Won $700 with Micro S&P futures!

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Congratz John, but beware, if continuing with RRR like this, one hit - and afterwards, you will have to be right, at least 3 times in a row, just to break even.
 
Nobert said:
Whom else he is supposed to share good news like that with ?
Garbage man ?



Congratz John, but beware, if continuing with RRR like this, one hit - and afterwards, you will have to be right, at least 3 times in a row, to make it back.
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I know. Did you read my post a couple days ago about analysing past 20 years of daily data?

According to that, it will hit my TP 94% of the time. I expect to have losses.

So far in real, I'm 2 wins and no losses. Including paper trading, it's 5-1.
 
farmerjohn1324 said:
I know. Did you read my post a couple days ago about analysing past 20 years of daily data?

According to that, it will hit my TP 94% of the time.
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No, i haven't.

Personally, i don't look at any data, when RRR 4:1.
Data becomes irrelevant.

For example, somewhere they mention, of never taking a trade , if it isn't,
at least 1:4 to their favor.



In yours case, it's 4:1 against you.
Data is irrelevant if odds doesn't make sense.

Paul Tudor, mentions here, ,,my RRR is 1 to 80 ''


And dozens of other examples.

Learning, from the best, simple as that.






People reacting because of the word ,,Won''.
At first, glimpse i thought that it's some random noob from WallStreet bet's, who came to brag.

Made or earned - sounds more professional.

But - won. Nah.. :)
 
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