as recently as July 2012 you were trading with 1 lot. +1700 on 6J isn't to be sniffed at, but by now, if you believed in your strategy, you would have scaled up. That is a fact.
Sure it works in futures. But I bet you not in a way that most of you guys "think" it works. I am sure most are still focused on a simplistic way of discerning "size" without any other dimensions to it. Since July 2012? Let me tell you, I have been trading 1 lot for almost 4 years now, and will probably continue trading 1 lot for another 4 years! I constantly have the same conversation with other traders saying that changing that little digit from 1 to 10, considering the liquidity available on the 6s, makes no difference. Sure it does not, but go back to the beginning of the thread and read again: 1) It is all about the money: I need to get a paycheck from the market every week. Therefore, the account will never grow to the size that will warrant adding more size/risk. It is the way it is. 2) It is not about the money: I enjoy and take pleasure of knowing - and tagging along with - what the likes of Deutch, Citi, Barclays, UBS, etc. are doing or are about to do! 3) Here is a quote from an article in Bloomberg on JPM: "The firm made money on 220 out of 261 trading days." That is what it's all about - making money everyday! 4) Any trader worth his or her salt knows the psychological factors involved in "size". I simply do not wish to explore that, again, for nothing other than the reasons above. Here's the cut of the loot for last trading day of February:
If you trade 1 contract because you get nervous when trading size it simply means that you haven't made any real progress in your trading. That's something to think about. honest. There are easier ways to get rich that are more socially and emotionally rewarding than piking for a couple of hundred bucks.
It must be truly rewarding to achieve your level of high percentage profitability. How many years did it take. Say five and I will spit! Congrats. No intention to cross or conflict with other ET "real deals" posts regarding size. I just haven't seen this type of consistency being the amateur home gamer that I am.
"I have been trading 1 lot for almost 4 years now, and will probably continue trading 1 lot for another 4 years! I constantly have the same conversation with other traders saying that changing that little digit from 1 to 10" 1) It is all about the money: I need to get a paycheck from the market every week. Therefore, the account will never grow to the size that will warrant adding more size/risk. It is the way it is. - Reader Rage... 6/10 2) It is not about the money: I enjoy and take pleasure of knowing - and tagging along with - what the likes of Deutch, Citi, Barclays, UBS, etc. are doing or are about to do! - Reader Rage... 10/10 3) Here is a quote from an article in Bloomberg on JPM: "The firm made money on 220 out of 261 trading days." That is what it's all about - making money everyday! - Reader Rage... 7/10 4) Any trader worth his or her salt knows the psychological factors involved in "size". I simply do not wish to explore that, again, for nothing other than the reasons above. - Reader Rage... 10/10 Who said anything about going from 1 lot to 10? Just go from 1 lot to 2 frigging lots. If 1700 & 900 +P/L is any indication AT ALL of your general performance, you should have NO TROUBLE putting up the additional margin to safely trade 2 lots. Not sure if you intended to annoy readers (succeeded with me), or if you are truly deluded. I know a lot of trading forum members are the latter and I feel sorry for them.
"It's been a while since I posted anything. Came across a "Loch Ness Monster" citing on 6J and could not resist to take a screen shot and post it here. This happens perhaps once every year or so on some contracts, and I tell you, when it does, you bet the farm!" - It comes but once a year. But in your case... you bet... 1 lot? 2 lots?
Nothing to get mad about, and nothing to feel sorry for when they fall flat on their face. Most of em are lying. thats why i ask them to show their profit, they never do
No one online owes you anything...I hate when people have this mentality. Why would any successful trader show you their PNL?