What do I care about your stuff? My posts refer to nonsense bs hindsight trading that DP is illustrating singlehandedly. I might add he is but a handful who post entry and exits properly.. As for me i do not want to share my methodology any more than basics, but I do like to show that u can have success in this world from trading and not guru bull shit.
You mean like this? http://www.elitetrader.com/vb/showthread.php?p=2018030#post2018030 http://www.elitetrader.com/vb/showthread.php?p=2019370#post2019370 http://www.elitetrader.com/vb/showthread.php?p=2194781#post2194781 http://www.elitetrader.com/vb/showthread.php?p=2361564#post2361564 http://www.elitetrader.com/vb/showthread.php?p=2386182#post2386182
Yes, every setup fails. I think it was the very next morning after someone here on ET offered to trade their failed setup for my "A1" setup that my first trade was a failed A1 setup. I hardly ever have a day without losing trades.
It's worthless, but feel free to post charts to illustrate what happened. Don't take credit for the move. It's really that simple. If you do then you are, by very nature, lacking any credibility. The guy has asked repeatedly, "did you make 60 on Friday, 80 on Monday?" The chart he posted Friday was well after the close. The guy is a sham. Have I said that already?
Same here. The task is to cut the losers short and let the profits run. DP gets jazzed about my P:L, but if one keeps one's losses to a few ticks, has a rigorous methodology, and lets his profits run, a healthy P:L isn't that difficult to achieve. I'll decline to respond to DP's posts one by one. There's nothing new anyway. But I'll repeat what I said earlier about the trades: if anyone can find a chart whose trades do not jibe with my rules, just let me know and I'll either explain the difference or apologize for the error.
In my very humble opinion all these trade posts and P/L snippets are not representative of one's performance because there is no continuity. For a performance post to have weight one would need to post a continuous and considerable run, including days with no trades to actually obtain validity. Otherwise, it can all be "gamed" with ease.
Yeah, that's cool, but this was 6 years ago and before you apparently learned how to trade. Do you ever have days like this now? Losing weeks? Do you ever have losing days then? Do you mind saying what you ROI was in 2013 on your day trading account? You don't have to post a blotter, I'll take your word for it. That's the thing. I've had many very good calls and trades posted live in the ES-journal. I remember once being called out on it and I posted my blotter showing every single trade during the time period. Then shortly after, I increased my size thinking I was a trading master and racked up huge losses rather quickly. Not every trade was posted in the journal either. And like I've said a few times now; ultimately, I lost at day trading even though I had good runs where I made good money.
True. There is also the matter of multiple accounts and sharing only the results of the profitable ones (this is pretty ancient). For me, I stopped posting daily charts because there were so few comments. Lots of views, but no comments or questions. And then the chat thing came up, which is every day, though not for every member. Most of those who participate in chat, though, post prep and end of session charts in their journals (what do I plan to do, did I do it?). Anyone who's interested can review those and ask questions of whoever is maintaining the journal. If you really are a scaleout scalper, though, I doubt any of this would be of interest to you other than in a casual way.