
The Futures copycat trader continues to show potential, but it is inconsistent. Yesterday, I set the “copycat” up on my LIVE account. It was a losing day. Today, I decided to use my SIM account to reduce my losses. Of course, it turned out to be a winning day. A winning day on a SIM account does not replenish any of the previous day’s losses.
The “copy trader” master continues to make posts on our Telegram channel to keep us looking forward:
I wanted to take a moment to share some thoughts on the last few days of trading, even though it may sound like I’m offering excuses. Recently, we’ve seen the ES move with an average of just 42 points. For context, back in July, we were seeing daily movements over 90 points. This drastic shift is definitely concerning, especially when combined with the divergences we've been noticing—on many days, including today, the major indexes aren’t aligning.
When one index rises while another falls, it creates a tough environment for the market to follow through. Even when there’s an attempt at a breakout, we’re often met with unpredictable spikes in both directions, making it very challenging to capture the right trades. Rather than the wins we’ve grown accustomed to, these sudden fluctuations have led to losses over the past few weeks.
As the saying goes, “what can’t go on forever will eventually stop.” The market won’t stay stuck in this tight range forever, and I’m confident that when it breaks out of this lull, the movements will be significant. I want to be honest—I’ve had more losses in the past couple of weeks than I’ve had in a long time. Part of this is due to my own nerves, but I’m working through it.
It’s important to remember that if I didn’t have a long track record of success, I wouldn’t have put myself in this position with so many of you relying on me. Admittedly, I didn’t foresee such a tough start to this period.
When we do have good trading days, the rewards are substantial, and I firmly believe we’ll see big winning days again. However, the timeline for when this shift happens is unclear. The longer we stay in this low-volatility range, the stronger the moves are likely to be when we finally break free from it.
This situation reminds me of the story of R.U. Darby during the gold rush. Darby put his life savings into a promising gold mine but came up empty-handed. Frustrated and out of funds, he sold the mine for a fraction of what he paid. Not long after, the new owner discovered one of Colorado’s richest gold veins—just three feet away from where Darby had stopped digging.
I’ve often felt like I was "three feet from gold" and never gave up. One thing I’ve learned is that when I feel closest to quitting, it’s usually a sign I’m on the verge of a breakthrough. We all have the option to quit, but if you know you can walk away anytime, why choose to do so now? Why not keep digging just a little further?
If any of you are feeling like you’re on the edge of giving up, I encourage you to switch back to SIM trading for a while. This will give us the chance to show you what a more typical market looks like.
Thank you all for your continued support and trust. Let’s keep moving forward together.
I am going to trust that consistency will arrive. I hope it arrives soon. 🙂