Considering that it is ES, most likely some reverting to mean approach. 2pts is just 8 ticks. You probably don't use stops, or if you do, very large one so not to be swiped by noise. If you do breakout, it's similar. Take 2pts during large volatility, maybe off the 1-5 minute opening range. Possibly averaging in. 1000% in 4 months is doable like I said. I've done close to that with journal in other forum at like around 25-30k starting. But i did it with high risk. I have a feeeling you did too starting with just 5k and trading ES.
Exactly, but how possible is it to do it now with way more money on the line. Even if the ES can handle your order going from 2 contracts to 10, the question is if you can handle it psychologically. The trick with these types of trades if you gotta keep taking them. But the psychological loss after a few in a row makes you re-evaluate everything and then one drawdown makes you stop.
No, your friend asked someone to be banned for saying you are a liar, but then called someone else another name. So if being banned for calling people names is a rule, then both people should be banned. If it's not a rule, then neither person should be banned. I am not discriminating, I am asking for equal justice. You want the same rules that Twitter had before Musk took over. You and your friend only want your enemies to be banned for not agreeing with your world point of view. Also, you have no understanding of what free speech is. You are free to speak how you like and not have the government come down on you, but this is a private website that can set whatever speech rules it wants to have on its site. However, you are free to leave if you don't like it.
Can't a trader get any credit for accumulating at determined levels anymore? If my research and instinct makes me believe that anywhere under 30 is a savvy buy based on my projection for 10 years down the track then am I wrong based on the products movement over a year? I sense fear in those with no skin in the game,who could keep on walking by but choose instead to stop and emotionally comment.
I suppose it depends on how you arrived at your 10-year projection. Care to share? Also, does a 10-year timeframe preclude you from even considering market timing?
(The Daily Upside) A Little Birdie Told Us: In other is-this-for-real Musk-related news, Twitter could be joining the crypto market. Rumors are spreading of an upcoming currency known as “Twitter Coin.” Images of a gold coin emblazoned with a white bird and a tipping feature are circulating. It wouldn’t be a surprising move for Musk, an unabashed crypto champion. Tesla once held $2 billion worth of Bitcoin, and on Monday, Musk reactivated multiple Dogecoin Twitter accounts, saying “(Our) team was a bit too intense with spam/bot suspensions. Moving to chill mode.”
I don't see how it matters to anyone else how I arrived at my own decision.Most of us are seeing the exact same data and making our own individual interpretations. One party is right,one party is wrong.One party is right right now and will be wrong later etc etc. I'm not trying to time the market and I haven't heard many success stories from people who attempt it. I am accumulating. Similar to the big boys,I am in an accumulation phase. I believe the price is low so I am buying. It probably shouldn't frustrate me,but it does,that crypto attracts commentary from traders not prepared to take a position either way,yet their(usually bearish)opinions are so emotionally charged. Baron should apply for a gaming license and any trade commentary on ET should be accompanied by a $1 stake from the commenting member.A disagreeing member would take the other side of that trade for $1.Most dollars at the end of the year is the greatest! hahaha. Forget Crypto,thats a million dollar idea right there! A trading site where the scoreboard shows who's been right and wrong the most.hahaha Anyway boys,time will reveal all.