2+1+1.25+2.75+2+2-2+2+1...=12 points Daily range was 1193-1181.25 =11.75 points......Thank you JH....!!!!!!
There are two helpful aspects of making money on your initial capital. As soon as you have doubled your money, these two items apply. They have a special importance in a traders career.. Remove your initial capital once it has been doubled. 1. This makes the capital available for your life plan and building family wealth. It was originally diverted from other applications as a trading priority. After doubling, that priority is gone and the capital can be returned to other planned priorities. 2. More important, is the psychological understanding that, trading from now on cannot have a long term loss consideration. This is a bottom line consideration, psychologically speaking. Trading "profits only" is based of prior successful performance. All the CW risk and money management rules are based on initial capital remaining in the mix od trader's capital. This eliminates those myth based considerations. Psychologically speaking, it is good to be able to say "I cannot lose during trading." Restarting your trading campaign is also very reinforcing. Repeating going through a few weeks of making the effort to double you capital is well worth it. This is being done with profits only, as well. Starting with 2 contracts and making a total of 30 points allows you to add one contract. This is 15 points of profits from each contract traded. Next, you make 10 points from each of three contracts to add the fourth contract. With four contracts running, you need only about 8 points per contract to add the fifth contract. Cycle 1 suggests "sitting" at five contracts and accumulating 150 aggregate points to be able to begin cycle 2 at the 10 contracts level. An attitude can develop while trading profits only. Through the 60 day trading period of cycles 1 through 5, performance shifts slowly as trades become more and more linked through the connections between dom and non dom profit segments. Cycle 5 ends at forty contracts and about 3/4 of a million dollars is in the account(s). See pro forma already posted. Adding contracts is the key. 4200 dollars profit may not seem like much, BUT it is the stepping stone to wealth by having a plan, strategies, and a MADA routine. By cycle 5 a person will be clocking about 25 trades a day, all profitable. The great learning aspects involve market PACE for sidelining and reentry: learning to add contracts to power up while doing the same performance; and acquiring the ability to stay on the correct side of the market at all times and consequently being in the market to take the market's continuing offer. As the group goes through this process, collectively, we also get to be characterized as whatever by those not learning and those whose time is more valably spent in criticism of us from their disadvantaged view points. What is noce about all of this is that it takes just 60 days to be on the brink of being a millionaire. You must learn two techniques: trading dominant moves and trading non dominant moves. That is all there is to trading it turns out. As Paul Harvey used to sya: "And thats the rest of the story". For those who are proceeding past cycle 1 I'll post the cycles 2, 3, 4 and 5 flow charts. A two component node ID is used. Cvcle 2 has 2A, 2B etc.... as nodes. Each additional cycle is a shell around the core of cycle 1. As has been seen, this trading is based on leading indicators of price and, furthermore, finite math is used in the form of binary vectors. The principle of "knowing that you know" is the way in which precision and exactitude is always involved. There is NO probaility and NO prediction. The contention that taking on any trade is "prediction" will turn out to be nonsense for those who continue to build their minds to full differentiation. As can be seen, we leave a lot on the table. That gets cured slowly in cycles 6 through 10. In exact science, this is known as iterative refinement and it is done task by tasK in a prioritized manner. Euphemistically, this is called "putting the pieces to gether".