Is it possible to consistently make $5000 a month trading 2 index futures contracts per trade ?

Discussion in 'Index Futures' started by etradeqeko, Aug 8, 2018.

  1. Turveyd

    Turveyd

    Markets have a way to humble everyone!
     
    #131     Aug 15, 2018
    smallfil likes this.
  2. trader99

    trader99

    Totally possible. This is real account trading now. I stopped the sim or only practice a little bit on it.

    Just with one lots. I have evolved from watching every tick to holding for minutes to now overnights. I know it sounds scary but you have to look at the daily and hourly chart for holding. For entry, I use a much lower timeframe. Catch a good trend and ride it for a few hours.

    I'm NOT saying swing trading which I think would be good but too difficult emotionally given the huge up and down moves. I like to catch the intrady swings or the overnight moves. I can't hold for days waiting for a big trend.

    Intraday swing and overnight holds are good spots. GC has low margins. I did 2 overnights on GC each made over $1K with very little stress and fits my schedule well. I don't know how many daytrades and stress I would have to go through to get $1K of profits per trade. Last week I got screwed in GC, but then I changed my thinking and now making money on it.

    Then this morning on NQ, just to test it. 1 lot. In and out $346. I even got up late today.

    On trendless days then you gotta scalp. But even then you can do a few minutes to tens of minutes hold rather than scalping for ticks.
     
    Last edited: Aug 17, 2018
    #132     Aug 17, 2018
  3. TraderEX

    TraderEX

     
    #133     Aug 21, 2018
  4. TraderEX

    TraderEX

    Very possible.
    BTW. I don't eat scones
     
    #134     Aug 21, 2018
  5. TraderEX

    TraderEX

    Really? Does slow and steady work? PS. Love your accent! Screenshot_20180820-225311.png
     
    #135     Aug 21, 2018
  6. TraderEX

    TraderEX

    Grail? Screenshot_20180821-030328.png Screenshot_20180821-030436.png Screenshot_20180821-030503.png Screenshot_20180821-030513.png
     
    #136     Aug 21, 2018
  7. You are really trying hard to convince everybody. That desparation raises a lot of questions. Just letting you know how you come across. You spend an average 3-4 minutes in a trade to make $30 average per trade and are splashing around your graphics. How are you in a trade for 16 minutes with a 3 tick stop loss and never hitting your 1 tick target?
     
    #137     Aug 21, 2018
  8. speedo

    speedo

    Looks like his whole riff is just an Ad for Tradovate.
     
    #138     Aug 21, 2018
  9. Don't you guys trade? Get to work!

    ES
     
    #139     Aug 21, 2018
    tommcginnis likes this.
  10. Maybe that's not all bad.
     
    #140     Aug 21, 2018