Lady luck has a hard-on for me · InvestCEO with Kyle Henris

Lady luck has a hard-on for me

If you'll remember, last week, I caught this 33 point millisecond move (due to the Fed rate cut) on the very bottom tick (1st pic) to ultimately pass my EA account.

Since then, I've won some, lost some, and last night was sitting at about 49.7k after a pretty bad day. At 11o' clock last night ES was getting close to my Superman entry, but it was past my bedtime and I was too tired, so I set up my ATM and figured, what the hell, either I'm right or I wake up and only lost $350. I woke up and checked Trading View and sure enough, my trade stopped out. Before I left for a doctor's appointment, I decided to check Ninja Trader where, to my ultimate suprise, I found I was still in the trade, and that I was 10 points up!

I'm not at all certain what happened, but if I had to venture to guess, when my computer went to sleep, it allowed the trade to trigger but not the ATM. I closed the trade for a $2,200 gain; my Take Profit was $700.

I know, I know: this could have gone absolutely horribly and I could very well be sitting in the corner of my room despondent to the world, but it didn't, and I know now never to set and forget a trade, or at least use my sim account to find the issue and rectify it (although quite honestly I'll probably just stick to the former).

I'm now past the trailing drawdown I believe (it stops following at 51.2k right?), which is great because it was affecting my trading. I think I want to build about another $1,000 cushion before I take my first payout. Is that about the right size cushion, in everyone's opinion?

Also, for anyone who looks at this and thinks I've only made it this far into a PA due entirely to luck, you're technically right, but only insofar as the amount of time it took to get this far. My backtesting and replay testing have shown a win rate that would make me profitable, albeit at a slower pace. So I'm lucky to be here this quickly, but I would be here in any case.

2 comments