[johnnycakes78704]

Ended this week with 230 ticks. Funding arrived in account today. Still stayed in sim to ensure everything was the same. Pulled 6.9 points on two trades. Going live next week.

[TraderWill]

Those are great results, and you've been doing well for the past several weeks with the same approach. Sounds like you're ready to trade live. Start small, one contract, and let your account grow before increasing size. Try to keep your risk to about 1% to 2% of your total account size for each trade, that'll help you survive the inevitable strings of losses. And keep us posted on your progress.
Good luck.

[estate1997]

JohnnyCakes,
Sounds like your a longer time frame trader and am not sure who you use for charting but if your on Trade Station, try these charts. Kase 1.25,4, and 8 with a linear regression channel set to a length of 15 and ATR set to 1.1. You might see some very useful information.
To see what type of day it might be, Load Point and Figure charts with the same settings and lengths. There is a definite pattern.
Best of luck

[TimRacette]

Hey Johnny, haven't heard from ya in a while, how has the live trading been going? I remember two "light bulb" moments in my trading. This first, was when I let go of my impulse trade (as John Carter would say) and followed my setups exactly, letting them do the work.

The second, was when I got myself to the point where I was fully detached from the emotions of losing money. I was risking such a small % of my total account that each stop out was insignificant and I became able to think objectively and clear from entering,during and exiting the trade. No change in heart rate on a winner, or a loser.

[jwhtrades]

Iris, I want to thank you for your post here and the others that you've made. I'm 10 months into my education on stocks/options and now daytrading futures. I'm passionate about learning to trade spending up to 10 hours a day 7 days a week for the most part. I know that sounds excessive, even obsessive but for me this is like a foreign language and the immersion approach seems to be what I need. Your advice on trading in general and futures in particular is very valuable to me. I have just started trading last week with the Mirus/NT platform and am working through the 6E, CL, GC, NQ, TF. I'm sim trading and have had some success and experimented with horrible results. I purchased the boomerang indicator, risk manager combo from IW and have been using their trailing stop. I have noticed good results but nothing that JohnnyCakes talks about. I don't have his background or penchant for translating economic news into entries and exits so I'm following the system I mentioned above. I have learned that you are totally correct when you talk about "what the market gives you" and that not every day brings a nice large, easy to follow trend. Thanks again for your wisdom and sharing with "newbies" like me.

jwhtrades

[TimRacette]

Detaching yourself from the emotions of losing money and it just becomes a numbers game.