%% LOL your post was so hedged ; cant really argue with it. Not sure many profitable traders would let us know what they did ,much or not much; but i dont do micro, or a '' fine line'' so you maybe right
If it was evident that would you have more success on an 30 minute chart.Would you still use your 3 minute chart for the 'action'.Serious question and I guess I am asking if you are addicted to chart movement rather than making money. Also,while I have you,could you direct me to Volpris threads? I havent seen his name around for a while.What would say are the biggest differences between he and Scat?
Good Morning rb7, Thank you for this question. For me, I trade 2 ES contract because I am trying to scale from 1ES contract to 100ES contract. It is not that I do not have the money to trade 100 ES contracts, but lack the confidence (need to prove it to myself first) right now in my trading. Yes, i would love to just from 1ES contract to 100ES contract right now, buttttttttttttttt hmmmmmmmmmm tempting.....hmmmmm trust me I do think about it. I struggle with that decision a bit actually. So, I just stay small and work my way up.
%% Congrats on your honesty. I seldom say something like this, but i never considered drawdoWns an enemy; even though i dont want deep drawdoWns on all my stuff. Looks like with even smaller trading sometimes like a cash markets you were profitable /even if its not as thrilling\fun. And thats why i seldom note this. I dont mind a big move against me/ as long as i have or have good chance for a bigger trend in my favor.............................................................
Thanks for the response mate. I guess you are trading when you get a break in the weather at work,which makes a bit of sense. Maybe consider a set and forget trade on a longer time frame? Or maybe youre on the right track already.Who knows.Im no expert.