Is it possible to Grind the ES ? We'll see ... I am all in with 1K that I've build up from 600$ since 08.01.16 (August 1st 2016). IMHO I've underperformed due to psychological reasons. Not saying I won't blow up. I am grateful for what's happening (1st profitable month over 4yrs) even if today (again) I've been one finger away from ruin thanks to one BS trade (Not Plan Based) that gone wrong + another BS trade (Over Leveraged + Not Plan Based + Not Monitored + No Stop Loss) that I took to recover my previous loss. Luckily I ended the day up by 1%. Fortuna's with me. So ... I am here to write thoughts, scores & Co for being able to keep myself accountable (Keeping a Journal) toward myself and see how I evolve. Uh ... We can't grind but speculate. So I'll do my best to average 1Pt per day -> 20Pts per month. My own margin is 2K per contract so I won't double my exposure till' 4K is met (If met, dear friends). 4K is expected on 12.01.16 (Or not). Day 0 : 0Pts : 0
Please, excuse my bad english but "08.01.16" actually meant "August 1st 2016" (1mth). I care about not blowing up. But I can't tell I won't blow up. Edit : Added parentheses in the OP
@Apophenia Keep it up. keep banking your 1pt a day! 200 trading days X $50 per day = 10K per year off $600. epic
I take it you don't trade futures Jack Rab? That is overnight margin. Day margin can be anywhere from $400 to $1K
I like this 1 ES point a day guy .. Rooting for you man! Refreshing to see a humble trader doing well - like the little engine that could... The journal is a powerful tool for all levels.