KING OF HELL

P

padutrader

a day straight out of Hell for most beginners

King of range

on a trading range day-2nd leg failures and numerous single legs in ranges i was on top of my game
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padutrader said:
yes but the negative sign is not shown
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I find that heart breaking

what are your goals?
I find that many goals are poor.

when I started I wanted 3m. I see people say “I want to trade”
Proper goals beget proper methods if results are analyzed.
Or some people have no goals and are lonely, post a lot on trading forums.
 
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Thor said:
96.7% wins with longest trade>3.5 hrs? :p

Grid trading without a stop loss and 2 pts take profit :D
When it goes tits up, the account is blown.
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If you can recognize strong trend days and avoid fighting the trend then your chance to blowup is only 0.1% which is still … a certainty.

I once bought, what I thought was low, on a strong down day. Something like 100pts away from the top on the ES.

Well … price went down another 100pts and more. It took 2 or 3 days for the market to recover.

On that day, the MFE was something like 1 point lol The market pulled back but below my entry price. Shoulda coulda take a small loss.

But Padu said 100% is doable therefore I didn’t take it.

Of course I blew up. Now I use stops :(
Unless you use very little leverage, not taking loss is just a matter of time until complete blowup.
 
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Hi @padutrader
are you a scalper now that your average holding time is about 1 hour and some minutes?

I was also doing some calculations based on some assumptions
Total profit 3050
equity 103 754

assuming you started with 103 754 minus 3050
your growth is approximately 3%
 
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