That part I have no qualms with. It's the other part where you claim you have little to no losing days in 6 months of trading. Most of the good traders that I know have series of small losing days followed by a homerun. Anyway, I'm not here to make accusations. But that statement sounds pretty outlandish.
I bet most of the traders you know didn't make their initial money from trading did they? I am not looking to sit here and debate this either, it's getting dumb and a waste of time. The point is not many people can actually intra-day trade at a high level. You have people using edges from so many places, some not even related to trading to get returns. It's irrelevant to me what traders you know do, not because I want to be rude, but because it's highly likely based on what you're telling me, that their edges are coming from places that aren't even directly related to trading or based on grabbing some low hanging fruit. If you say I am incorrect and wrong, GREAT than the numbers I am saying to you or the lack of losing days, shouldn't be that big of a surprise to you. Really just about done, people keep asking the same questions over and over that I already clarified. Let's just all have a good evening and trade well tomorrow.
I dunno. I don't even know their strategy. All I look at is their bottom line and they're wildly successful at trading. But, not surprisingly, they all have losing days. In fact, quite a lot. But those losing days are small in relation to winning days. Making 2% ($1000 profit from $50k account) is very possible. But can you do that consistently, day in and day out, for 6 months straight? I doubt it, especially if you're a retail trader.
Not even close to your 6% daily, by a million miles.... but time time marches on. Maybe take 25% off the market-table and just use that. Odds are,you'll thank me later.
In absence of response to what? I don't even see his / your question. I bet it was a question I already answered and he didn't care enough to read other post, but cares enough to waste his and my time to ask again right?
I think he's got it. He's playing a fast chart, has defined his parameters. Has something of a written trading plan with some version of "The Morse Code" firmly in mind. Break a Leg, man. A tip of the hat to Robert Morse for his post from which this was lifted, "The Morse Code" 'What is your process? What triggers a buy or a sell to open? What triggers an exit? How do you size your trades? When you made money, why would you say that worked when you did the same thing on another trade and it failed?' https://elitetrader.com/et/threads/...solid-trading-plan.340340/page-4#post-5031706