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Haha, no worries all good, i was just stating my opinion.
about combines, it is good only when you as Trader know that you are consistent and profitable on week after week or month after month.
for the majority, it's not the case and blowing up account happens so often. I wasted so much capital of my own, looking back I would have paid x many times for the combine incl reset with that same capital and in exchange would have learned and earned so much from my mistakes and experience plus you get to trade with lot more capital than the one time combine fees.
I can indeed win 90+% of trades (and I take a lot of trades).
I can’t show you how (because I don’t trade like most people and don’t use charts or indicators or prices or MP), I just trade the order flow (I don’t care about icebergs, flippers, breakout etc either).
But don’t let my 80-90% win rate fool you into thinking I’m a good trader. I’m a bad trader because I have no self control.
I am a time bomb always waiting to blow up. I can and will win 99% of trades one week, taking 150-250 trades (not RT contracts but trades) in a week.
But then Monday will come along, and i put a trade on, target 1 handle in the ES, the market moves against me, and instead of getting out for 4-8 ticks, I sit on it until I’m 10 handles down lol. And it’s not that my “system” is bad - I just have no self control.
Does that mean my way of trading isn’t reliable? No. It’s how locals trade and have traded even in the pit (the pit it was easier surely). If you trade like me and have discipline, you will be far better than me.
Given what you have said above, I suppose the question most people would have is: Overall, do you make or lose money?
Persistence! Nothing in the world can take the place of persistence.
Talent will not ... nothing is more common than unsuccessful men with talent.
Genius will not ... Unrewarded genius is almost a proverb.
Education will not ... The world is full of educated derelicts.
Persistence and determination alone are omnipotent! Calvin Coolidge
Take it from someone who trades every day about 7 hours. This idea won't work. It simply dosent work that way. Commission, mistakes, fear, gread... All these will it your acount alive if your RR not good enough. 1:1 is too risky. Especially if u are a beginner. Don't listen to all the "online gurus". Go for normal RR and u will be ok
I used to trade off the order flow scalping all day with around 80%-90% win rate but it can get pretty draining. My current strategy is just to put in a trade in the morning such as here with a stop and then go fishing and close the trade out at 3 pm when I come back.
Indeed. However, statistically there is a 90% chance that the high or low of the day occurs in the first 90 minutes after the open. Making the strategy of taking a long swing trade in the direction of the trend a pretty good idea.
Just to backup this statement ( or at least come pretty close)
Over the last 5 years...
The high of the day occurred during first 90 minutes 457 days out of 1249, or 37% of days
The low of the day occurred during first 90 minutes 621 days out of 1249, or 50% of days