Only 1 Futures Daytrade per day: $200-$1,000 profit goal per day

Discussion in 'Journals' started by increasenow, Jul 18, 2008.

  1. yea...I've really learned a lot from the people at ET...it is also good to talk to people doing the same stuff...go for it jonbig04!!...what are you trading?isn't it futures?
     
    #131     Jul 29, 2008
  2. hmmm..interesting...so you daytrade NYSE stocks...I would imagine that takes a HUGE amount of $$$ Cash-O-la...do you trade futures?..ever trade futures?...like to trade futures????why stocks only???
     
    #132     Jul 29, 2008
  3. Word. NQ.
     
    #133     Jul 29, 2008
  4. deaddog

    deaddog

    Increasenow.

    You seem reluctant to share your method. Is this because you are afraid someone will steal it or is it because you don’t really have one that you can define?

    If it’s a viable method it should be working which doesn’t seem to be the case. If it’s not then possibly the members of this forum might be able to assist you in adjusting it so that it might work.

    Entirely your decision.
     
    #134     Jul 29, 2008
  5. You need to rename this thread, so far you have shown little discipline to follow the "Only 1 daytrader per day" part of your approach.
     
    #135     Jul 29, 2008
  6. ammo

    ammo

    no one picks tops and bottoms and entries so well that the trade never goes against them ,95% of your trades are going to go against you at the beginning,you sell 1256.25 ,it goes to 1257,5 and then if your right it'll go back down,whatever your trading ,pick a couple of 2 minute or 5 minute timeframes or 30, and see the hi-lo range,cut that in half and that avg is how much that trade could move against you and still come back in your favor,these avgs will grow and shrink with the volatility of the vehicle your trading,but be willing to lose that much and just a little more for a stop,this will keep you from jumping out and will keep you from jumping in unless you feel its a really smart setup
     
    #136     Jul 29, 2008
  7. not really a "concrete method" in the sense of all must line up to take a trade...right now...want to get to that point...for right now, I trade heavily off of signs of weakness or strengths in a market and follow the flow...wait for mild retraces/pullbacks from initial trend and then continuations in the big trend...also view intraday support and resistance..thanks!
     
    #137     Jul 29, 2008
  8. I agree...how would I change the name of this thread?...who do I ask or request this of?...by "private message" or?...If the monitor is reading...please private message me to change the name of the thread of maybe Swordsman nows?...ya, agree...the name needs to be changed...
     
    #138     Jul 29, 2008
  9. thanks a lot!...very insightful and helpful...thanks
     
    #139     Jul 29, 2008
  10. to the MONITOR: an official request to you...I want to change the name of this thread...please private message me to let me know how to do this...thanks, IncreaseNow
     
    #140     Jul 29, 2008