Recent content by Pavlec

Hi, I have a quick question, do you pay interest when you buy a futures contract? I mean if you need 500$ for an ES contract do you pay all the interest on borrowed money? Thank you

Hi, I have some questions,I'm canadian and want to open a futures account. 1) Whats the requirements for opening a futures account for a canadian? 2) What are the fees for CME data or NYMEX data? Do I get it waived with +30$ per month? 3) What happen if I forget the end of contract? Will they...

Honestly I was watching ES and I really thought that with a 8/8 ticks you can do an average of +1 units per day. Am I naive?

I don't agree with this, if your win rate is a least 55% and you only risk 1% on each trade yea its possible to have a drawdown of 50%+ but its highly improbable. But I agree that if I had over 1 million I don't want drawdowns over 20%. I'm happy that you replied to my post thats the kind of...

Ok you look smart even if you post don't show it very well. First we all know we have liquidity issues someday I don't think I can scalp or daytrade with 10 000$ swing without big slippage so the OMG I WILL BE RICH argument is a llittle bit pointless. Second I don't say I do it or know someone...

I think the whole picture is in my post no? What more do you need then the r/r and win rate and % per risk?

So havinh a 1:1 r/r Risking 1% per trade on it And having an average of 55% is not possible? 10 trades per days 200 trades per months 110 win 90 lost +20 u 20 x 1000$ = 20 000$? So you guys are telling me that the good traders cannot have a 55% win rate?

So it's 3 "No it's not possible"?

Hi, I'm still a newbie but I read a lot that we expect too much return. So I want to know if with 100 000$ and risking 1% per trade(1000$) why we could not do an average of 1000$ per day or 20 000$ per month? I'm asking the veteran am I dreaming or it's possible? Thank you Pavlec

Is this really possible to make a living by trading at home? Is this possible on: Stocks? Futures? Forex? Is this possible by: Scalping? Day Trading? Swing Trading? Position Trading?

You're right on this one, maybe a little exaggerated but yea when I don't see anything I like I try another thing. Thanks I've wrote it in my journal I will work on it. Because I don't have a working strategy yet. A journal for me is when you got your strategy and just want to improve it and...

It's already done I have over 100+ pages of my trades and ideas on each trading days. Your argument is good but if books and forums are craps what is good then? Do you support the S/R idea? I'm far from beeing succesful but I think It doesnt mean I know nothing about the market.

Thanks a lot Tom, that's exactly the kind of reply I wanted. I will work on it now. Pavlec

Hi TraderDante, I know your reputation here so I'm not challenging you in this reply, but what do you call a rebound? 2 ticks is a rebound for you? For my theory If I put my limit order at a resistance and have a 4 ticks target and stop as example ~50% of the time I will win but long term will...

So if I understand you, professionals doesn't have fixed stop and target like a 20 ticks target and a 10 ticks stop? Because I did test alot of strategies and I saw that the probabilities are not enough for an edge. Ex: Support and resistance, I place MAJOR s/r on my chart and ~50% of the time...