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Why are you a troll? It must give you some devious pleasure. I noticed you never answered my first question. You only seem to troll others responses but never giving a meaningful post of your own. Enjoy your trolling!
What are your goals? Figure out what they are and don't stop til you achieve them. It may take years to achieve them, but that's ok. Bring your thoughts and strategy into submission of your goal.
Do you want to make 50% return a year? Align your life with that goal.
Do you want to make 50% return a day? Align your life and your strategy with that goal.
Let's face it, it is a long haul to figure out who you are and what you are capable of.
I like what Oliver Velez said, "Once you eliminate all the stuff that doesn't work, you are left with what does work".
I have found that if I constrained myself by the opinions of other traders about what you can and can't do, I would not be able to achieve my own personal goals.
For those that are interested, there is more money to be made in futures than you would ever need.
You and I only have to learn how to extract those dollars.
This gives us a reason to get out of bed early every morning and go on the hunt!
Success to all!
ps. You don't have to be an expert, a journeyman can make plenty.
Hard to say really. As you know each individual is different in demeanor, tolerances and financial resources, etc.
Our skills or lack thereof determine most of our outcome, along with what the market does while we are in it. Which is why I use price movement, not targets (R/R's are irrelevant) to plan my exits.
Long term sustainable return for me has been in the 20-25% range with about 5-25% at any one time of my trading capital in play.
Risk is of an event happening, not potential loss, like most look at it.
Almost every trader can bring value. Discernment is key. I have been entertained by Oliver in the past as he trades his stocks. I don't trade stocks but have enjoyed some of his nuances. For instance, playing the color game. Price far from the 20 and the 200. Green taking out the red and vice versa. Tips speak to us or they don't.
What kind of max drawdown do you normally experience?
A lot of pros consider a 1:1 ratio very good over a long period. So if you had 25% returns with 25% or less drawdown, you'd be doing well. But if your max dd is around 50%, then 25% return does not look as good.
You only seem to troll others responses but never giving a meaningful post of your own. Enjoy your trolling!