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Search: Posts Made By: Howard Roark
Forum: Traders Hideout September 10th, 2023, 03:02 PM
Replies: 70
Views: 9,427
Posted By Howard Roark
If I quit day trading, I suppose I will still be...

If I quit day trading, I suppose I will still be participating in the markets in some way. Most likely swing trading.

I probably won't get rich quick, but maybe I'll get rich slowly. Maybe I'll...
Forum: Traders Hideout September 10th, 2023, 11:08 AM
Replies: 70
Views: 9,427
Posted By Howard Roark
I understand. Thanks for giving that detailed...

I understand. Thanks for giving that detailed account of your story and what you currently do in trading. Seems like a very sensible approach.



Right.

I think the happiest I've been was...
Forum: Traders Hideout September 10th, 2023, 07:49 AM
Replies: 70
Views: 9,427
Posted By Howard Roark
Wow. Was that 100K blown out on both occasions?...

Wow. Was that 100K blown out on both occasions? That's a huge loss. I feel your pain as well, brother.

I'm in Norway and being an egalitarian sociecty our wages are mostly fairly contained, so I...
Forum: Traders Hideout September 9th, 2023, 09:38 AM
Replies: 70
Views: 9,427
Posted By Howard Roark
Great post, Peter. Thank you! :)

Great post, Peter.

Thank you! :)
Forum: Traders Hideout September 9th, 2023, 07:46 AM
Replies: 70
Views: 9,427
Posted By Howard Roark
If I may be a little philosophical, what's...

If I may be a little philosophical, what's interesting to me is that there might be some smaller adjustments that any given trader can make which could make or break one's career. Assuming a good...
Forum: Traders Hideout September 9th, 2023, 07:41 AM
Replies: 70
Views: 9,427
Posted By Howard Roark
Hello there, Billiius Hwangus, Thank you for...

Hello there, Billiius Hwangus,

Thank you for your comment!



If I may ask directly - were you able to sort this out to the point where you became consistently profitable?
Forum: Traders Hideout September 9th, 2023, 07:33 AM
Replies: 70
Views: 9,427
Posted By Howard Roark
Thanks for your comment. And no worries about...

Thanks for your comment. And no worries about your English which is great.



I understand. Yes, I think we discussed it once earlier.

Thanks a lot! :)
Forum: Traders Hideout September 7th, 2023, 03:34 PM
Replies: 70
Views: 9,427
Posted By Howard Roark
Is that Apex or 'get funded' firms in general?...

Is that Apex or 'get funded' firms in general? May I ask why?

For what it's worth, I actually signed up with E2T yesterday. They are currently running a huge discount, so I figured it was well...
Forum: Traders Hideout September 6th, 2023, 03:29 PM
Replies: 70
Views: 9,427
Posted By Howard Roark
Agreed. However, keep in mind that many or even...

Agreed. However, keep in mind that many or even most of these futures funding companies have you trading on the simulator even after you're 'funded'.

Because of that, there's an incentive for...
Forum: Traders Hideout September 6th, 2023, 08:37 AM
Replies: 70
Views: 9,427
Posted By Howard Roark
Thanks. Good points. Especially point 1) is...

Thanks. Good points.

Especially point 1) is one I'm working on and still improving. Generally, I like to call it a day if I'm up decently after the first 30/60 minutes. This is also partially...
Forum: Traders Hideout September 6th, 2023, 08:33 AM
Replies: 70
Views: 9,427
Posted By Howard Roark
Thanks. Could be an option, but I have to say I'm...

Thanks. Could be an option, but I have to say I'm a bit skeptical towards those firms in general as they don't seem to have an interest in actually funding traders. I saw that MyForexFunds took home...
Forum: Traders Hideout September 4th, 2023, 03:33 PM
Replies: 70
Views: 9,427
Posted By Howard Roark
Likewise, buddy! :)

Likewise, buddy! :)
Forum: Traders Hideout September 4th, 2023, 03:03 PM
Replies: 70
Views: 9,427
Posted By Howard Roark
What I do know is that I had a breakthrough of...

What I do know is that I had a breakthrough of sorts when I started riding my winners while respecting my stops/losses.

This alone had a huge effect on my performance.

