Questions for Successful Daytraders
I’m currently practicing Superman trades on ES1 replay and am approaching the 50 practice trades mark. I am currently profitable but am only winning around 40 percent of the time. I’ve been setting up my practice trades 2-to-1 profit and would have been able to achieve 2.5-to-1 on all, and 3-to-1on all but 2 of my winning trades. I have gone on long losing streaks (7 trades in a row is my longest) and start losing my confidence. Going on long losing streaks makes me feel like I’m not ready to move on yet. However, when I review my losing trades, I can’t find fault with the setup. My questions for the successful daytraders of the group are the following: 1. What is your winrate, or what is a realistic winrate for a proficient Superman trader? I want to make sure I’m not being unrealistic in my expectations. 2. Are you profitable every single month, or are there bad months? Some months in replay practice were pretty rough. 3.do you find trades every week? I know Kyle mentions there won’t be opportunities every day. I’ve practiced in replay from April 2024 to now and found there were several week-long periods I did not find a good opportunity to enter a trade (all on ES as of now) Is this normal, or am I likely missing opportunities? Thank you in advance for any responses and feedback.