I said my goal/need is to make +2% a month overall while maintaining a -10% max. drawdown at any given time. With my ORB system, I’m currently risking 0.25% per order and I’m up +10.8% in total return (net after fees) at the time writing. Over 44 ...

Trading for a living

Yes. I can relate to some aspects of it, but I wouldn't say I'm a chronic complainer or that I reject all help outright. I'm already trying everything I can.

Trading for a living

The article contains a few fundamental errors. "You offer ideas, encouragement, resources—and what do you get back?" "After a while, it starts to feel like they don't actually want solutions at all — they want to stay stuck in the story of ...

Trading for a living

What would be a realistic profit-to-drawdown ratio? I was thinking that a maximum drawdown of 10% relative to a profit target of 2% per month would be feasible and acceptable. That would be a risk five times higher than the profit target. Based on a ...

Trading for a living

You are contradicting yourself somewhat in your statements. On the one hand, you say that all you need is a strategy with positive expectations that you can implement, that suits you, and that leads to the desired goals. On the other hand, you say ...

Trading for a living

From what I gather from your comments, you're saying I don't know enough about the markets and fundamentals. For the past 20 years, I've read pretty much everything there is to read about every market and its players, and aside from making my head ...

Trading for a living

Hi All, I don't think it's entirely fair to say that I haven't shown any inclination to do the necessary work. It's just that I haven't made much progress with everything I've tried so far I've looked at all the approaches that have been explained ...

Trading for a living

That’s great.

darwin discussion

Yes, it looks like far less will be needed for November. According to the current rating calculator, I would need +2.10%. That could be achievable. image

darwin discussion

Unfortunately, I didn't reach the minimum rating for the DarwinIA Silver allocation this month either. I tried to force it yesterday, but that didn't help. Let's see how things look for November. Since I finished October with a return of +4.15%, I ...

darwin discussion

Yes, that's a good question. As I've mentioned before, I think that without direct help from someone who knows what to do to achieve the results I need, I won't be able to progress further in trading. Otherwise, I probably would have achieved them ...

Trading for a living

Thank you so much for taking the time to mark and explain the chart. Yes, looking back, I made pretty much every mistake in the book. I tried to trade in real time based on what I thought I saw at the time, and that turned out to be a bad idea. ...

Trading for a living

And another fifth BUY attempt for today. Didn't even set a stop loss. I'll just let it run, maybe over the weekend. I'm really annoyed that I crashed my ORB plan, which had at least been profitable so far, with a single manual discretionary day ...

Trading for a living

Here's the chart with my explanations and my thoughts. image - The trend looked upwards = 1st BUY order. - 2nd BUY order = (attempt to increase the position) - 3rd BUY order (Already slightly annoyed. Thoughts, "Now the trend is going in the ...

Trading for a living

Thanks. Good info. I've heard of TT. Today I tried trading the DAX manually, based on my discretion, using a classic candlestick chart, but once again I realized such "style" is not for me. 4 losses in a row. I don't think a less volatile market ...

Trading for a living

While I'm working on my "Odyssey Plan"... Do you know what kind of tools are used by institutional algorithmic traders? I assume they don't use the classic retail platforms to detect signals and execute trades. Probably a combination of ...

Trading for a living

Good luck with that. I'm currently still 0.64% short of the minimum rating of 75. Maybe I'll still reach it today when the US markets open. image

darwin discussion

Price moving up and down as usual. ;-)

Trading for a living

Fantastic, very inspiring. Thank you. I downloaded the PDF and also ordered the book by Bill Burnett and Dave Evans (Designing Your Life).

Trading for a living

It's not that I don't have a job. Quite the opposite, I work hard, but I'm stuck there too and my income is dwindling. I can't expand my business, and it hasn't really brought me any joy for quite some time. It's not that I'm not looking for ...

Trading for a living