What is your core belief trading theory? How have you come to arrive at it? What are you measuring to determine the validity (or invalidation) of your theory?
Hello Illini Trader, Great questions. Please let me know if you have further questions Started at 8:30am at $1000, after about 30 trades I guess, up at $879. I use real time SIM account and paid market data. Thank you
Hello Illini Trader, Great question you asked. I do not have an answer to your questions and I do not understand your question. Can you please simplify? Thank you,
Hello MacBookProHo, You are right. @MacBookProHo nailed it. I am simply guessing/gambling take my best shot day to day. This is my trading approach: Starring and take my best guess. Thank you for clarifying that for me. @Sprout this is what I am doing here.
Hello MacBookProHo, A trader can play this game however he or she wants to play this game and devote 5 minutes if he or she wants too. The objective is to reach +$X,XXX,XXX playing this game right? It is the best game in the world, if the mind is open.
How do you place 30 trades in one hour amount of time? Ideally, a trader should place One trade. Buy around 9:47....and sell around 1:00 Understand why this happens, digest it daily, ...and you will be a millionaire, Be a Big Game hunter, not a mouse or squirrel hunter -- have the mindset, understanding and perspective of a Big Game hunter,
Do you have your invalidation located in time? If you recognize that you are guessing and gambling with no method or measure by which to track results independent of a sim pnl, what makes you feel that you can beat the odds of the house?