We've got enough capital saved to live until June of 2004 without any profits. I've heard about scared money, but obviously I've never lived it....
It's hard to give the numbers you want so here's what I have. For the test from 1994 - June 2001, the ave. profit per-winning trade was...
[cont'd] By the time all this work was done, it was 2002. I had setup my system with a realtime datafeed so I could watch it in action and was...
[cont'd] Next up, I decided to build my own system. One that I could use to make consistent profits based on some overall tendency in the...
[cont'd] At that point I figured there was no way I could trade off of charts. In my profession we lived by probabilities. ex. (it's far more...
This is yet another journal of a novice trader. Why should anyone be interested? My motivation is simply to be able to communicate with others...
THE PERKS OF BEING 40 & OVER 1. Kidnappers are not very interested in you 2. In a hostage situation you are likely to be released first....
My MBA is from Wharton. I don't know what others do to get in, but this is what I did. I went to a career counseling firm and gave them a resume....
Everytime the equity hits a new high, I check to adjust the base. If it's in a drawdown, the base doesn't change. The base number of ES contracts...
Not at all! It just helps me confirm that I haven't missed something. I've sensed a lot of fear from others, so in spite of my preparation, I'm...
Good stuff! Lots of different ideas. I not sure why they're so concerned about Martingale style MMGT. I don't think anybody would try to...
In a random game the odds of a streak happening are the % chance of the event raised to the power of the number of events in the streak. So,...
I did think about it. Of all the possibilities I think the intraday trading range on the ES going back to 5-6 points everyday is highly unlikely....
Thanks, I noticed some of this too. One of the things I noticed during papertrading was lots of losses during the Fall Jewish holidays. I went...
My wife knows it well. Do you think I could've sold our house and convinced her were going to try daytrading for a living without her being 100%...
I'm flattered that you'd go through the trouble of posting such thoughtful questions. I may be way off base and I'd love to hear your thoughts...
Thank you for sharing your outline. I like the schedule for the day idea so I'll add that to mine as well. One question, you have (g) Objectives...
Thanks for the advice. I know you have the best of intentions. I'll be starting with one Emini and plan to trade small during the month of...
That's a scary thought. Because I've only got one chance at this, I thought I'd better give it my best shot. I know nothing about trading. I've...
The only one I considered was the stop order. I allow for .5 pt. slippage per round turn in the tradestation code. As I understand the orders, the...
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