20,000 a day? Averaging 20,000 per month after tax is pretty good if you ask me. And a lot more achievable than 20,000 a day.
$5 million per year uncompounded. If you compound it, you might have a liquidity problem like the Instos have.
Swing trade the ES instead of day trading it, you can scale to the moon. Compound all the way to 10,000 contracts.
Hi SimpleMeLike, Lets forget about the yearly returns crap then. Can you tell us how much you are prepared to risk on each trade to make $6000 a day. Concinnity said his plan is to risk $1000 per trade, (8 pt stop loss x $120 per NQ point), to make his $6000 a day target. What is your risk per trade going to be if you want to make say $6000 a day? And how much will you risk to make your desired target of $20,000 per day?
Good Morning Businessman, Now that is what I like to here my friend. Good work. Now we talking the real deal now.
Good Morning Businessman, lol, man forget all that stuff little talk man. You already know what you and I need to be doing man. Trading the ES and get rich as fast as quickly as possible. There is nothing else to focus on. We do not need to make conversation complex. It is not rocket science here, we both have one purpose year-to-year and that is Make + $1 million a dollar trading the ES. And congratulating anyone who is doing it. so lets get busy and stop all this debate stuff and carrying on. I think sometime on the ET forum, we make discussions very complicated, when we all joined the trading business to very rich, very quickly. The only question I have for anyone is anyone having any issues trading +100 ES contracts with slippage with NinjaTrader 8.