I like your and bmw's responses to trolls, you guys handle it like a pro. Nice progress on your trading!
Fustrating day to say the least. Once you miss the big move in the morning you're left with low probability crap. Live to fight another day I guess.
those who can, trade. those who can't, troll around in chat rooms and spew their misspelled bullshit. i check your progress each day Instynct, I think you're doing great. with regard to the question about what percent you're up this year, I think a more informative list of statistics would be to provide things like information ratio, average win, standard deviation of PnL, max drawdown, etc. btw: john paulson is down like 40% this year. the S&P is down around 4% this year (which, funny, paulson essentially bought S&P500 futures and sat tight for the year). you're up 130% (or roughly 13% without leverage). there's no paper in the market either; the fact that you haven't gotten your face ripped off is credit to your risk management skills. that's enough fluffin' your balls for today, carry on. and turn your size up, will ya?
Well the good news is that I've been able to scrape some profits this year and live to trade another day, week, or perhaps another year. Bad news is that the trading environment of the past week is not very friendly to my trading tactics. I hope the price action as of late is not an indication going forward, but merely a reflection of the year coming to a close and volume dying down. I have the next couple weeks to reflect on my trading and figure out when my strategies thrive and when they fall flat. To those that encourage me to trade larger, I know your intentions are well, but I don't think I've reached that comfort level yet. Don't forget that 1 NQ = 45k, that's a lot of leverage Back when I traded stocks my positions on average were half that. I remember trading 200 to 300 shares of aapl back when it was still trading under 100. Never ever short that stock lol. Breakeven day for me, had some longs early on that got shaken out for smal profits instead of hitting their target area.
about as easy as it gets on long side, why were you caught short all day? back yo drawing board for ya'all
worst advice ever at this point. your one and only goal is to stay in the game. rule 1. protect capital rule 2. protect capital rule 3. max exposure in a trade 1% of capital rule 4. see rules 1,2,3.