[patrader]

Daily 6E chart

[Cory2679]

Originally Posted by BlowFish »

I guess as a bit of fun these things are OK but they can encourage pretty bad habits as you point out (using maximum leverage on the most volatile instruments whilst being as close to always in as you can). There are a whole bunch of 'trading gurus' that started their careers in this fashion.

Yeah, I know what you mean.

I think I'd like to play one month though, after I consider myself "successful," just for fun. I figure when I'm ready to move from spot FX back to futures, I'll take one month "off" to trade a $500 micro account and try to win king of the micro.

You'd pretty much have to double your account every week (compounding) to have a chance at winning. I wouldn't necessarily change my trading style...all I would do is increase my position size...say maybe risking 20% per trade. I'd just trade and cross my fingers that I don't have a significant draw down period.

Just for fun, since I wasn't really trading this week, with my demo account I risked 20% per trade...I began the week with $5,000 and now I'm sitting on $10,375.99 closed trade equity!!...so it is possible...just a risky and unsustainable way to trade. As long as the mindset is **this is just a game** I think it'd be all right.

[Mr_black]

LL on 30 min chart down trend is doing his job

[fxThunder]

For Jonbig and Forrest - ES short setup...

Edit: potential target = lod 1082 area

[patrader]

15m 6e chart

[patrader]

6E Daily chart

[fxThunder]

ES target area indicated...

[fxThunder]

and last update... ES target reached