Surely ES have been plenty volatile for this entire year and last year, too? Volatility can be a two-edged sword, too. I know a trader who found the ES to be far too volatile and finally became profitable after he started trading bonds.
Why are you struggling? Is the strategy not working or is the trader not following the process for some reason?
u need a daily loss limit. https://i.imgur.com/7gZrUej.png Start with the MES than the ES. for news https://www.financialjuice.com/home https://www.forexflow.live/ https://www.cnn.com/business https://twitter.com/LiveSquawk. RamosTrader has a free trial https://twitter.com/RamosTrader and posts most of his trades for free. sometimes in real time and sometimes not in real time on discord. https://discord.com/invite/YrJ6ewJ the NQ is for big accounts. it's a different animal than the ES. currencies, metals, energy, grains and softs are a 1 week, 4 week or a more weeks hold not for day trades. unless ur a skilled trader. https://twitter.com/hashtag/emini?src=hash&f=live https://twitter.com/hashtag/futurestrading?src=hash&f=live
so many indicators out there , so much color and not all of them we help u 100 % ...if u see green light at ur dom ..plz take it because u donot know what they r hidden news out there ..some times u leave alot of $$$$ on the table but play it save ..and this is my ES mentor to deal with .. no body perfect here ... lucky of u can survive the day trading with even for the day some time .. all the brokers r sharks and want to u to trade more and more .. if u got trade and kept u in green .. say good bye and try u luck next day .. my advice ...
Herein lies another aspect. Trading in the market is a zero sum game. If one person is winning it is only because another person is losing. So by training anyone you are only creating your own competitor. This isnt to say people do not drop nuggets of wisdom to those in need, but then that isn't a mentorship either.
You'll be surprise by how many people will call that coaching / mentoring. I've seen people post their trade strategy here @ Elitetrader.com in a few message posts and then someone reads those messages to then refer to it as being coached / mentored even though the writer never actually had any conversations with the person / never traded side by side with the writer / doesn't even trade the same markets. wrbtrader
You may like to have a read through the below post and then feel free to make contact if you can see some benefit … https://www.elitetrader.com/et/thre...erience-then-you-need-to-talk-with-me.333583/ btw the deal you’re proposing is of no interest, but happy to assist if I can
I see some people comment that mentoring and/or coaching is directly reflected with one succes criteria namely dollars in someone account. And that is why a successful trader would not do it, because they wil miss money with helping someone else. I have news for you, most succesful traders like to mentor someone that is eager to learn. There is more to life then money. Seeing people changing there life's in a good way and contributing to their communities is more satisfying then 'making more and more money'
If I knew somebody that was an extremely charitable person, to the point they cared more about the money so they could give it to those in need, I would teach them in a heartbeat. But I would have to know it to be true over the course of a long period of time, not just because they are like, "Hey that's me!" This is what I referred to as being mutually beneficial beyond a monetary exchange. Why would I care about teaching someone who really just wants to benefit themselves with more bling which is the majority of people who say they want to learn it yet somehow cant be bothered to put in the dirty work to teach themselves? I literally lost $10s of thousands of dollars teaching myself, and I'm not some big money or great job guy. A warehouse job. I drove around a 20 year old clunker and kept no real debt. Worked thousands of hours of overtime. All my savings went towards educational material and market experience. While others were partying, drinking, clubbing on their weekends I was studying because I was passionate about learning it, even if it meant I may never learn it and may die broke. I didn't care. I spent literally thousands and thousands of hours, and years and years of my life, reading, testing, learning, and analyzing charts, and you feel others are entitled to my knowledge "so they can give back to their community?" More like give back to themselves. Most people want the knowledge because they want all the money that comes with that knowledge. Ask any trader, any real trader, and they will tell you that anyone who has a true desire will get there without the need of some mentor. What amazes me is people who think it is only about the dollars and cents. It's about the principle of people wanting a free ride just because they feel they have a right to it. Anybody that truly wanted to get there wouldn't be asking other people to do it for them in the first place.
dj, have you ever traded using simple price action signals? Double Bottom specifically? after having looked at 100 examples that you have found yourself. after having tried to find every example that did NOT work, and spend time reasoning why? after having drafted a quick and dirty trading plan and keeping it updated after each session? after having asked yourself the question: “Can I trade 100% Inline With My Plan And Rules On The Next Trade I Take?” using index micro contracts to limit newby tax. Scale up as you see fit and learn about position sizing in the process. If not, why not? There's not much to a Double Top Dbl Bot setup, and an online search will cost less than half your earnings. coaches.