Possible? Yes Consistently? Not very likely, but some outliers could achieve it through a statistical freak
By marginable trades I meant returns on margins. Not marginable trades returns are %gains based on full contract value. It is not the first time someone comes here with 3 posts under their handle and states he can squeeze 10-20% a day, yes, full return on full contract, on futures.
Conclusion : you can't believe automated trading brings bigger returns just because your strategy cannot be automated.... The day you will find something which can be automated, come back and let us know if you ae still thinking the same.
Returns for funds are always calculated as returns on invested capital. Check the rules that have to be followed by CTA's to comply with NFA and CFTC and you will see what i mean (VAMI). Risc is also mesured on invested capital. For Romik it was clear that he meant on invested capital as i already mentioned earlier. So no need to discuss this return on full contract. To be clear about my opinion: i never said that all these returns that are posted are real, but the arguments used to proof that the returns are fake are sometimes fake too. I reacted mostly against the so called waterproof system of coumpounding. It is more often used in a abusive way than in a correct way.
fair enough, I also think those returns are achievable, and it's more the case on products like sgxnk, where margin req are extremely low and ranges of 200-600points a day can allow u to double your stake on a daily basis. On his side also, he's auto-trading and I stated many times before that without a competitive algo u have little or no chance of being successful on futs, therefore this adds some credibility to what he's saying.
Look romik simply said he was net averaging 20% returns in papertrader per day and 12.5% returns/day in real life. I am not a futures trader nor have I studied it. However, when you post that you are making 12.5% returns a day on average I assume that you are talking about a sizable account with at least a sizable capital capacity such that that net return can at least be consistently achieved. I do not know of anyone posting performance without taking account realistic limitations.
So what? Post all my posts why don't you, have you read them all? I never mentioned that I have been trading real account for a long time, I am a rookie, but a well prepared one though. All I told you that so far my trading generates that return on investment. I am not selling anything here or maybe I need to post 1000+ threads to qualify for your levels of wisdom? I am not here to start any sort of insults, I posted my returns in the wrong thread, as you are talking about AUTOtrading your strategies, I don't do that. I also expressed my views that autotrading strategies do not offer high returns on inv, as in my opinion they are there to preserve capital against inflation, etc. They are not aggressive enough to generate these sort of returns. Like Spike500 has suggested, I will not disclose my trading principles, all I can tell you that they are probably much more simple than most strategies based on TA. You can have a view that so called discretionary systems do not last and eventually we become Nick Leesons, fair enough, we all do what we believe in, right? Like I said before I am not after generating huge incomes, I prefer to be in the comfort zone for a long time. Whether it will actually work in the long run, only time will tell. But I will say it again that the more the risk, the more profit/loss potential is offered, you all know that, so what's the problem? Your risk level will command your future profit targets. In some way you can say that even Mr W Buffett is a high risk taker investing in a company and holding stock for many years, until you know what percentage of his actual cash he dedicates to that specific investment.