Screenshot 1: Original Algo with 2.0 ATR Stop Screenshot 2: Optimized for $2000 Stop As you can see adding a static stop loss reduces net profit from $141k to $91k Not worth the trade off IMO Will go back to the drawing board and re-data mine a NQ 1440 min algo that works with a static stop

Yesterday I told some of my clients about the risk levels on this NQ 1440 Algo And as a result, they turned it off Today its up $4.6k Was this a mistake? Yes completely my fault. And in trading we are often rewarded for the wrong actions (being greedy, taking too much risk) And punished for the right actions (following a system, respecting risk) But in order to consistently make the right decisions We need to detach ourselves from the emotions Its kinda like this, if your family was trapped in a burning building. Would you run in to save them? In spite of getting 3rd degree burns, you probably would right? Even if it was a 1% chance you could save them. In this case you'd be getting 'punished' for taking the right actions That's why we need to divorce ourselves from the emotional aspects and just look at the stats Its the only way to trade systematically.

Because they are addicted to the get rich quick mentality They are trying to turn 1k into 100k (100x return) but the best traders in the world (like Warren Buffett) make 20% a year, and that's WORLD CLASS. The strategy for turning 1k into 100k (high risk big bets) vs turning 100k into 1M (low risk small bets) is completely opposite from one another which is why over 90% of beginner traders lose enough money to quit within 5 years. What traders don't realize is 20-40% a year returns is enough to make you a MILLIONAIRE If you have a <5% chance of turning 1k into 100k in a year Then you have a 95%+ chance of turning 100k in 1M in 10 years Beginner traders think in DAYS Professional traders think in DECADES So here at GWT, our ONLY focus is: Helping US traders with $100k+ in capital, compound to 1M by achieving consistent 20-40% a year returns on average with fully automated algotrading. (And yes, the portfolio historically has averaged more, but I prefer being prudent than naive. The worst year they've had is ~30%) Which allows our clients to replace their 100k+ salary with passive trading income, DECADES before everyone else working 9-5. And ultimately get back their time, location, and mental freedom and actually enjoy their life without the risk, time, or commitment of day trading When you think in decades you reach your goals decades faster.

Find the Bounty code and instructions here: New link: https://www.skool.com/gwt/classroom/07e27243?md=8efda23e60744fcab1e4809576476ea1

7/1/24 - 7/10/24 +$9323 realized net profits