How many retail traders do you think there are that are actually make 7 figures on a daily basis? My guess? Probably 0. Start with making consistent money, size doesn't matter. You will see that is difficult enough. If you can do so the decent income will follow automatically.
What is the Margin required for an electricity contract to trade? Why would no retail traders trade this commodity?
Superb post! Yep, start small and compound your profits week after week, that's what successful trading is all about.
For now electricity futures is not a liquid contract, regardless of the trading exchange (CME or ICE).
7 figure swings on overall book and not retail. you can have 7 figure swings trading almonds depending on your size
Knowing what you're doing is harder in electricity markets than in most others. There aren't many books about it and most people learn from on the job trading working for a power marketing firm. Additionally at the end of the day there just aren't many traders in these markets who aren't actually serving load or who own generation. So little volume, almost all OTC negotiated even if it's cleared, and most of the players have some legal inside knowledge. I certainly wouldn't recommend it for your first time retail trading, but if you're looking for an interesting job it's worth pursuing an entry level trading job. I'll defer to @bone on that, he's got the most experience doing that of anyone here as far as I know.