I can`t do anything by trading 1 contract,whether i do it manually or with automated strategies.But the more contracts i trade,the more stable results i get.Does that b/c the markets owners do not play 1 contract either?
I have always first tested on one lots as most methods I have tested, staggering exits for day trading never showed me better returns but having set targets over long duration told me that was the best way to trade for me, targets do change depending on time in trade, and price patterns, my belief is if you can't make it with one lot, more not going to pan out. You have to read about Price Action, backtest and design in what works for you and toss away what doesn't.
All i`m saying that with the 1 lot the results are mediocre at best.As soon as i`m adding it`s greatly improved.
Well of course, if you have ten times as many, you will ten times the results, if you are an educated/profitable trader you will do well, but if just starting out, most likely will be losing one's account. I have seen people that come into trading with huge amounts in their accounts only to walk away with nothing as they traded five lots on unproven methods. How much you make with a one lot depends on timeframe and how long duration of trade as well, Fridays' range in Crude Oil was 2 grand. If you had method where you take one point in ES twenty times a day, that's good coin as well. Good Trading to you.
Yes,of course i meant the results on a per contract basis,not the cumulative results from adding contracts.