My Trading Quest - Can I be Profitable in 90 Days?
- Thread starter eRESULTS
- Start date
DAY 28 – Apex Sniper Trading Bootcamp – Daily Review …
Today is the second day of Sim Trading …
Actions I took:
Over the last couple of week’s Apex have introduced two new trade setups and a third one today.
I have learned them (easy) and watched them on the live charts. I have decided, not to use these until I have results from the original boot amp setups. I will keep watching them to see how they perform.
The Second day of Sim Trading
The following are the 3 trades that I traded today.
2 ES and 1 NQ trades that all went to target. Total Profit $210.
The running P/L for 2 days of Sim is $312.50
I didn’t make any mistakes today and achieved 3 – 0 and then stopped trading.
The question is how to work my modified 3 – 3 when I am trading two instruments of different values?
My options are:
I will review these options to see what I prefer.
Potential trades for Tuesday for ES and NQ
Good trades could be found on both ES and NQ.
The Potential Trade stats look really good with an average of over 90% win rate.
Even though it would appear that the potential is there, you must remember that these are based on 23 hours per day and the sample is still relatively small. The indications are great but the real results becomes reality when you trade live.
I will report back tomorrow on my progress and any lessons I learn
Disclaimer
I am not affiliated with any of these companies.
Today is the second day of Sim Trading …
Actions I took:
- Listened to today’s webinar
- Listened to the trading room for the first 90 mins of the US Open
- The second day of Sim Trading
- Reviewed the potential trades for Tuesday for ES and NQ
Over the last couple of week’s Apex have introduced two new trade setups and a third one today.
I have learned them (easy) and watched them on the live charts. I have decided, not to use these until I have results from the original boot amp setups. I will keep watching them to see how they perform.
The Second day of Sim Trading
First, I have a question. Should I post my charts or just the results like below?
The following are the 3 trades that I traded today.
2 ES and 1 NQ trades that all went to target. Total Profit $210.
The running P/L for 2 days of Sim is $312.50
I didn’t make any mistakes today and achieved 3 – 0 and then stopped trading.
The question is how to work my modified 3 – 3 when I am trading two instruments of different values?
My options are:
- Ignore the value and just stop at the 3 wins or 3 losses?
- Balance the instruments by trading 1 ES and 2 NQ per trade?
- Trade the mix until I profit $250 Net or Lose $250 Net?
I will review these options to see what I prefer.
Potential trades for Tuesday for ES and NQ
Good trades could be found on both ES and NQ.
The Potential Trade stats look really good with an average of over 90% win rate.
Even though it would appear that the potential is there, you must remember that these are based on 23 hours per day and the sample is still relatively small. The indications are great but the real results becomes reality when you trade live.
I will report back tomorrow on my progress and any lessons I learn
Disclaimer
I am not affiliated with any of these companies.
Per your question my recommendation is to show the results only. Without having the apex setup in your trading platform the charts are somewhat meaningless.
The 90% win rate is the paper trades only-correct and does not sim trading? Will be interesting so see how the paper and sim trading correlate.
The 90% win rate is the paper trades only-correct and does not sim trading? Will be interesting so see how the paper and sim trading correlate.
Hi Evgeniy,
It will depend on what broker you use and the system you are using.
Some brokers will allow you to trade 1 contract ES / NQ with $500 and you trade the micro market.
With this system, I personally would have $5000 and trade the emini's. But why risk your own money when you can use someone elses money for minimum risk and cost?
Cheers
Garry
It will depend on what broker you use and the system you are using.
Some brokers will allow you to trade 1 contract ES / NQ with $500 and you trade the micro market.
With this system, I personally would have $5000 and trade the emini's. But why risk your own money when you can use someone elses money for minimum risk and cost?
Cheers
Garry
Good morning Harry!
Yes, I understand the conditions of brokers. I asked about Apex recommendations.
You asked, "Should you publish graphics?" I think it’s worth it - this will be an additional criterion for self-testing according to the entry rules. You will be able to check the quality of your transactions.
Yes, I understand the conditions of brokers. I asked about Apex recommendations.
You asked, "Should you publish graphics?" I think it’s worth it - this will be an additional criterion for self-testing according to the entry rules. You will be able to check the quality of your transactions.