Crazy paper trading day

Discussion in 'Trading' started by farmerjohn1324, Jan 6, 2023.

  1. I closed out for a profit of $1312.50 fake dollars (8.75 points).

    Not sure how to improve upon this. I still think the market will continue to go up, but I have to take profits at some point.
     
    #101     Jan 9, 2023
  2. TheDawn

    TheDawn

    It's both. I have a trading plan but I make discretionary adjustments when I see it's needed. But that's not the problem. The problem is the big drawdown that just comes once in a while that's totally unexpected. And it wipes out a majority of my profit and I have to start all over again.
     
    Last edited: Jan 9, 2023
    #102     Jan 9, 2023
    semperfrosty likes this.
  3. SunTrader

    SunTrader

    So that is your winning formula?
     
    #103     Jan 9, 2023
  4. Did you even read the post?

    Do you have any useful input?

    Are you a successful trader yourself? Prove it.
     
    #104     Jan 9, 2023
  5. SunTrader

    SunTrader

    I'm not the one claiming to be a millionaire builder who has never had a losing construction job. Prove that.
     
    #105     Jan 9, 2023
  6. That's also not the point of the forum.

    It's supposedly about trading strategies, but I think it's more about losers trying to insult people because they don't have the answers.
     
    #106     Jan 9, 2023
  7. destriero

    destriero


    Prove that you made money today in a production, not sim, account. You cannot bc you're false. WTF can you possibly hope to gain with this thread?

    2023-01-09_8-28-46.png

    This was also sim?

    https://www.elitetrader.com/et/threads/party-starts-at-2-30-eastern.370753/page-2#post-5707879
     
    #107     Jan 9, 2023
  8. #108     Jan 9, 2023
  9. SunTrader

    SunTrader

    So its not the point when I ask but it is when you ask. Got it.
     
    #109     Jan 9, 2023
  10. Yea the point of the forum is trading strategies. It's not called EliteRealEstateDevelopment.

    Whether the money I might use to trade came from home building, winning the lottery, owning a convenience store makes no difference to what SHOULD be talked about on here.
     
    #110     Jan 9, 2023
    TheDawn likes this.