Hey, I already said (in the other Gauntlet thread) that I took the Gauntlet and did not have a single profitable week so I set the bar low and the pressure is off of you. You are correct in an earlier comment that the Gauntlet is a tremendous learning experience.
It's not easy making 10% in 60 calendar days. I had to increase my trade size. I must trade less. And I need to stay away from the ES. ES
Handle, Thanks! I do not trade the ES that often now... but I watch my trading partner trade it all day long by camera. I will watch this characteristic that you disclose and mentally trade his chart...I took the fricken DOM for the ES OFF MY SCREEN except for certain times of the day. ES
Today I made back some of my loss...my balance is $24,908.71. My trading is lackluster after 7 full days. I do not lose much but I do not make much. Es P.S. A fellow trader called me to ask how I did today. He said that I should not be down $100.00 after 7 full days of trading 25K
Easy for someone not walking in your shoes to say what your trading results should be. You are not suffering a meaningful drawdown which is a huge part of what Helios will be looking at. You have 8 weeks left to catch a few good moves in bonds to make the $2500.
Illini, That was a kind thing to post. I am sitting here and feeling real good from what you posted after something happened real bad to me. But I must get "with it" soon as I would rather have the profit that my rules state. My trading partner withdrew from being my partner as I told him what that trader said about trading 25k for 7 full days without any profit. My partner did not know what I intended by telling him that... and got offended and asked me not to contact him anymore. He cited several trades that I missed (10 ticks in the ZB equaling $312.50) and reminded me he made 5k yesterday. He did not agree with how I bracket all of my orders. I also made two mechanical mistakes that added up to losing $350.00 but he did not remind me of those. I learned some stuff and I am trading the same the way that he taught me. Lets see how my day turns out. Thank you for reading ES
I made this change over the weekend before the other changes could take effect. This journey is a long journey and I need more flexibility. So no harm no foul and again Ryan understands and said no "problem". Please excuse the changes. I have decided to add pattern matching in the NQ, YM & ES to my trading along with trading order flow with the extremes of the Uni-Renko bars. daily target: $200.00 daily loss: $1,000.00 weekly target:$500.00 weekly loss: $3,000.00 monthly target: $1,600.00 monthly loss: $5,000.00 I trade the ZB with the extremes of order flow in the Uni-Renko bars. I may trade in the night session. My stop losses are never widened. Other instruments being watched are the NQ, YM and the ES for pattern matching set-ups. There may or may not be trades in them.
Hey you guys I did good today...My balance is $26,105.62. I am almost half way there after 7 full days of trading. Finally! Its too bad my trading partner could not see this. The pace started dropping in the YM, ES and NQ and that is where I made all my money today. I made 93 bucks in the bonds. TRADING ONE CONTRACT. I MADE A TOTAL OF 4RT'S TODAY. ONE IN EACH INSTRUMENT. I am flat and going to go lay down now. ES