2 k futures account - $500 a week possible?

Discussion in 'Trading' started by sam hogar, May 18, 2014.


  1. Go away, you added absolutely nothing to the discussion except empty accusations.

    I already have used my strategy extremely successfully for stocks.

    And as already stated the strategy was tested successfully on a simulator but as stated and infered real life orders and stop losses change the very fabric of market price movements. I.E. the market maker can and will move the bid/ask to stop you out a tick or two something you would never no in a simulator becuase your stop really is not there.

    If you didn't know that then you are far behind the curve.

    Don't go away mad just go away, you are not wanted or needed in this thread.
     
    #21     May 18, 2014
  2. You have used your strategy extremely successfully on a simulator? :eek:
     
    #22     May 18, 2014
  3. If a trader can make 2% a month consistently, on average, then he is already a super trader.

    And 2K starting capital is more than enough if he trades micro lots on the Forex market, assuming he does not risk more than 2% to 3% per trade.
     
    #23     May 18, 2014
  4. I have traded equities in live time to great success, yes.

    I am using a small account for futures to try to duplicate the same success for futures as many of the underlying principals are the same. OF course many are different.

    I have tried the strategy on a virtual simulator that uses live market data, but as stated trading on a simulator and real life is radically different.

    I was making 500-700 dollars a day on the simulator trading as I would in real life in realistic conditions! I know there is no way that I can do that in real life, simply because some of my orders would not be filled or outright hunted out when using tight stops.

    For instance on a simulator the bid/ask would come within a tick of my stop and then go on to be profitable.

    In real life more than likely the bid/ask would be dropped a tick to trigger the stop resulting in a loss.
     
    #24     May 18, 2014
  5. dbphoenix

    dbphoenix

    For a trader with a 25k account and no trading plan, a realistic return would likely be zero. More likely the account balance would be considerably less at the end of the year, if he made it that far.

    I suggest you read and re-read wrbtrader's post above. He tells you everything you need to know.
     
    #25     May 18, 2014
  6. A very honest answer. I have read a lot of your posts before you definetly bring a lot of realism to these threads.

    So your answer is has already been implied but I shall ask the question anyway. Do you think those stories of people making 20-30 k a day on 20-50k accounts are absolute B.S.?

    Just ego and dream marketing from brokerages.
     
    #26     May 18, 2014
  7. Why not continue trading equities if you have had great success?
     
    #27     May 18, 2014
  8. Wide Tailz

    Wide Tailz

    If there was any money in checking your math, I'm sure a few of us would offer to provide our services. :)
     
    #28     May 18, 2014

  9. I actually suggest you learn to read period. Your comprehension and literacy abilities are severely dysfunctional.
    <O:p></O:p>
    You already came in here as a boisterous fool screaming how the market never goes up 25% in a week, when that was never suggested or even implied.
    <O:p></O:p>
    Just because I have been civil to your incompetence and rude behavior does not mean I will suffer you indefinitely.
    <O:p></O:p>
    You have added nothing.
    <O:p></O:p>
    Don’t go away mad just go away.
    <O:p></O:p>
     
    #29     May 18, 2014
  10. dom993

    dom993

    FWIW, in 1987 Larry Williams won the WorldCup Championship of Futures Trading with a whopping +11,376%

    This is an average +19.5% per week, compounded.

    Did he maintain that performance level for even a second year? No. But still, he proved this level of performance can be done by an exceptional trader in exceptional circumstances.

    And, BTW, the OP's question is not about doing +25% a week, but +$500 a week. Assuming he can get a few good weeks in a row at the start, the $500 weekly goal becomes more accessible.
     
    #30     May 18, 2014