they'd be losing same as the entrants who breakeven or experience slight loss the other side of a losing system is a losing system... everyone knows that
I reached a point where I'm simply not interested in doing battle with ES when the VIX is at 12. Some days it moves far enough to enjoy profitable results, some days it just chops inside a dead range all session. Worst-case for me is I'm trading TF & CL for myself, same as usual no changes there. With the four-week period ending tomorrow, right now I'm up +421 cents CL and +35.7 points TF along with whatever happens tomorrow. So a few contracts either side for myself and I'm not worried about a thing. If possible, I'll add size in CL and possibly TF inside TST funded status, which only happens if the entries can be scaled to control downside risk while using favorable leverage. So that's what I'm working on here and now. But for others, ES or NQ or 6E or whatever else is perfectly fine
Yup. I passed all requirements but the profit goal last time around, so I "popped" and now I've playing my free game. The way I look at it is I don't have $30k but I have $175 so the potential benefit far exceeds the cost. That being said I won't continue to throw money at it if I'm making money but not getting funded because of the hoops. I'd be better off selling a kidney.
To me the terms "profitable scalper" and "sasquatch" are synonymous. Plenty of people swear such things exist, not a soul has ever been able to produce hard evidence of either in reality. As for myself, I've logged and booked roughly +$4,000 per each CL and also for each TF contract in the past three weeks and four sessions... doing the polar opposite of "scalping". I don't know if any actual scalpers out there can document +$8,000 for each CL and each TF single contract combined... but every single trade result of mine is visible in public. ** Two times in the past three sessions including today I held four-lot (before) and five-lot (today) that went 100+ cents in favor from entry. The market did not care if I exited for 2 cents, 10 cents, 30 cents, 50 cents or 101 cents. The market did what it does and went where it was going to go, regardless. The market doesn't even know I'm alive. Where I opted to exit those trades was my own individual choice. In the next six days and beyond, I'll make better trade-management exit choices
i think you live or die by the sword. do what you know, and if it works, good. if not, well do something else. if you have been trading for years, why change if you believe in what you do. if not, well, that is for another thread. journal might be good to not make the same mistakes, but bottom line is the P/L. always has been. i think keep a good, positive mindset and be totally relaxed. and whatever happens, happens.