DislikedI don't get stopped out much, mostly because I use small lot sizes and large stop losses, which are calculated based on the type of trade and the risk of the trade. I use a combination of fibonacci, news/fundamentals, harmonics patterns, and intuition. My hard stop is placed outside those parameters at 5% equity.Ignored
Dislikedit wasn't about finding a better trading system: I got up to $35k in three weeks in a sideways market so I finally knew I was smart enough to read a chart and predict its direction. But my subconscious programming couldn't cope with the success and gave it all away one hot night.Ignored
I have nothing against the business goals, but your business goals are not the realistic goals, they are just dreams. Why? Because you don't think about some very important things, for example: you have to withdraw part of your profits (it is just a good MM), you have to pay taxes, your broker has lot size's limits etc.
You say you don't need a better trading system. Maybe, maybe not. But you DO need a much better MM, otherwise you would never lose $35K in just one day (and your hard stop 5% is HUGE. What if you have two-three trades at the same time? Are you ready to lose 10-15% in one hour?) And when you finally get much better MM, you'll understand how silly these spreadsheets look and why guys said what they said.
Gentlemen always play by the rules. If they can't, they change the rules.