QUESTION: One point a day, two points a day? What is the best you people ever heard of at the presend market conditions(net average, ex-commission)? 10 points ES a day? 20 points ES a day? Sounds crazy?
I am not sure if it has ever been measured what above or below average is. However as I mentioned previously in this thread, just imagine if you are making 2 points a day per contract, per day. Then we are talking about almost making %5 a day or practically 10 times of your account annually. Now, very honestly, how many people in this market make %1000 a year? Hypothetically if we think every one has the same account size and only %5 of us make 2 points a day. This means %45 of the rest us will have nothing left at the end of the year. I know it has been said that majority of traders fail, but it is kind of hard to believe that average ES traders make more than 1 point a day. This is what I think, but I could be wrong too.!!!! May be there are more than %5 of us who make that much and may be there are more than %45 of traders who get wiped out annually. I am not making 1 point a day, but I am not being eliminated also