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Trading the Emini S&P500 with Responsible Day Trading +$3,375 Following the Trusty MACDs for 1 Hour!

Jan 19, 2022

Hey traders!  Yesterday was a fun day!  I love that I can trade for an hour, follow the MACDs, follow my rules and come out ahead of the game.  I can promise you that it didn’t come over night—it took a lot of time, a lot of dedication, a lot of mistakes, a lot of forgiveness, a lot more mistakes and a LOT of faith that I was good enough to make it happen.

 I did hit my big loss of 22 points, which still hits me quite strange…. It just seems SO big—but when you’re trading with 8 contracts, if you have too small of a stop because of fear, you’ve already lost to begin with.  There is a factor of getting used to having a large loss—but it is part of the game when you are moving up the scale in contracts. 

If you’re not prepared to lose big, you’ll never be prepared to win big. You have to know that it is part of the process and that we are NEVER going to win all the trades---- but we can win a majority of them.  Heck, we can win some of them and still come out on top as long as our risk to reward ratio is in play properly.

Well, as I’ve said—we’re going to start working more towards getting education videos out and take a bit of a step back in the current videos I’m making.  It truly is a time issue for me but I KNOW that the change will help others to make big strides and, and that’s why we do what we do—to see people come out on the profitable side my friends! ;)

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All content published and distributed by Responsible Day Trading and its affiliates (collectively, the “Company”) is to be treated as general information only. None of the information provided by the Company or contained here is intended (a) as investment advice, (b) as an offer or solicitation of an offer to buy or sell or (c) as a recommendation, endorsement or sponsorship of any security, company or fund. Testimonials appearing may not be representative of other clients or customers and is not a guarantee of future performance or success.

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CFTC Rules 4.41 - Hypothetical or Simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, because the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.