I'm going to take $5k (out of the profits I made last year) and see if I can turn it into $50k this year or better. My method is a discretionary swing trading (1-4 days...sometimes longer for stocks) approach using pure price action. I don't use the news or any of the fundamental factors to make trading decisions. The instruments that I will be trading are futures and stocks. FYI: There won't be any hindsight trades. I will post a trade that I'm anticipating before it actually happens, and if I'm wrong....I'm wrong. I will post as trades come available through my method. That being said, let's get it started. P.S: I created this same thread last year, which you can view here: http://www.elitetrader.com/et/index.php?threads/from-3k-to-50k-in-2015.288703/ But, as I mentioned earlier, I was chickening out despite being right about nearly every single call.
You made 2 calls in that thread and it was 1 win 1 lose. I don't think this journal is going to last longer....
The keyword is nearly. And I don't recall which trade I was wrong about in that thread. Nevertheless, steer clear of my thread if that's what you're gonna bring to it.
Lost because I stopped taking most of my trades. Every trade I took was a winner but my problem was that the more I won, I began chickening out of the next trade.
I've got the same plan. That I'll really put at work from June 25. Wish you the best. Gonna follow your thread. Best of luck ! Cheers
There will be no thread. This won't even last 3 weeks. Should we bet? (hey, I brought a prediction to your thread, now prove me wrong)