My attempt to earn a funded account with Earn2Trade

Laissez Faire · Jul 9, 2022

nooby_mcnoob said:
In moderation, most vices are probably OK. The key thing to keep in mind is "can I maintain my work, health and relationships with the amount of this vice I am consuming?"

For example, if you consume porn every night, you probably aren't going to be interested in chasing women.

Agreed. I can easily drink a bottle of wine and get up in the morning and do my fasted morning run or go to the office, no problems. A friend of mine have severe issues just from a few beers. We're all different.

As for porn. I haven't watched that since I was a pimple-faced teenager. Doesn't really do anything for me. I prefer to do the fun stuff myself. There's something very weird and un-masculine about jerking off to men having sex with women (or whichever your preference is).

But we may be getting way, way off-topic. LOL.

nooby_mcnoob · Jul 9, 2022

Laissez Faire said:
I can easily drink a bottle of wine

Lucas_Paul · Jul 10, 2022

nooby_mcnoob said:
On average, I don't believe the market is actively screwing you, only incidentally. I believe the up's and downs of the market are simply the big guys positioning and they really don't care much about you and me.

Not actively screwing you, it's about being a best bid or offer. If u're on the right side and after you bought there's buyers willing to buy higher than you, you're good. But yeah, lets just agree to disagree. Cheers.

Lucas_Paul · Jul 10, 2022

nooby_mcnoob said:
By the way, this analogy is supremely flawed.

First of all, a stop sell order is held at the broker for the most part and isn't visible to anyone else.

In order for the broker to go after your specific stop sell order, they would have to hit market sell orders and sweep all the buy liquidity to hit your one dinky little iphone stop sell at $700.

You'll say: "Oh but this is a BIG HUGE STOP SELL" ok then it isn't retail level volume and irrelevant to me.

You see, even with this analogy it is nonsense to believe ((they)) are out there hunting your dumb stops. Your stops are just placed badly, that's all, and that is why I use swing height to calculate my stops.

I try to get in at the beginning of an intraday swing, and if I am wrong, I give myself room of 25% to be wrong, while I try and capture 75% of the coming swing. Sometimes, I capture a 300% swing and that's fine, but that is pure luck.

Edit: Also, this is why it is more useful to reason from first principles than ((they)) are out to get you. Look at my simplistic explanation of why they aren't going to hit your one little dinky stop vs your paranoid method of trading.

Again, agree to disagree. Your stops are never invisible to parties that make the markets. And that's what matters. You don't think brokers and investment banks communicate with each other?

i wonder why noone ever asks why the spreads and commissions are practically zero

But i'm in no place to start an argument with you. Everyone has a right to believe what they want. I might as well be paranoid as you stated

nooby_mcnoob · Jul 10, 2022

Lucas_Paul said:
Again, agree to disagree. Your stops are never invisible to parties that make the markets. And that's what matters. You don't think brokers and investment banks communicate with each other?

i wonder why noone ever asks why the spreads and commissions are practically zero

But i'm in no place to start an argument with you. Everyone has a right to believe what they want. I might as well be paranoid as you stated

Since you have no idea what you are talking about, that makes sense.

Lucas_Paul · Jul 10, 2022

nooby_mcnoob said:
Since you have no idea what you are talking about, that makes sense.

yeah...

here's a fun idea. Why don't you post your live trade ideas here. You know, live calls, position sizes relative to account size on each trade, SL and TP's. Let's see how it goes

since there's no market impact. Let's all win together

nooby_mcnoob · Jul 10, 2022

Lucas_Paul said:
yeah...

here's a fun idea. Why don't you post your live trade ideas here. You know, live calls, position sizes relative to account size on each trade, SL and TP's. Let's see how it goes

since there's no market impact. Let's all win together

I have no desire to prove myself to anyone so there is no need for me to do that. By what you have said, you have made it clear you trade like a retard.

Lucas_Paul · Jul 10, 2022

nooby_mcnoob said:
I have no desire to prove myself to anyone so there is no need for me to do that. By what you have said, you have made it clear you trade like a retard.

i wonder why noone wants to prove they can trade, but are so keen on talking how well they know how they trade, tho. Your Sharpe and returns are waaayy beyond funds that manage billions and yet here you are, not wanting to prove you're a talent

it's like you hate money and yet want to be a trader, lol.

oh well, i'm a retard, probably that's why i can't figure it out.

btw SelfMadeDude, i admire your public challenge. At least u walk the walk. Others just flex with empty words. Keep it up.

nooby_mcnoob · Jul 10, 2022

Lucas_Paul said:
i wonder why noone wants to prove they can trade, but are so keen on talking how well they know how they trade, tho. Your Sharpe and returns are waaayy beyond funds that manage billions and yet here you are, not wanting to prove you're a talent

it's like you hate money and yet want to be a trader, lol.

oh well, i'm a retard, probably that's why i can't figure it out.

btw SelfMadeDude, i admire your public challenge. At least u walk the walk. Others just flex with empty words. Keep it up.

Most traders understand capacity. A multi billion dollar fund would be stupid if they traded like me.

People are also motivated by different things. I am motivated by self control and trying to understand a difficult topic.

For example, here is a call with price action made six months in advance: https://www.elitetrader.com/et/threads/bitcoin-freefall.363525/page-9#post-5508728

I did not do this for any reason other than to TEST my skills. Time told you the result (spoiler: I was right.)

There is another Bitcoin post somewhere on here. I am now starting to swing trade crypto, so you will probably never hear about me talking about Bitcoin again.

It's just how I am.

I figure it out, then I move on to the next thing. I'm sorry if that hurts your feelings.

Lucas_Paul · Jul 10, 2022

nooby_mcnoob said:
Most traders understand capacity. A multi billion dollar fund would be stupid if they traded like me.

People are also motivated by different things. I am motivated by self control and trying to understand a difficult topic.

For example, here is a call with price action made six months in advance: https://www.elitetrader.com/et/threads/bitcoin-freefall.363525/page-9#post-5508728

I did not do this for any reason other than to TEST my skills. Time told you the result (spoiler: I was right.)

There is another Bitcoin post somewhere on here. I am now starting to swing trade crypto, so you will probably never hear about me talking about Bitcoin again.

It's just how I am.

I figure it out, then I move on to the next thing. I'm sorry if that hurts your feelings.

nah, my feelings are not hurt (even with all the offense,lol). I blame social media in general

a multi billion fund would allocate a 100M to you, i'm sure you won't have a capacity problem there. You'd be making 7 figures every year for yourself without even risking your own money.

nice call on btc. Can you do SPX now?
Consistency matters. If i'd value you, i'd need a result from like 1000 trades. Then i'd see your position sizes, open drawdowns etc. Like actual trades.

And i'm encouraging everyone to start a journal and post live calls. You'll learn much about yourself and others see the results of your work. If you're good, you'll be picked up in no time, now who wouldn't want that

Everything else is just fake flexing and wasting time, imo. (This wasnt directed at you, so dont get upset again)