You already said your recovery mode system is close to 100% with 1-2 points profit. Now you're saying that we don't know the results of your trend following system, which is true, but you're insinuating that its better than the recover mode. What is better than close to 100%? Seriously, with such a good win rate, and the liquidity of ES, you should have no problem trading 20-50 contracts. Is this not enough money for you even if the profit is just 1 point? You say that you're not going to make anyone smarter, but I think the key here is to let some poor sucker reading this thread realize that what you say is rubbish unless you can back it up with hard facts, examples, and proof.
So for you the winning rate is the only important thing? You are a stupid newbie if you think the winning rate is all that matters. LOL. Probably never heard about average profit per winning trade and average loss per losing trade, slippage, commissions and all the rest that matters... And then I still don't speak about the personal interest. Not everybody likes to jump in and out all day. There are people that prefer a less stressful way of trading with 2-4 trades a day. Real traders don't think only in $$$, newbies who have no money think always in $$$ as they have no money. At a certain level quality of live becomes more important then $$$. You are still far away from that level, that's clear. I will decide what and how I will trade. And I don't feel the need to proof anything. It is not because I don't trade the way you would trade that you proof that I am fake.
You were the one who claimed your 1pt to 2pt ES scalping system has a win rate of almost 100%. Clearly win rate is important to your strategy of coming out of drawdowns very quickly. And you never mentioned your average loss size with this system. Leaving the reader to assume the average loss size wasn't large enough to be worth mentioning. Are you now saying the average loss from this system is in fact very large relative to the 1-2pt profit target?
To have an honest, not biased discussion you need to have all necessary and essential information. Without that you can never have a discussion that makes any sense. You and your friends started already to bash even before this information was available. In fact till now this information is still not available for you. There were only lots of biased assumptions. There are two possible explanations why you did not ask this essential information: 1. Or you and your friends have no clue about trading as you don't even know what is essential information and what is not. 2. Or you and your friends are so obsessed to fight everybody who makes claims that go above average, that you simple start bashing without even checking what is posted. In your "holy war" you even did not think about it that you missed a lot of information to draw any honest conclusion. The recovery mode is specifically built to recover quickly with if possible no losing trades as this would be bad for the drawdown. To achieve that I need to compromise on other things. The trendfollowing system has more risk to increase the drawdown as it is not build for the purpose to have no losing trades. It is built to generate lots of profits with the best possible ratio that I could achieve and take the max out of each wave. For me all discussions are closed now. Apparently I am fake and you and your friends are the experts. I cannot teach you anything as I am too stupid.
For someone who claims to be so smart, when you say the recovery mode is to recover quickly, you build into this the notion that your 1-2 ES points with an almost 100% guarantee do not have any great risk, as in, hardly ever do you see a huge draw down with this method. We all know that if you make 1 point 90% of the time, but when you lose, you lose 10 points, then this isn't such a good system. You're the one who said you recover very quickly, so there is no reason to assume that you hit this 10 point or great loss, after your already 3 point momentum trade loss, because now, recovering from a big hole would be that much worse. You are absolutely right that you didn't give enough info, but instead of this showing that we are dumb, what is in fact happening is that you're using it to hide something, which you can then later use to twist and turn the facts of your magical system. You were never looking to teach. Anyone reading should be 100% aware that those who aren't 100% up front with showing every single trade has something to hide. You cannot make a statement that you have a close to 100% win rate on a recovery system and then not want to produce results. Now you run away as if you are hurt. Troll.
Lastly, I asked for exactly this, in the form of a chart. I said I wanted to see trades marked by the platform. This would have given me exactly all the important information such as how much against you price goes from entry, how often you enter, etc. You're the one who failed to produce the chart, which would have the stats visible in plain sight.
To better understand replies about being able to daytrade and recover from drawdown in very short period perhaps should read this thread and think for himself between wildly exaggerated claim and the actual facts.Similarly claims that come with no explanation https://www.elitetrader.com/et/threads/is-anyone-consistently-profitable-with-the-es.286440/
And to me. People are not thinking it through. If you say "no drawdown lasting more than 48 hours" it sounds far-fetched, to some. They fail to appreciate that some people take 15 ultra-fast trades per day, and if you say "no drawdown lasting for more than 30 consecutive trades" that's obviously perfectly reasonable. Drawdown durations measured by numbers of consecutive trades impart more significant meaning than those measured by time elapsed.
I agree,this is why i state it's impossible to know duration of a drawdown on consecutive time basis regardless of how short time horizon trades were executed.Because distribution of profit and loss will vary even in robust system with an edge. If someone wants to mislead others that they daytrade with knowledge that they will have no drawdown lasting three days if you want to believe it think again how ridiculous this sound. Telling me two people might trade differently is not gonna prove anything,only puts reputation of such claim into question. It will not help novice trader and will only confuse him,there is no control over chaos,none,zip.The actual profitable strategies will have results that vary and time to recover is never consistent. Also curve fitted results will not overcome this fact if you did many backtests.