Quote from bobcathy1:
Tampa...
This is defiantly one of the weirdest trade setups I have seen.
Do you make money at this? I do not mean to be critical.
That is a hell of a lot of trades for one day. Take a look at the Chimp. You can do this kind of scalping with it and have a better chance of success.
Strange looking vehicle. All entries and no exits. Kind of like a Pinto or a Corvair.
I try to get more mileage out of my entries. Few points profits, one point loss.
Cathy

Quote from redzuk:
You have to reverse the opposite of what you would have done with the exit not the entry.![]()
You reversed the risk/reward of the original setup by reversing the entry. If you really want to use yourself as contrary indicator don't mess with the entry. Reverse r/r, and use an emotion based exit. Bail out when you feel confident in trade that moves quickly the right way. Dont take that loss right away, wait for it to really move against you, but cover near break even.![]()
With compounding you'd be even in much less time, prolly one year.Quote from tampa:
One guy, who calls himself Sarasota says he averages better than 10 ES points a day â averages better than 10 points a day. Oh man. If I could do that with seven or eight contracts, Iâd be even in nine, maybe ten years.
