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

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

  1. tomorrow is another day...
     
    #71     Jul 22, 2008
  2. With all due respect to the OP, focusing solely on the reward while ignoring the risk is a classic mistake according to the trading seers who actually do this consistently well.

    Try to stick with your business plan if you have one. If you don't have one, you're making a big mistake.

    Best of luck regardless.
     
    #72     Jul 22, 2008
  3. netted a gain (+) of $75.00 trading the YM & Comex Gold today...total p&l (-)94.00...should have let both run for big profits...but...profit is profit!!!
     
    #73     Jul 23, 2008
  4. Hmm... think your risk/reward formula is backwards... maybe try and relax and don't watch every tick...
     
    #74     Jul 23, 2008
  5. I totally agree brocklanders...may I ask what your r/r is for like YM and Comex Gold?
     
    #75     Jul 23, 2008
  6. I shoot for at least 1:1 to 1:2 depending on market conditions...
     
    #76     Jul 23, 2008
  7. deaddog

    deaddog


    Where's the discipline???
    Shoulda coulda woulda :confused: :confused: :confused:
     
    #77     Jul 23, 2008
  8. let the profits run cut losses short
     
    #78     Jul 23, 2008
  9. aren't you concerned that you are already going against your original trading plan of only 1 trade per day? On the very first day you put your plan into action you do 3 trades. Seems like you need to work on your discipline a bit.


     
    #79     Jul 23, 2008
  10. hey guys...doing my gest to get to my goal...this is "on the job training"..no simulator or papertrading...this is real trading...sim and papertrading are WORTHLESS!!!
     
    #80     Jul 23, 2008