NexusFi: Find Your Edge


Home Menu

 





Nearly impossible success rate?


Discussion in Emini and Emicro Index

Updated
    1. trending_up 1,566 views
    2. thumb_up 8 thanks given
    3. group 1 followers
    1. forum 3 posts
    2. attach_file 0 attachments




 
Search this Thread

Nearly impossible success rate?

  #1 (permalink)
 bbron 
owensboro ky
 
Experience: Intermediate
Platform: TOS,Sierra
Broker: IB, TD
Trading: ES
Posts: 30 since Jul 2015
Thanks Given: 14
Thanks Received: 3

I was watching a video from it looks to me as probably the most popular internet personality and he said "on there own there's about a 97% fail rate just trading futures, combined with the rest of your portfolio its a monster entity. " All I was looking into was futures as there is no PDT rule. I seem to paper trade better with futures also.

Am I getting into the wrong thing?

Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
How to apply profiles
Traders Hideout
ZombieSqueeze
Platforms and Indicators
MC PL editor upgrade
MultiCharts
Exit Strategy
NinjaTrader
REcommedations for programming help
Sierra Chart
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Just another trading journal: PA, Wyckoff & Trends
36 thanks
Tao te Trade: way of the WLD
24 thanks
Spoo-nalysis ES e-mini futures S&P 500
20 thanks
Bigger Wins or Fewer Losses?
19 thanks
GFIs1 1 DAX trade per day journal
16 thanks
  #3 (permalink)
 DbPhoenix 
Phoenix AZ
 
Posts: 470 since Dec 2012



bbron View Post
I was watching a video from it looks to me as probably the most popular internet personality and he said "on there own there's about a 97% fail rate just trading futures, combined with the rest of your portfolio its a monster entity. " All I was looking into was futures as there is no PDT rule. I seem to paper trade better with futures also.

Am I getting into the wrong thing?

I'll repeat something I just posted elsewhere: if one does not have a robust trading plan that he actually trades, he will fail. Doesn't really matter how many other failures there are or if there are any other failures at all. If one wants to succeed, he has to approach trading methodically, deliberately, rationally, seriously. And that spells w-o-r-k. Just like any other endeavor that is worthwhile.

Reply With Quote
  #4 (permalink)
 bbron 
owensboro ky
 
Experience: Intermediate
Platform: TOS,Sierra
Broker: IB, TD
Trading: ES
Posts: 30 since Jul 2015
Thanks Given: 14
Thanks Received: 3

Very encouraging, I love the work. Thanks DbPhoenix

Started this thread Reply With Quote
Thanked by:




Last Updated on July 18, 2015


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts