Lol safe place. Even after doing this for years like you, it does always seem like long trades rally their tits off immediately after my exit.
Need somewhere to think out loud,
- Thread starter Turveyd
- Start date
50% of the time, they will which you remember, 50% of the time, they'll retrace which you forget, it really is a gamble, it's never ever easy!!
How many years in algofy ?? profitable yet ? or anywhere near ??
Score on the week +$124 not enough
Total Trades 19, 15 profitable, 4 not, 79% profitable rate, that's okay
Just shy of +200% here, $120 off highs from week before.
This weekend, will be devoted to increasing profits, trades, time spent, maximising the time I have, not wussing around.
Might start trading NQ, 1pt spread no comms not great but okay, average move 7-8 from the look of it during US Session, Margin rate is super low I could trade at $60 per pt scarey but get 7pts profit that's $420 in no time, tempted. Trends well aswell well did today.
Total Trades 19, 15 profitable, 4 not, 79% profitable rate, that's okay
Just shy of +200% here, $120 off highs from week before.
This weekend, will be devoted to increasing profits, trades, time spent, maximising the time I have, not wussing around.
Might start trading NQ, 1pt spread no comms not great but okay, average move 7-8 from the look of it during US Session, Margin rate is super low I could trade at $60 per pt scarey but get 7pts profit that's $420 in no time, tempted. Trends well aswell well did today.
19 trades, for 124$ ( or is it 1240$ ?).
How much did you pay in commission and spreads for these 19 trades?
Also, to have a good idea of things: what is the capital base to generate 124$ ?
How much did you pay in commission and spreads for these 19 trades?
Also, to have a good idea of things: what is the capital base to generate 124$ ?
6+ years in total l, had a really great 2016, some drawdown in 2017.
Yes $124, comms and spread guessing 250, 4K account. 1 trade wiped out 300 working hard to reduce losses.
4hrs total trading time, not a bad hourly rate.
Keep trading same, double account, up hours to 20 then 1k per week, can live on that.
Its never easy, as long as your learning you've got a chance, worry when you stop.
Score on the week +$124 not enough
Total Trades 19, 15 profitable, 4 not, 79% profitable rate, that's okay
Just shy of +200% here, $120 off highs from week before.
This weekend, will be devoted to increasing profits, trades, time spent, maximising the time I have, not wussing around.
Might start trading NQ, 1pt spread no comms not great but okay, average move 7-8 from the look of it during US Session, Margin rate is super low I could trade at $60 per pt scarey but get 7pts profit that's $420 in no time, tempted. Trends well aswell well did today.
IMO steer clear of index trding, a mug's game.
But each to his own.
Trading is trading, as long as the cost per trade is worth the upside and the momo holds most of the time then it's all good.
DAX was the baby, but these days it's slow, Margin is through the roof like 4x's NQ and no momo
Around 3% on 4k. Are you on high leverage as well?
Just thinking, it looks like you are in real partnership with your broker :
250$ for the broker, 124$ for you.