Hi All
I am based in the UK and about a month in from sim on DAS and I am starting to understand risk, levels and partialing, some strategies and the technology. I am having some green days but I am still heavily overtrading (like a bazillion trades a day) - mainly to get as much practice as possible with live market conditions. So what I do is put a nominal stake in the ground and say "if this was real I would stop here", mark the time and then carry on practicing where I would invariably blow the profit with the multiple subsequent trades.
I am concentrating on 1min 5min ORBS, HOD (John on the chat is very useful for this - thank you!), and long trend trades. For stocks in play I am using the suggestions in the daily chat (thank you Norm, Carlos, John, Andrew, Brian, Thor).
So my nominal amount is $250 either in the green or the red - would this be a reasonable daily amount to aim for on a 25k PDT account? i.e. Andrew regularly posts daily profits of 10k (and sometimes a 38k loss!) on his ORBs which is very cool to see, but I am assuming his account is multiple times larger than the 25k minimum.
Yours humbly
Chris