100% Even those who have reached "Market Wizard" status, trading huge personal accounts on the floors of the exchanges or large pools of investor funds have tilted, often losing millions of dollars in a day or over the course of a few days. Tilt is ...

Call me Vidvad - I day trade futures

There is no place for tilt, and yet there it is, always just around the next corner, or doggedly tracking the trader down, its hot breath on the back of the trader's neck. The roulette epiphany is an anti-tilt tool in many respects.

Call me Vidvad - I day trade futures

Good suggestion, turnip! A friend of mine with whom I used to work also trades and he and I had a conversation about Tilt a week or so ago. I was telling him about my "roulette epiphany" and he said that Tilt had been one of his biggest issues in ...

Call me Vidvad - I day trade futures

You are exactly right. And i think the prop firms know this and build rules ... "rules" that tempt Tilt and failure and blown accounts. I do think Topstep is one of the better firms. TradeDay is another top prop firm, imo. Apex is the dungeon. The ...

Call me Vidvad - I day trade futures

I don't have much time to read through Topstep's discord server and with no work, the market closed, and the rest of my family sleeping off New Year's Eve, I was doing some browsing this morning. After reading a few posts were people mention losing ...

Call me Vidvad - I day trade futures

Clear-eyed explanation of how prop accounts work. You r account size is the MLL, or Max Loss Limit. For most firms, a "$50K" evaluation account buys you a $2000 leash. As this trader says, build on that and you can get paid as a trader. Most who ...

Call me Vidvad - I day trade futures

And if cannot compile his edge in an EA, then he doesn't have an edge.

Call me Vidvad - I day trade futures

Write your method using plain language. If you can't write it in plain language on, say a 3"X5" index card and in such clear commands that you could hand it to any other experienced FF member and that member could then trade your method, then the ...

Call me Vidvad - I day trade futures

Why read all of Crime and Punishment when you can just read the Cliff Notes? Getting the "gist" of something isn't the same as getting the full depth of meaning. There is an experience that goes into the writing of an essay that ChatGPT will not ...

Call me Vidvad - I day trade futures

On Discretion in Trading I have long been of the opinion that discretion is the enemy of consistently profitable trading for most of us. I have allowed myself to question that opinion and over the past year or two, there have been times where my ...

Call me Vidvad - I day trade futures

The roulette epiphany I experienced really drives this home to me. Like so many trading truths, this is another that I had paid "lip service" to believing. However, my roulette epiphany, and no small part of that "Aha!" moment was I realized that I ...

Call me Vidvad - I day trade futures

image I'm entering 2025 as confident as I have ever been that I have all the tools I need to become the consistently profitable trader I've always strived to become. If I fail, I will have only myself to blame. An older, wiser, much more ...

Call me Vidvad - I day trade futures

Merry Christmas, rocky, to you and to yours!

Williams%R, SAR X-over 15 minute candles

I saw this today and I thought how much this speaks to the roulette epiphany. The ability to observe price and deploy your edge, without evaluating the result of any particular trade is a necessary condition for consistently profitable trading. It ...

Call me Vidvad - I day trade futures

The markets open soon. image

Call me Vidvad - I day trade futures

My roulette epiphany included my sudden realization that though I have paid lip service to this concept for years, I hadn't truly accepted it. How does one know that one is saying this but not truly believing it? The search for the perfect holy ...

Call me Vidvad - I day trade futures

From 24:14 to 29:42 is a great clip. The whole interview is worth watching if you focus on it and learn from it. url

Call me Vidvad - I day trade futures

I agree. This is 100% true.

Williams%R, SAR X-over 15 minute candles

ICT is a fraud. I don't know how he has fooled so many for so long. He appeals to the conspiracy theorists and over the last 10 years there has been an explosion in that segment of the population. ICT Just Secured His Legacy as a Total Fraud - ...

Call me Vidvad - I day trade futures

I know what you are trying to say but I don't know how to say what needs to be said for you to see my perspective on this. I can only tell you I used to think like you but I now see I was in error. Since correcting that error I have made more ...

Williams%R, SAR X-over 15 minute candles