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Billicare trade journey: from 5K to 250K
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Billicare trade journey: from 5K to 250K

  #1 (permalink)
Haifa,Israel
 
Trading Experience: Beginner
Platform: TOS, TWS, Sierra chart
Broker/Data: AMP,IB
Favorite Futures: NQ,ES,Euro Bund
 
Posts: 32 since Jul 2017
Thanks: 22 given, 28 received

Billicare trade journey: from 5K to 250K

Hello to All of Traders in this amazing forum!

Few words about me:
47 old, live in Israel, born in USSR (apologies in advance for my English),
trading from 2016 : Forex, equities, options, futures.
My biggest win day 6K.
My biggest lost day -11K.
I'm use Sierra chart, trade MNQ, use levels, overbuy/oversold zones.
I feel good on volatility market, but on trend i loose money.
My biggest enemy is myself (emotions).
Mark Douglas books helps me.
I'm started with LeeLoo in September, received funded account in November, lost funded account after 2 days, started again, receive second funded account today 01/03/2020.
I spend for my evaluations with LeeLoo about 5K, i have good plan and good strategy, i believe i can made 250K during the year.

In my mother language Russian there is such a saying: if you want to make God laugh, tell him about your plans.
And despite this, my BIG trading goals for 2020 are:
1. Get a funded LeeLoo account - the first week of the year
It's DONE
2. I am trading on the 2% goal system only:
only micro, max 4 contracts adding one for every $ 600 profit,
daily stop 5% of maximum drawdown (2.5K) it's $125
daily target 2% of maximum drawdown (2.5K) it's $50
3. Step over withdrawal minimum plus 1K (3.5K total) - the next 11-12 weeks.
4. Profit on the account 11K-12K, withdrawal 1-2K - June-July.
5. Keep pace, withdraw no more than 10% of the profit every month.
6. Upon reaching 30K, start lowering the daily profit target by 0.1% for every 10K (initial goal 2%) to reduce to 1%.
7. Total profit by the end of the year 200-250K.
Perhaps this sounds too presumptuous, these figures look too large, but if we consider this calculation from the point of view of ticks / points (not bucks), then we are talking about 25-30 points of profit per day.
I am sure that I can do it!
Please do not hesitate to express your opinion, I really appreciate it.
I wish you all good luck in 2020, Iím sure that we will have an amazing, full of opportunities year!
I receive my funded account 40 min before the close, made few trades short and long MNQ,
long was stopped, flipped to short again, daily P/L is $61.66
This is my goals vs reality in one Excel sheet:

Attached Thumbnails
Billicare trade journey: from 5K to 250K-01_03_2020.png  

Last edited by Billicare; January 4th, 2020 at 04:51 AM.
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  #2 (permalink)
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  #3 (permalink)
Legendary Market Wizard
Gits (Hooglede) Belgium
 
Trading Experience: Master
Platform: NinjaTrader, Proprietary,
Broker/Data: Ninjabrokerage/IQfeed + Synthetic datafeed
Favorite Futures: 6A, 6B, 6C, 6E, 6J, 6S, ES, NQ, YM, AEX, CL, NG, ZB, ZN, ZC, ZS, GC
 
rleplae's Avatar
 
Posts: 2,987 since Sep 2013
Thanks: 2,432 given, 5,737 received

Mechanical or arbitrary


Is your method mechanical or arbitrary ?

If it is mechanical, have you tried to automate it and run a back test ?
(i have seen many people with a working method, until you implement the so-called
wining rules, and a back test confirms it is systematically losing money, then it is
simple, just reverse the rules... and gues what ? it also loses money...
not easy to find a mechanical method that works..)

that said : good luck
and you already found your biggest enemy, try to control your enemy

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  #4 (permalink)
Haifa,Israel
 
Trading Experience: Beginner
Platform: TOS, TWS, Sierra chart
Broker/Data: AMP,IB
Favorite Futures: NQ,ES,Euro Bund
 
Posts: 32 since Jul 2017
Thanks: 22 given, 28 received


rleplae View Post
Is your method mechanical or arbitrary ?

If it is mechanical, have you tried to automate it and run a back test ?
(i have seen many people with a working method, until you implement the so-called
wining rules, and a back test confirms it is systematically losing money, then it is
simple, just reverse the rules... and gues what ? it also loses money...
not easy to find a mechanical method that works..)

that said : good luck
and you already found your biggest enemy, try to control your enemy

Iím discretionary trader, I haven't hard rules for enters/exits.
My style is a scalping plus day trading, my entries in overbought/oversold zones.
My targets from 12-15 ticks to 30-40 ticks.
I believe my conservative M/M system it the key.
For my daily goal i need to get one move only for 30 ticks per contract.
And yes, i know my enemy, thanks for remainders. ))

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  #5 (permalink)
Haifa,Israel
 
Trading Experience: Beginner
Platform: TOS, TWS, Sierra chart
Broker/Data: AMP,IB
Favorite Futures: NQ,ES,Euro Bund
 
Posts: 32 since Jul 2017
Thanks: 22 given, 28 received

A very difficult day for me today.
The trend is clearly not my friend)
Even at the night session, I had problems with Rhythmic, I could not cancel the warrant.
LeeLoo reacted very quickly, thank them for that.
At the opening, after several unsuccessful short attempts, he mistakenly took NQ instead of MNQ.
Confused in my new hotkey settings.
After that i got a few more stops and the rest of the day returned my losses with quick scalps of NQ.
Yes, I broke my rules of trading only micro, but it all ended well with a profit of $ 513.

Attached Thumbnails
Billicare trade journey: from 5K to 250K-1_6_20.png  
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  #6 (permalink)
Haifa,Israel
 
Trading Experience: Beginner
Platform: TOS, TWS, Sierra chart
Broker/Data: AMP,IB
Favorite Futures: NQ,ES,Euro Bund
 
Posts: 32 since Jul 2017
Thanks: 22 given, 28 received

Today is was very similar to yesterday $617 in profit.

Attached Thumbnails
Billicare trade journey: from 5K to 250K-jan-7-2020.png  
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  #7 (permalink)
Haifa,Israel
 
Trading Experience: Beginner
Platform: TOS, TWS, Sierra chart
Broker/Data: AMP,IB
Favorite Futures: NQ,ES,Euro Bund
 
Posts: 32 since Jul 2017
Thanks: 22 given, 28 received

Today i was play micros only, very conservative,
2 times shorted MNQ on pullbacks before the crazy move.
After that leaved my screens.
Today P/L $220
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  #8 (permalink)
Haifa,Israel
 
Trading Experience: Beginner
Platform: TOS, TWS, Sierra chart
Broker/Data: AMP,IB
Favorite Futures: NQ,ES,Euro Bund
 
Posts: 32 since Jul 2017
Thanks: 22 given, 28 received

Today I was constantly on the wrong side, loss $2038

Attached Thumbnails
Billicare trade journey: from 5K to 250K-jan-9-2020.png  
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  #9 (permalink)
Austria
 
 
Posts: 284 since Jan 2017
Thanks: 0 given, 217 received

Ouch, that hurts. It's a pity that you lost your account within 1 single day, after a great start.

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  #10 (permalink)
Chicago IL
 
 
Posts: 29 since Apr 2016
Thanks: 64 given, 20 received



tr8er View Post
Ouch, that hurts. It's a pity that you lost your account within 1 single day, after a great start.

What makes you say he lost the account?

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