As a Seinfeld fanatic, I assume the GC method would be doing the opposite of what his instincts tell him to do.
Hi NP, I quickly flicked through the GC scribbling and never once did I read intraday VST ES trading. In fact I thought that I saw the word "stocks" on more than one ocassion. What am I missing. regards f9
HolyGrail nailed it on the head. it's doing the opposite. or from the link above... George discovered that by doing the opposite of what his emotions and intellect were telling him to do he could be successful.
Until we get the hang of intraday trading it can be very frustrating for some, and that is why a little humour occasionally can work wonders at clearing the mind. Anyway, a thought has occurred to me. Last week the OP made around 90 bucks while his broker walked off with maybe 500 bucks. Added together this shows a 50% return on the Ops account. So, why doesnt the OP marry his broker and that way the money stays in the family. Dont knock 50% per week, in no time at all they will be rich. regards f9
Nice. Or he could take up poker. With the same size bankroll in the same time period, I made more than twice as much, while the site I played on got only 15% of what his broker walked off with. And I played less than an hour a day. I can only hope that if and when I start an e-mini journal (in the next month or two) it will be as much fun as this one.
Ah, more good stuff amongst the hilarity. I hope the OP had luck trying ring money out of "VSTing" that muck.
Another bad day. My setups worked without a glitch but I failed to execute them according to my plan. Today should have been a positive day. Products traded: ES, ER2 Contracts: 43 Opening balance: 1228 Closing balance: 1025 Net P/L: -203 Discipline: 2
very sorry about today for you...To IndexScalper...an interesting question is...what is your schedule, job, profession that allows you to trade the ES fulltime...obviously you are not living off off your small gains...just very curious...must have a job (self-employed) where you can stop in and trade 1 ES contract like 27 times per day...great trading to you!
The OP started the thread on 3/20 -- after about 2 weeks of trading he is down The good news is he didnt blow out the account The bad news is there does not appear to be enough consistency to actually make money frustration may eventually take its toll