Market lesson at this time...

[Laissez Faire]

Do you want to be? Serious question, is making millions via trading financial markets a goal of yours?

Of course! Who doesn't?

My expectations are however lower than they were when I first started out and in a sense I gave up a while back, but I'm still trading and plugging away.

Yesterday was a set-back ending a 15 day winning (gross) streak, but I'm still up about 30 % so far this month. Like I said in your thread the key to getting rich is to keep your profits in your account and increase your stake size as your account grows, so that's exactly what I'm planning to do, but this time I'm doing it slowly in order to protect myself and don't do any mistakes by rushing it.

Maybe @destriero wants to dare me if I'm trading real money or not for $15K. It would certainly help. LOL.

 

[zghorner]

Of course! Who doesn't?

My expectations are however lower than they were when I first started out and in a sense I gave up a while back, but I'm still trading and plugging away.

Yesterday was a set-back ending a 15 day winning (gross) streak, but I'm still up about 30 % so far this month. Like I said in your thread the key to getting rich is to keep your profits in your account and increase your stake size as your account grows, so that's exactly what I'm planning to do, but this time I'm doing it slowly in order to protect myself and don't do any mistakes by rushing it.

Maybe @destriero wants to dare me if I'm trading real money or not for $15K. It would certainly help. LOL.

30% is incredible very well done. What markets are you trading and average hold time?

 

[murray t turtle]

“I hear and I forget. I see and I remember. I do and I understand.” – Confucius

%%
GOOD quote\many of his are silly + stupid; like '' it does not matter how slow you go, as long as you dont stop'' LOL =100% wrong ; many places have a posted minimum speed of 45MPH.
But he has another good one;'' before embarking on a journey of revenge, dig 2 graves. ''
That goes double for revenge trading ,

 

[Laissez Faire]

30% is incredible very well done. What markets are you trading and average hold time?

I was up close to 50 % before yesterday's mess-up, so that would have been even better. LOL. Remember, this is day trading futures and it's a leveraged account.

I day trade ES. No overnight trades. I have detailed statistics on my trading computer, but generally I'm in a trade anywhere from minutes to 1-2 hours. The longer trades tend to be if I entered in a range and the market is taking some time before take-off. Yesterday was one such day.

If I can, and since I hold a day job, I try to be done within an hour or two, but if I get stuck I may need to trade the entire session.

Last week I had a day where I captured about 20 points on one single trade within the first half hour. Those are my favorites. They happen once in a while.

 

[margin_gamble]

%%
GOOD quote\many of his are silly + stupid; like '' it does not matter how slow you go, as long as you dont stop'' LOL =100% wrong ; many places have a posted minimum speed of 45MPH.
But he has another good one;'' before embarking on a journey of revenge, dig 2 graves. ''
That goes double for revenge trading ,

Get a load of my favorites from Confucius ................



Virginity like bubble, one prick all gone

It takes many nails to build a crib, one screw to fill it

best one EVER ............ passionate kiss like spider web, soon lead to undoing of fly



the one I cherish the most was when donald Trump was president and sent this one, (not a confucius) to the White House .................

When Ivanka was 8 yrs old she sent a prayer to God for Father's day

Dear God, this year for Father's Day please send lots of clothes for the poor ladies in Daddy's computer



Actually got a reply with LOLs galore .............. for sure Donald saw it

 

[murray t turtle]

Get a load of my favorites from Confucius ...............
the one I cherish the most was when donald Trump was president and sent this one, (not a confucius) to the White House .................

When Ivanka was 8 yrs old she sent a prayer to God for Father's day

Dear God, this year for Father's Day please send lots of clothes for the poor ladies in Daddy's computer
Actually got a reply with LOLs galore .............. for sure Donald saw it

%%
A THOUGHTFUL little 8 year old girl.
SHE sees her trading is profitable;
she is clothed in fine linen + purple-King Solomon

 

[margin_gamble]

%%
A THOUGHTFUL little 8 year old girl.
SHE sees her trading is profitable;
she is clothed in fine linen + purple-King Solomon

Amen! THEY hate Ivanka, but yours truly does not. She is indeed very thoughtful. Her only downside is she married a Beta Male. Ditto for Princess Diana. Had she taken that one phone call from the alpha male, a Pakistani fella, a doctor, she might not have died.

 

[destriero]

Of course! Who doesn't?

My expectations are however lower than they were when I first started out and in a sense I gave up a while back, but I'm still trading and plugging away.

Yesterday was a set-back ending a 15 day winning (gross) streak, but I'm still up about 30 % so far this month. Like I said in your thread the key to getting rich is to keep your profits in your account and increase your stake size as your account grows, so that's exactly what I'm planning to do, but this time I'm doing it slowly in order to protect myself and don't do any mistakes by rushing it.

Maybe @destriero wants to dare me if I'm trading real money or not for $15K. It would certainly help. LOL.

Someone PMed me about a wager. I searched but realized that I had you blocked which means that you had to log out to read my diarrhea. Must suck for you to be owned by someone who doesn't realize you exist.

So what's the wager? That you trade a PDT account with RH? I cannot quantify "real money" other than I know you live hand to mouth.

Don't disappoint me. @Baron shut down my block-function so I can't put you back on block.

 

[Scataphagos]

Mein Beliebt, ausgezeichnet, sehr freundlich Fuhrer, do your preps now for next Monday market action.

Then post your analysis on Sunday nite no later than 8:00 PM.

Place Live action trades all week starting Monday using your system outlined in this thread. If you lose, you will not get any static from me. You will be consoled and allowed to drink with the Live Action Boys. It will be a welcome to the Club sort of thing. Losing is not a problem for us. Losing guaranties success.

If you win for the week don't stop, keep going on, I will personally cheer you on to win win win.

You get top marks for intraday commentary on Elliottwave application in your counts to your trades.

Do it.

1. I don't have any "forward looking" analysis. I can only react to chart structures as they develop.

2. Live posting of trades is too distracting. In the past, when required, I'd had all of my trades audited. And that was when I expected a large financial reward (beyond trading profits) if successful. Even then trades weren't posted real time.

 

[NoahA]

@Baron shut down my block-function so I can't put you back on block.

LOL... that's funny. I'm still waiting for him to update the block feature as he promised.

I would personally pay a monthly fee to this site if @Baron took it upon himself to vet trading accounts of guys who make extravagant claims. I am more than willing to listen to any guy who shows 10k winnings days, even consistent 1k winning days. But the worst is when guys speak highly of some random strategy or super high win rates or other bullshit like this. If Baron really wants ET to be an elite destination for traders, knowing who is the real deal and who isn't would literally cut out 95% of the crap and time wastage.

How many payouts have you made for your bets, and have you ever collected on a bet here yourself?