Thank you. Took a loss this morning that would have turned into a profitable trade. But better safe than sorry ! I've not experienced it yet but that would be a tough position to lose too much on a trade. Max daily loss is 3K but let's say you lose 2K on a position. Weekly max drawdown is 4.5K so you're 1.5K away. Max loss should be 500$, 1K$ max. Wish you the best with your trading too !
Based on current stats and Monte Carlo Simulation my Max DrawDown is 12% Or 18000$ which is four times TST's 4500$ max DD. Should be trading, risking, one fourth. This is over 253 trades, 100k run times.
LMAO mid price is running outside from the Bid/Ask spread. I've done some little scalps (2Pts) 1 contracts. Nothing WOW yet. Not bearish AF anymore. Maybe more bullish than bearish.
Done for today. Took 5 scalps and one quick 10Pts trade. All short on the way up. But timely ones. 940Net.
Currently Short 1 @ 3085 Target 3020 Bullish but betting on a retracement. Upside 200 Pts Downside 100Pts EDIT: Got out +1 tick EDIT: Seller around 3115
This guy got it ... 3100-3025 75Pts x 1600 contracts $6M #1 Edit: We’ve made a triple top @ 3100. But I am still looking to short 3110-20 #2 Edit: Yesterday TST's report. #3 Edit: This is how I see it. Problem is I don’t have 50Pts risk. And if we go to 3150 we're likely not to retrace more than 3100.
Made 2 attempts to short earlier. Finally went short later @ 3077.5, closed it by mistake @ 81 Went short @ 3080,75 for 30+ points. Crazy how this market does not want to retrace. We've made 8% without proper retracement.