I was just saying I didn't have a losing day on my funded account in 6 weeks.
this is sarcasm, right?
I was just saying I didn't have a losing day on my funded account in 6 weeks.
So risk management and an entry filter.
To simplify and summarize yes
What is a risk management system?
A default risk parameter(it's completely objective, but not fixed value) and fall back to exit a trade. There's an optimal way and place to take a loss in general. This is based on 26 years of data (although did not back test every single day) Still took the most bullish, bearish and neutral times throughout to get a solid sample size.
What's your entry trigger? What do you need to see to enter the market?
Just like like you pre-empted me earlier. I am going to pre-empt you and say I am sure you'll call BS, but don't want to completely explain every detail and just give it away. Not sure why I would do that? Yes, aware trading is a lot of about experience and skill too. None the less, I summarized like you asked.
Ask him anything about his system and he disappears. Well, he'll come back in 18 hours, suitably aggrieved.
I responded in under 20 minutes for your first question and this one in under like 30 minutes. Yes, you beat me some of your responses are in under 15 minutes and sometimes under 3. Fully admit you win in replying faster, you got me.
You saying really, is that you just being polite? If by met he means like formed a relationship with and become friends or associates, then MAYBE it's possible on a long shot what he is saying is true, due to his strong bias against d1. He automatically assumes it's impossible.
Other then that do you seriously think someone who has traded over 20 years and knows 25+ pro traders, has never met a profitable D1 trader at some point in his career? Gun to your head right now and your life is on the line would you seriously say " Yup, I am going with poopy 20+ year career and guy has never ran into a profitable D1 trader, that's the most likely outcome".
LOL. Yes, if he says he never met a long term profitable day trader of index futures I believe him. It's of no consequence to me either way, but interesting nonetheless. It was surprising to me that the number was zero, though.
Generally, I don't think institutional or professional traders are directionally day trading indexes off charts.
So zero color into your entry criteria and your risk management is risk management. Got it. I can see why you were so hesitant on opening a journal.
You literally have nothing to offer.
I don't think you're keeping it close to the vest... I think you're punting visually off charts. I believe you're 100% discretionary, but not in a good way as in deep knowledge based upon ed and experience.
I am completely shocked at the amount of misinformation regarding d1 trading on this forum. EliteInvestor would be a much more appropriate name. Not even joking.