Don't know what you are getting on about this or that court. But it plainly obvious which side (MAGA's) are deranged, entitled, aggrieved, out for blood of others, while at the same time trying to purified their blood. All in the name of God of course hahahahaha
Good Morning volpri, Very very well written. I agree with you 1000% I am video gamer as well as a ES Futures Master Trader. From years of watching the ES futures market , I have developed a skill set to be a mind changer and let ES lead the way. I do not wait for nothing, I do not hope for nothing, I damn sure not waiting for damn setup all damn day. I open the chart and getting to getting in synch with the market in real time. I am always changing back and forward and doing ALL kinds of stuff to put money in my pocket. I just think about make money all the time. I can not even explain what I do, I just go for it. Trading systems do not work because it IMPOSSIBLE to FORCE it to make money everyday. I can FORCE myself to make money everyday. Trading systems lost alot of money, and that is money the trader can NEVER get back.
Maybe in a Sim account you can FORCE out profits, by doubling up etc. Could even get away with it for a few months in Sim. But if you try to force things in a real money account you will eventually blow it up. Often very quickly.
Hello Businessman, How is it going man? I agree with you. Force myself meaning dedicate more hours to clicking. I think the way to get rich in trading from a system perspective is to find a system that make money week to week, and position size upwards. Other trading systems does not work.
You still want to get rich quick. If you can make money every week trading the ES and also position size up, then it will only takes a few months to turn 10K to 1M with good money management. In reality you will have losing weeks even when 'click click clicking'. No getting away from the losing days and weeks..
Theoretically 10 grand could turn into 1m in short order however, traders get careless, get weak on discipline and as their account grows they tend to take on too much risk. They will trade big size, become less disciplined and a few bad trades wipes out their account because they hang onto losses instead of taking them an getting back in sync with what is happening.
Just take 5000 and try to net 5% per day on the account balance (each day compounding) after all losses for the day and after all commissions. It is not as easy as one would think. And if on trades too big in size and PT/SLs a trader who suffers a few losses in a row can cause their confidence to get damaged and they might even resort to revenge trading. One needs to be able to read price action well and be ready to reverse on a dime when wrong. I am speaking of course of scalping. Probably 5000 is enough to trade 1 ES contract or up to 5 micro (MES). Go over that amount and 3 or 4 losses in a row can destabilize a trader psychologically. Of course that too depends too on the SL size and PT size as to how much it can wreck one's confidence and damage their account.
It is also impossible for a human to do the same things the software can do. It all comes down to" how sophisticated the software is, and this comes down to trader knowledge and experience and fine tuning. It can take years to reach a level of sophistication which makes it reliably profitable and safe. So my message to non believers is to keep trying. Nothing very good is ever easy or it can be made by putting a few lines of code together.
Your expectations are very very high. Even manual trading could not do this long term. You might take risks for a day or week or a month but sooner or later you will become complacent due to boredom or greed you will cut corners, you will make wrong assumptions or misjudge market conditions and you will blow. So the decision to trade algo or manually is not as straight forward as people think.