routed to the exchange and the other 23,900+ were internalized, as they all lost money. And that's not to say that the <100 were consistently profitable over meaningfully long periods, or earned even a living wage, etc., just that they put up non-negative numbers for a few weeks. Other prop firm records show that the vast majority of "profitable" accounts earn pitiful sums, often below minimum wage.

Do you have a firm name, can't seem to find it
https://www.cftc.gov/LearnAndProtect