pilotui 

Hey just wanted to say thanks for opening my eyes to getting out of the combine cycle. I had been resigned to just keep grinding 'till I got it right...but the more I think of it, even the 2 times I was funded 1 with TST and 1 with Oneup...they made it SO hard to stay funded. It's already hard enough to be a profitable trader. I'm going to join you on your quest to trade a Micro Acct up to $5K. Lets get it.

You just made my journal worth the effort. I am glad I was able to open your eyes. Micro to $5k, then back to the regular E-minis!

sstheo

p.s. Here is my other journal where I talk about my ongoing OneUp/MES journey.

My MES Live Account Journal (OneUp) I successfully completed my $50k account 15 day trading evaluation with OneUp Trader , got funded with MES Capital, and just finished my second profitable week of live trading. Here is the graph from my OneUp evaluation account: Here are my evaluation …

https://www.cmegroup.com/futures_challenge/challenges/183/landing?utm_source=pardot&utm_medium=email&utm_campaign=2019_micro_emini_launch&utm_content=maincta07012019

I enrolled in this, but will continue my own account as well.

Off to an excellent start. Keep it up!


Sent using the NexusFi mobile app

I accidentally deleted the previous post trying to update the table.

The graph is now correct.

As part of the 10 year anniversary of FIO, Big Mike started a journaling challenge, and I am in the race to get the most number of "Thanks."

If you like this journal, please VOTE for it! Every vote is important. Go [B][COLOR="Red"]HERE[/COLOR][/B] and click "Thanks" at the lower right of my post.

sstheo 

Not only do you get to keep 100% of the profits instead of giving 20% to the funding company, but you don't have to follow their many rules. While many of these rules are good, they get in the way of some excellent traders who have different styles. ....

There's also the tax angle: The prop firms pay you as ordinary income, where your "micro method" will be taxed 60/40 here in the US -- a much better deal.

Good luck.

The market has been a bit BULLISH as of late (understatement of the decade.)

Do we plan on continued rising of prices because Trump and Xi kicked the tariff resolution can down the road again and the Fed said they will pause on rate increases? This is all funny money in my opinion, and my overall bias is to the downside. I still take longs, but I know that markets FALL faster than they rise, and I want to be there.

Here is my first trade of the day on YM. 11:10 am to 11:24 am NY time.

A short on the YM with $15 max stop in place. Rationale: Extended bounce that shows weakness.




Success with $7.50 gross. 26,717 to 26,702.

Based on the big drop afterwards, it is clear I got out too soon, but this kind of quick action helps me stay alive. Especially with shorts in a bullish environment.

Let's see if I can still get to the 1% goal which is a net of $10.50 today.

Done for the day. I committed to finish by 11:30 am NY time, so I am flat.

Net gain for the day is $6.72. That is like $67 on the YM. Over the course of a year (250 trading days), that would be almost $17,000 if I were trading the regular YM. They add up!

Here is my screen shots from yesterdays trades.



So .82 cents a trade?

Skid 

Here is my screen shots from yesterdays trades. So .82 cents a trade?

Great trading at .82 per trade. I verified with my Amp statement. .78/trade. Negligible difference. Luv the profits you got.