No changes in the system...
Forum: Traders Hideout September 4th, 2023, 02:40 PM
Replies: 70
Views: 9,427
Posted By Howard Roark
September last year was a good month. I'm off to...

September last year was a good month. I'm off to a good start this September, too, so let's see if I can match it.

17/22 winning days.

I've had similar months, but this was what I had archived...
Forum: Traders Hideout September 4th, 2023, 02:35 PM
Replies: 70
Views: 9,427
Posted By Howard Roark
I've been at this for well over 10 years....

I've been at this for well over 10 years. Periodically full-time and pretty much all my free time when not (weekends, evenings, etc.).

I don't think I could not have enjoyed the process if that...
Forum: Traders Hideout September 3rd, 2023, 12:38 PM
Replies: 70
Views: 9,427
Posted By Howard Roark
I never said I was successful or ultra succesful....

I never said I was successful or ultra succesful. My first post on this thread was as honest as it could be.

Trading part-time while holding a full time job is obviously far from ideal, but with a...
Forum: Traders Hideout September 3rd, 2023, 09:07 AM
Replies: 70
Views: 9,427
Posted By Howard Roark
The title says considering throwing in the towel....

The title says considering throwing in the towel.



How do you know it was luck and not skill?

There was no mention of using a 2 point stop. I said I took a 2 point stop-out (a loss)...
Forum: Traders Hideout September 3rd, 2023, 07:53 AM
Replies: 70
Views: 9,427
Posted By Howard Roark
e-mini S&P 500 futures (ES). ...

e-mini S&P 500 futures (ES).



Directional day trading focusing on capturing larger moves (but happy to take a smaller one if that's what's on the table).



Short term. Holding period on...
Forum: Traders Hideout August 21st, 2023, 05:31 AM
Replies: 70
Views: 9,427
Posted By Howard Roark
I've certainly considered it. In fact, I once was...

I've certainly considered it. In fact, I once was funded with E2T and another time with OneUp. Last time I checked E2T seems like one of the better choices due to the fact that they actually set you...
Forum: Traders Hideout August 21st, 2023, 05:29 AM
Replies: 70
Views: 9,427
Posted By Howard Roark
It’s only too easy to fool ourselves in trading...

It’s only too easy to fool ourselves in trading thinking we’re doing great when making money and discarding any element of luck, while blaming ‘bad luck’ and external factors when things go wrong.
...
Forum: Traders Hideout August 21st, 2023, 05:11 AM
Replies: 70
Views: 9,427
Posted By Howard Roark
Thank you for your post and your compliments. I...

Thank you for your post and your compliments. I definitely went way out of the box to the point where I have something really unique, i.e., my own custom statistical software which have given me some...
Forum: Traders Hideout August 19th, 2023, 01:57 PM
Replies: 70
Views: 9,427
Posted By Howard Roark
Good point. Personally, I'd say that I...

Good point.

Personally, I'd say that I wouldn't shoot for 8 % indefinitely and would seek to slowly compound such that % risk/gain should be highest initially and reduced later on.

But maybe...
Forum: Traders Hideout August 18th, 2023, 06:39 PM
Replies: 70
Views: 9,427
Posted By Howard Roark
I'm sure I've read it all and seen it all in...

I'm sure I've read it all and seen it all in terms of directional day trading, but I've stuck with my current approach for the last 5 years or so after settling on something which makes sense and...
Forum: Traders Hideout August 18th, 2023, 06:28 PM
Replies: 70
Views: 9,427
Posted By Howard Roark
Good advice. It sure is high leverage, but...

Good advice.

It sure is high leverage, but I think realistically it's possible for a good futures trader to gain that in volatile markets. Of course, the higher the leverage the more difficult it...
Forum: Traders Hideout August 18th, 2023, 06:25 PM
Replies: 70
Views: 9,427
Posted By Howard Roark
Well, technically, it's blowing up even if the...

Well, technically, it's blowing up even if the account is small.

Humbly, and I'm obviously not in a position to give advice, I think trading is a waste of time if no edge is already developed...
Showing results 1 to 25 of 35

What unexpected challenges have you encountered while trading on a "Funded Trader" platform?

 


 
 


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