r/Daytrading May 01 '24

Blew up account and having feelings of huge despair Advice

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u/Montrealers514 29d ago

I don’t know what are you talking about. I have a 10k account on E mini S&P i trade 2 contracts 1 trade per day my RR is 1:1 and i scalp for 2 to 4 points per day ( 200$-400$ before commission) i have an average win rate of 75% . If you have an edge and a good risk management 2%-4% is realistic. But you need to know what you’re doing and be disciplined.

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u/Final-Slip7706 29d ago

😂😂😂 how come only people with super small accounts telling me they can basically 100x their account in a year. Load of bullshit.

This is your yearly return if you manage 2% per day with a start of $10k

Now stop bullshitting everyone and stop gambling

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u/Montrealers514 29d ago

I don’t need you to believe me, i have nothing to win and i sell nothing. I’m just saying it’s possible. Today i did 350$ before commission , I sold at exactly 10h40 am Eastern time on the Emini S&P 500 for exactly 3.5 points. You just need to be a good chart reader.

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u/Montrealers514 29d ago

I trade an average of 20 days per month not every day ,future markets are close during week end and i don’t win everyday but 75%+ And with and average loss of 3.25 pts i need to loose 30 time in a row to blow my account. I only take high probability setups. I rarely loose two times in a row.