I would think so.
The fact you should bandy these figures tells me you are either (a) clueless (b) a trading genius.
Trading full time from home.
- Thread starter bluejack
- Start date
The fact you should bandy these figures tells me you are either (a) clueless (b) a trading genius.
Well,
A) He's not a moron, he's just a bit gruff. You know, rough around the edges. You get that from many here. I'm that way also at times, I admit it.
B) The return seems unrealistic without more details such as how much drawdown was suffered, how many contracts, etc blah blah blah. Not to mention, it is only 3 months. For example, how did you do these past 2 days with the giant swings in equity/commod futures, if that is what you trade?
Well.. I haven't traded those figures and not there yet. So just asked.
A) I can see a bully from a mile. Been there.
B) Good question. Last 2 days, I am BE, luckily. Yesterday had some loss and recovered it and just did BE literally. Today I went short and closed for loss. Then with PA reading, my hunch was like it's gonna shoot up and that's what happened. Didn't make much money, but came out positive. for the day.
Just remember 60 days is nothing in the scheme of things. You're in "fooled by randomness" territory. It's also possible that you're somewhat in tune with the current market (mostly bullish/low vol) but things would be very different if the market has a regime change. Are you trading an objective system you can back test at least 15 years...preferably longer with some out-of-sample periods?
I know of a guy who was allegedly a very good day trader around 2001-2002 and eventually ran a chat room and sold his services. He was absolutely lost in the more bullish and mild markets between the Dot-Com crash and 2008....didn't do well at all for his "students."
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No, I won’t. Why post BS graphics when you can post actual runs?
Trading pocket change doesn’t take skill. Post your daily run when you’re trading the big contract.
Survivorship bias is the only reason you are posting—the outcome would have been a lot different had you started with the bigs.
I think people are judging here than helping. I am here to get some tips from the retail pros.
Thank You for the tips. It's day trading. So there is no bias.. but today, i made a stupid mistake of looking at the H4 chart and went short before the open, paid the price. Just wanna come out positive for the day if possible or stop trading once the daily $SL is hit. IMHO, if back-testing helped, many would be billionaires by now with the EAs they have. All these years i tried to take the shortcut with EAs in forex, and you know what has happened.
Thank You for the tips. It's day trading. So there is no bias.. but today, i made a stupid mistake of looking at the H4 chart and went short before the open, paid the price. Just wanna come out positive for the day if possible or stop trading once the daily $SL is hit. IMHO, if back-testing helped, many would be billionaires by now with the EAs they have. All these years i tried to take the shortcut with EAs in forex, and you know what has happened.
A mistake. There are probably 20 profitable traders on this site.
Jeez.. I am trying to see and get some info from the people who trade big lots. I know it's a different game, when I see too many 00s in negative than the small account. Like I said many times, I started this thread to get some tips and suggestions from successful people. Are you dyslexic?