Agree. "Visions of sugar plumb fairies" rarely become reality. Suggest OP trade small until he feels confident that he can make 2 POINTS/day before scaling up.
I fail at discretionary trading. My comfort lies in systematic trading. I considering trading well when I follow my system...the money will follow. Es
Where do you live, USA or another country ? You rely on scalping the micros for making a living ? Sounds very crazy to me, with an account of that size. But I enjoy your effort and your trading results ! Keep up the good work.
I will reply to previous questions soon. Here are my scalps for the day on NQ. Up over $50 on several shorts. The blue line is the 61.8% retracement of the huge multi-day move down, and a GREAT shortin' spot. But not sticking around too long. This thing could still go to the moon. WHAT A POP yesterday! And NFP this morning really got things going too. I did not trade the NFP. That is just suicidal. But the guy in the chat room I mentioned made over $1000 on the NFP going long on the ES. I think he was absolutely nuts.
I appreciate the concern. It IS a lot of commission. But it is okay. I planned for it from day one. Read my very first post again? 3 steps forward and 1 back. 3 steps forward and 1 back. Shuffle, shuffle, limping along. I will get there to the ES trading level...
Better to do what he is doing. He could lose his 1200 on 1 trade in the ES. Besides he is getting a good comm rate on micro. ES brokers have to make a living too you know. Do you contribute?