Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

Discussion in 'Journals' started by volpri, Sep 26, 2019.

  1. ironchef

    ironchef

    Cash position, not account balance
     
    #2631     Feb 4, 2025
  2. ironchef

    ironchef

    You know me well enough to know I am not a lier and I don't make up fake results.

    Your method works better but his also works.
     
    Last edited: Feb 4, 2025
    #2632     Feb 4, 2025
  3. deaddog

    deaddog

    what's the difference?
    You take a cash position from 33k to 17K and end up with a cash position 100 bucks higher that you started with.
     
    #2633     Feb 4, 2025
  4. Not everyone on this site posts frequently. I was a newbie once. In fact, I believed the average poster on ET was a successful trader. Jesus.

    My point is merely that posting bears some responsibility. But maybe volpri is highly profitable day trading, then, and teaches with a good conscience knowing that SML eventually will arrive at the same place.

    I have no reason to not trust you. I was not addressing you with my post.

    As for my method, to the extent that I have one, I never taught it or tried to mentor anyone on ET. If you refer to the thread on R/R, that's not a method per se.

    I semi-regretted making that post, but I'm just tired of all the smoke and mirrors here on ET. I don't get why people can't disclose their results. Even vaguely. Don't need no broker statements.

    Just tell me if you (that's not you specifically) made more money last year than you'd do if you bought and hold the S&P.
     
    #2634     Feb 4, 2025
    beginner66 and ironchef like this.
  5. ironchef

    ironchef

    There were $16K of stock positions not shown in the cash position, so net worth is still $33K but $16K was in stocks. During the duration of the trade, I monitored the stock position carefully and none, at any time, had a paper loss of more than 1%.

    I was not showing it because I didn't want you to know what I was trading.
     
    #2635     Feb 4, 2025
  6. ironchef

    ironchef

    A lot more.
     
    #2636     Feb 4, 2025
    Laissez Faire likes this.
  7. ironchef

    ironchef

    You are one of the posters I respect.
     
    #2637     Feb 4, 2025
    Laissez Faire likes this.
  8. ironchef

    ironchef

    One of my accounts.

    upload_2025-2-4_14-44-20.png
     
    #2638     Feb 4, 2025
    Laissez Faire likes this.
  9. deaddog

    deaddog

    How did the cash position get down to 17K
    Doesn't really matter, it seems you weren't putting a huge amount at risk to make a little.
    not sure what the objective of posting the spreadsheet was. Good luck with scalping.
     
    #2639     Feb 4, 2025
    ironchef likes this.
  10. ironchef

    ironchef

    How did I get myself entangled in this mess? I was never this stupid before. :vomit:

    Let's just drop it and you all can assume I was lying.
     
    Last edited: Feb 4, 2025
    #2640     Feb 4, 2025