how to start futures trading (emini)

Discussion in 'Index Futures' started by kashili, May 3, 2014.

  1. Birinhos

    Birinhos

    lol I have to admit that part was funny ;-)
     
    #211     Jan 20, 2017
  2. Xela

    Xela


    I hear you, but I suspect not, this time: I think he's probably exactly who he says he is - as well as very arrogant and opinionated, and apparently with no suggestion of anything that might come across as an apology or retraction when he's totally misunderstood something fundamental and been rude to others, himself, on that basis. :rolleyes:
     
    #212     Jan 20, 2017
  3. Birinhos

    Birinhos

    I think rude is to assume my prints are fake ... Simulations prints lol

    And rude is to say 6k does not work and does not explain why. Just because it looks good to say.

    And on top of all rude is to say : "you will fail" not explaining why

    But ok ... you can rest this is my last post . I already understand the 6k issue.

    tchau
     
    #213     Jan 20, 2017
  4. Overnight

    Overnight

    Then just DO it! Take $6K and trade it for real! And see what is or is not! What can you not understand of this? If you have the faith in your system, then just DO it! Sheesh!
     
    #214     Jan 20, 2017
  5. comagnum

    comagnum

    I have come to realize that anyone wanting to day trade the ES with a small account has to go through their own learning curve. It usually takes a lot of pain and time for a trader before they hit their stride. No intervention can change this - even when you explain how they need to make at least 100-200+% just to break even from the expenses of day trading and how HFTs prey on weak hands (tight stops don't stand a chance), etc. Backtesters often over look the round trip slippage which on the ES is $25 (one tick in & another tick out). Futures trading transfers $ from the many to a few.
     
    Last edited: Jan 20, 2017
    #215     Jan 20, 2017
    Handle123, Xela and Crashed like this.
  6. Mtrader

    Mtrader

    6K is more than enough to make money. But you are missing 1 very small detail: this is only possible for a very experienced and proven profitable consistent trader. So that excludes you (at least at this moment) and also over 90% of all people in the world.

    Simulations have no value at all and are a waste of time and energy if they do not reflect correctly what would happen in real trading. In your case the simulation is totally worthless.

    A Sharp ratio of 3 or higher is considered excellent. You show a Sharp ratio of over 5000!!! That value is at least 1000 times higher than the best ratios of the best traders in the world. You have no clue what trading is all about.
     
    #216     Jan 20, 2017
    Xela likes this.
  7. Birinhos

    Birinhos

    like I said that was a special night that I did not even consider in my statistics. That was a moment of trading (about 3h) in the elections night that ES went all the way down like never before... and I "short it" all the way down ... the market was so volatile that I would never use real money .. and never would use more than one contract

    How can you take metrics of one small moment that went well ?



    I have just put that print to show that I was with one simulation account of 2k (like I always set it...)

    In my bet exchange work One time I was lucky to catch one bug bot that was giving money in one impossible result (I had one of the biggest green of my live) will I consider that in my performance ?
     
    Last edited: Jan 21, 2017
    #217     Jan 21, 2017
  8. Mtrader

    Mtrader

    The fact that you don't even realize that you could never trade it in real life, the fact that you don't question the huge rate of winning trades, the fact that you don't find the sharp ratio "a bit high"(over 5000???) and many other things, show that you have no clue what trading the ES is all about.
    In three hours you did 536 trades, that's 1 trade every 20 seconds? So you made very, very small profits per trade, maybe even smaller then the slippage. Which means that in fact you probably lost money.
     
    Last edited: Jan 21, 2017
    #218     Jan 21, 2017
  9. Birinhos

    Birinhos

    Again... I know it was a special moment but it was what it was ... lol

    Yes I made lots of "clicks" (there was 11k in commissions... ) when I saw that trump wins and before ... and I was already inside when it starts to go down (I was monetizing the votes counting in a place that information comes first than news or normal sites... ) ... every time I made a click (one or more) to short it I update my stop loss that was higher ... if you go over your "budget" account in simulation NT does not let you place more orders ... meaning it would have been possible.

    I am used to do many trades in sports betting .. I do 200-300 trades in 2h average trying to win ticks (that is how it works in sports exchange ... (..commissions are different... )).

    Just one question for you : have you ever trade in ES? and if so, ever you ever use ladder view (market depth) to monitorize tick by tick (like real day traders do)?
     
    Last edited: Jan 21, 2017
    #219     Jan 21, 2017
  10. Birinhos

    Birinhos

    lol I did not make small profits per trade .. I increase the force of my position and update the stop loss ... like an increasing trailing stop ... when it stop to go down I close the majority I left open ...

    Some times I close somes (decreasing the "force" ) in the middle of the trade thinking it would stop to go down ...
     
    #220     Jan 21, 2017