RESULTS FOR AUGUST | |
---|---|
ES Contracts: | 16 |
Net $P/L: | -475 |
Wins: | 9 |
Losses: | 7 |
Win%: | 56 |
$Commissions: | 50 |
Avg$Win: | 79 |
Avg$Loss: | -169 |
1 hour ago
A daily chronicle of results of one retail futures trader trading my own accounts. I define myself as a day trader and generally swing for at least a few points most of the time. But I do make the occasional scalp for ticks too.
hi MBA. How are you? I have not checked in to your blog for a while. As you know I had the same struggle as you. But recently I changed my trading to MES and starting to see some very consistent result. Out of 9 weeks of trading, I only had one week of loss. I set a 1% daily loss limit to my total equity and aim for a weekly 1.5% compounding gain. It's small but it will grow by compounding. I can send you the spreadsheet and explain to you in detail. My email is yauwh@yahoo.com. My goal is achieve $12k in year1, $24k in year2, $52k in Year3, $223k in Y4 and $463k in Y5 all by power of gain compounding. I need a trading partner to keep each other accountable and achieve the target together. More of money mgmt rather than trading per se. So if you can come to my discord room, it will be an honor.
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