So here's a question for you ultra-experienced elite futures traders. Why has the best "managed futures" hedge fund been able to eek out only a 22.78% Annual Return (according to HSBC data compiled for 2016-see below) Tulip Trend Fund, LTD -A (managed futures): The $274 million managed futures fund managed by Progressive Capital Partners is up 22.78% (to 2/17) when if I am able to scalp 10 "rookie" points off the E-mini daily or as algofy seems to suggest he/she is able to make 20+ points daily, those numbers amount to 100-200+% return on investment ($500 to open one contract) daily. That's between a 25,000-50,000% annualized roi nuking Tulip Trend Fund's and everyone else's numbers for that matter. Thoughts anyone?
Lol. Hey, more power to you. Trading a 100 contracts that's $100,000 per day, $500,000 per week, $2,000,000 per month, $24,000,000 per year. Good enough for me.
The problem is that most elite traders get bored with that kind of money. For a challenge they generally become vendors. Always pay it forward!
Yeah, but then your just a salesman, like everybody else. Besides, with that kind of money I can think of a few ways to keep from getting bored.
Okay in all seriousness, Golden...I would give my left nut to average 2 points a day in the ES and then trade big size on it.
Oh, I thought you were serious. Ok. Well, even in live real money "practice" sessions I've hit 2 points. One point target on each trade with a one point stop.