Aliassmith Beats a "Dead Horse"

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chappy
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Re: Aliassmith Beats a "Dead Horse"

Postby chappy » Tue Jun 20, 2023 5:34 am

Thats so true Alias.. Im sure you know of traders who have "scaled" up an account ,and lost it in a few bad trades.. By 'scaling several small accounts using very small size lots . the risk is so minimal ,it would be hard to blow up. New traders should really take this to heart .Most people will view Micro -lots almost like Demo and therefore Low risk ......Good Call...

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aliassmith
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Tue Jun 20, 2023 7:31 am

I think I started messing with the APEX account on June 13th. Traded micro contracts the whole time. I'm just under half way to the goal. The micro contracts trade very similar to the mini contracts. Someone could make a living trading micro.
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kiwiarian
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Re: Aliassmith Beats a "Dead Horse"

Postby kiwiarian » Tue Jun 20, 2023 11:56 pm

IgazI wrote:
Don_xyZ wrote:
Now that's a sleek looking assistant =D>


It's this one.

It's basically Ninjatrader for MT5.

Just found this option
In the settings -> Panel Info
There is an option to -> Show breakeven on the chart

I had a separate indicator for this, can scrap it now

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Re: Aliassmith Beats a "Dead Horse"

Postby prochargedmopar » Wed Jun 21, 2023 2:11 am

aliassmith wrote:Some people just want to make a modest living from trading. How about $93k a year before taxes?

1 APEX account you will trade 1 micro contact and average 10 points per day. That is $20 a day x 20 APEX accounts.

Trading 2 micro contacts is double the fun.

You don't need 100s of points a day to make decent money.


I like trading 2 so I can take profits when things look fishy then trail. Lots of times the trail takes off for multiple swingsZ
I know it's backwards but I trade much better that way. Can make 5-600 a day easy just scalping.
Dude, 2 micros and a small spike, ur sitting with $60-$90 profit in minutes.
lol
Pretty insane actually.
#1BODY in direction of profit #2INCREASE lot size Obsessively
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Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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aliassmith
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Wed Jun 21, 2023 3:11 am

prochargedmopar wrote:
aliassmith wrote:Some people just want to make a modest living from trading. How about $93k a year before taxes?

1 APEX account you will trade 1 micro contact and average 10 points per day. That is $20 a day x 20 APEX accounts.

Trading 2 micro contacts is double the fun.

You don't need 100s of points a day to make decent money.


I like trading 2 so I can take profits when things look fishy then trail. Lots of times the trail takes off for multiple swingsZ
I know it's backwards but I trade much better that way. Can make 5-600 a day easy just scalping.
Dude, 2 micros and a small spike, ur sitting with $60-$90 profit in minutes.
lol
Pretty insane actually.


$500 a day with 2 micro contracts :shock:
I'm trading 4 micro and only made $700 my first week.
I'm will have to look at your charts closer. #-o
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Re: Aliassmith Beats a "Dead Horse"

Postby kiwiarian » Wed Jun 21, 2023 3:31 am

aliassmith wrote:
prochargedmopar wrote:
aliassmith wrote:Some people just want to make a modest living from trading. How about $93k a year before taxes?

1 APEX account you will trade 1 micro contact and average 10 points per day. That is $20 a day x 20 APEX accounts.

Trading 2 micro contacts is double the fun.

You don't need 100s of points a day to make decent money.


I like trading 2 so I can take profits when things look fishy then trail. Lots of times the trail takes off for multiple swingsZ
I know it's backwards but I trade much better that way. Can make 5-600 a day easy just scalping.
Dude, 2 micros and a small spike, ur sitting with $60-$90 profit in minutes.
lol
Pretty insane actually.


$500 a day with 2 micro contracts :shock:
I'm trading 4 micro and only made $700 my first week.
I'm will have to look at your charts closer. #-o


The student becomes the master :)

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aliassmith
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Wed Jun 21, 2023 3:54 am

kiwiarian wrote:
aliassmith wrote:
prochargedmopar wrote:
I like trading 2 so I can take profits when things look fishy then trail. Lots of times the trail takes off for multiple swingsZ
I know it's backwards but I trade much better that way. Can make 5-600 a day easy just scalping.
Dude, 2 micros and a small spike, ur sitting with $60-$90 profit in minutes.
lol
Pretty insane actually.


$500 a day with 2 micro contracts :shock:
I'm trading 4 micro and only made $700 my first week.
I'm will have to look at your charts closer. #-o


The student becomes the master :)


I don't think I taught him anything, BUT YA :D
Trade Your Way as Long as It Makes Money!

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Re: Aliassmith Beats a "Dead Horse"

Postby Mark Mark » Wed Jun 21, 2023 6:52 am

chappy wrote:Thats so true Alias.. Im sure you know of traders who have "scaled" up an account ,and lost it in a few bad trades.. By 'scaling several small accounts using very small size lots . the risk is so minimal ,it would be hard to blow up. New traders should really take this to heart .Most people will view Micro -lots almost like Demo and therefore Low risk ......Good Call...

Can you explain that more detailed?
busy

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aliassmith
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Wed Jun 21, 2023 8:45 am

aliassmith wrote:
prochargedmopar wrote:
aliassmith wrote:Some people just want to make a modest living from trading. How about $93k a year before taxes?

1 APEX account you will trade 1 micro contact and average 10 points per day. That is $20 a day x 20 APEX accounts.

Trading 2 micro contacts is double the fun.

You don't need 100s of points a day to make decent money.


I like trading 2 so I can take profits when things look fishy then trail. Lots of times the trail takes off for multiple swingsZ
I know it's backwards but I trade much better that way. Can make 5-600 a day easy just scalping.
Dude, 2 micros and a small spike, ur sitting with $60-$90 profit in minutes.
lol
Pretty insane actually.


$500 a day with 2 micro contracts :shock:
I'm trading 4 micro and only made $700 my first week.
I'm will have to look at your charts closer. #-o


I changed to trading a 2 + 2 cost averaging. I helps fixing my recent crappy entries. #-o
Trade Your Way as Long as It Makes Money!

nonibadsha
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Re: Aliassmith Beats a "Dead Horse"

Postby nonibadsha » Wed Jun 21, 2023 8:46 am

Mark Mark wrote:
chappy wrote:Thats so true Alias.. Im sure you know of traders who have "scaled" up an account ,and lost it in a few bad trades.. By 'scaling several small accounts using very small size lots . the risk is so minimal ,it would be hard to blow up. New traders should really take this to heart .Most people will view Micro -lots almost like Demo and therefore Low risk ......Good Call...

Can you explain that more detailed?


You want to make $100.
1 account - 100 pips/points = $100
10 accounts - 10 pips/points = $100
20 accounts - 5 pips/points = $100

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