Say across a span of 100 trading sessions, is it possible for a master ES daytrader to consistently capture one-half of the daily range after costs with a low risk of ruin? Please share your thoughts on the possibility.
You trade? Last I heard when the market opens you leave to go grocery shopping and get your nails done. When the mkt closes you are back at your desk
LOL, and I still made enough to scare your weak ass away from posting your blotter against mine ... heh. Wha a Jackass P.S. The offer is still on the table, putz. Check your PM's dipstick.
R. Raskolnikov took a job as fluffer the last time he blew out his account ... that's probably where you're getting it from. But it's completely one-sided ... unless there's something going on between you and him that the rest of us don't know about.
3x ATR is good if its like your first week trading. as mandlebroset said, 6x is good once you're past novice level. i have a blackbox system running on ES, NQ and 6B that pulls 27x, 25x, and 15x ATR, respectively). Unfortunatley im only able to trade 50 ES cars at a time which limits my daily P/L (after commissions) to around $75k. Everything is automated so i just sit back and watch my account grow while i drink $20k wine and read Trader's Monthly. Sometimes tho when the weather is nice i'll go out and polish my Veyron instead.