Haha, fortunately still positive avg/median pnl for now. Edit: for November. Real money ofc. Edit: pay no attention to the 7 day losing trade, that one was flat, normally I only hold for 1/2 days max.
Again, read this: https://www.msn.com/en-us/money/per...fuses-to-spend-money-on/ar-BBXsMuv?li=BBnb7Kz
I consider a fake edge to be when a trader believes they have an edge but has only backtested their strategy under limited conditions (example having a strategy that they’ve only tested in bull market scenarios when you could almost throw a dart at a list of equities and pick a winner). Its not really an edge at all.
Congrats to you drcruz and good work. Would you say that finding a trading style that fits your personality and back testing to gain experience and confidence in how you trade was the ultimate turning point?
SML, YES. I actually stayed in 2011 over and over again, until I dialed in what I liked. Even then I hired the system developer as a coach for a little more pointers. Then when I went live in mid-2019 and got stopped out, I tweaked the system a little more (make less risky). It's an OTM BWB Options strategy from Trading Dominion. I made the trade too delta positive and therefore is WAY too sensitive to changes in Vega. I shifted it to be closer to delta neutral. I'm still testing. I have to finish 2018, go through 2019 and 2008 and 2009
because I need capital to operate micro futures I have my strategy developed, based on fractals, divergences and high volumes with a profitable 40% - 50% but here in Latin America it is very difficult to get dollars
it because many traders see that they an make 10% in their trading account with one trade say $2000 profit in a day with $20,000 account they think they can make or double their money in 10 days, well due to the risk of high leverag to obtain $2000 from 20,000 account in one day you risking a lot for a very little. and then there are traders who want to double their account in three days. you know than it become las vegas poker table. not trading anymore.