I trade 1 min charts using tick by tick and tape reading as guides and 3 min, 5 min charts for trend confirmation. I am a brand new user of trend following with this approach, less than a year into it, so you can say I am a newbie day trader. Am I doomed? Another problem is I have no clue why it works.
I am serious. I trade options full time since 2013. Only retried day trading, starting early this year. and that is my current day trade approach and method.
that is not a problem it is BIG problem. because then you do not know, when it has not worked, and that you have to get out. if it always works then i am pleased to welcome you to the 100 BILLION club
You're just about 1,008,000$ short of your yearly goal. I guess you didn't click enough. I also guess that you learnt from your losses and mistakes...
Hello rb7, Yes sir. My yearly goal was to get to 100 ES contracts and make $500K to $1 Million dollars in my trading account, but I am down about -$8000 all together. So you right, I am not achieving my goal right now. 2 more months to go. I learn from mistakes.