the only way to learn is the hard way...... the nice thing about TST is that they do not let you get carried away.....you cannot trade more than 2 contracts any way..... but that makes it difficult because the market will always do something different from what you planned and if it does that, you have no more ammunition to throw at it and get out. TST wants you to fail..... they make it really tough for you to survive and that is why i have become so good so you have to be really careful with entry and be right or get out FAST. not very difficult to do once you know what you have to do to survive and if i make 200usd a day real money that is like 30% of my present income for the month.....i mean 200 usd per day is alot of money for me and i figure i can do that in 1-2 scalp trades with 2 lots.
@padutrader all you've ever learnt is Al Brooks teachings? ie. Brook's teachings are the secret of your success?
But weren't you trading 10 lots last night, to which I was like slapping your wrist? It's not the ammunition. It's the lack of planning. I already gave you a subtle hint about writing "entry, exit, and stop loss" in advance. You didn't seem to take my advice seriously. Well, as they say, work not harder but smarter. Getting in is always easy. It's the getting out that can make or break you.
that is the first step combine which i passed ... now i am in the express funded account and if found fit i will go to a actual live real money account
i have good reasons for entry stop and eventually exit.... just because i do not spell it out to everyone who asks does not mean i am shooting in dark.... i am posting live when i can and i do not post all the trades because i have to concentrate on chart especially in US session, where the money is. but when you are scalping fast markets i cannot post all the reasons for the trade live..... i am happy with my trade management. of course it is not easy to say, when you have succeeded as a day trader because you are never perfect, so anyone can say you have not succeeded. i know i am trading the best i have now than before and i attribute it to all the hard work and commitment