RplusT wrote: Tue Feb 01, 2022 10:45 pm
While still having the Trendenvelopes on the main chart, by simply following the Elegant indicator, trading it in the direction of the CCI (set it t0 15m while trading the 1m chart), yellow/yellow or blue/blue and of course depending on the PA on the main chart, made really good trades today. I decided to trade only small orders today to prove my point i.e 331 points made about 350$......That increased my account by a whopping 0.07%..
.....hahahaha.....If I had a 1000$ account, it would have been 35%. That's why published 20, 30% increases do not get my attention.
Naturally, all percentages of daily profitability depend on the amount of risk per trade. The greater the risk, the greater the return. A return of 10-20% per day indicates a similar high risk and high leverage.
I'm glad you have a big wallet.
But if you trade only the XARD strategy with this account, then it seems to me that your money is dead weight. If you are additionally swingtrading on this account, then that is fine.
I am a supporter of a large account for swing trading with an expected return of 5-10% per month, with risk (1-2% per trade).
And also, I like to spin the account according to the Larry Williams system. I'm using a small intraday trading account to make it big by 5-10x in 1-2 months. Accordingly, the risk in such an MM strategy is very high. But it works for me