I have been trading the ES for about 8 months now everyday in SIM mode. All I can say is there are 100 different ways to trade it, but you have to choose a few ways. You can counter trend, guess, speculate, or trend trade the ES.
I am not a profitable trader as I am practicing in SIM mode everyday when I leave work and on weekend. I review my trades, get mad at ones I missed, get happy when I do something right, and get mad when I do something wrong. I make observations while market is going on. I make a plan each morning what I plan to do. I record where I need improvements. I struggle on entry, timing of entry, hesitation, second guessing.
In my opinion, any market is tradeable, it’s all about how you want to trade and what you want to do. I like the ES because its $50 per point, and I can meet my daily income goal in a short amount of time with less trading during the day.
You can always go back and back test a few months in sim mode for your style of trading. But first you must stare at the chare and look for opportunity to make more money, then lose money. Then you test it. Then you follow that method to daily.
I think about my system constantly and constantly optimizing it. I am always asking myself if-then statements, just like a robot. Because I want to be a robot when trading.
Is trading the ES challenging, of course it is. Nothing is easy and no one is going to give you answers. I have the chart and that’s all I need. My practice is my practice.
Like Handle123 stated above, I question everything on my trading system and I better have an answer for it, cause the market will test you.
I am not a profitable trader as I am practicing in SIM mode everyday when I leave work and on weekend. I review my trades, get mad at ones I missed, get happy when I do something right, and get mad when I do something wrong. I make observations while market is going on. I make a plan each morning what I plan to do. I record where I need improvements. I struggle on entry, timing of entry, hesitation, second guessing.
In my opinion, any market is tradeable, it’s all about how you want to trade and what you want to do. I like the ES because its $50 per point, and I can meet my daily income goal in a short amount of time with less trading during the day.
You can always go back and back test a few months in sim mode for your style of trading. But first you must stare at the chare and look for opportunity to make more money, then lose money. Then you test it. Then you follow that method to daily.
I think about my system constantly and constantly optimizing it. I am always asking myself if-then statements, just like a robot. Because I want to be a robot when trading.
Is trading the ES challenging, of course it is. Nothing is easy and no one is going to give you answers. I have the chart and that’s all I need. My practice is my practice.
Like Handle123 stated above, I question everything on my trading system and I better have an answer for it, cause the market will test you.
