What is the average can a day trader manage and earn on wall street?

Discussion in 'Prop Firms' started by tonyzhou, Nov 8, 2014.

  1. tommo

    tommo

    Ferdinand,

    Short answer futures.

    Long answer I trade multiple markets. I think you need to have an arsenal of weapons to survive so I have certain edges and look for them in as many markets as I can.

    As I am based in Europe I trade mostly European stuff on Eurex. Bund, Bobl, FESX, Dax etc In the afternoons scalp CL, Gold and Silver.

    But also run autospreaders in correlated markets, so dax versus FESX or oil calendars
     
    #161     Nov 17, 2014
  2. Are you betting red or black ? The odds on that is the highest.
     
    #162     Nov 17, 2014
  3. Turveyd

    Turveyd

    Better odds on black as red is always faster.
     
    #163     Nov 17, 2014
  4. Turveyd

    Turveyd

    Slow day, 1 BE, 4 profitable, no losers +$320 not bad for a casino gambler. Nearly had a 50pt move for risking 10 aswell, distracted by an Ex GF :(
     
    #164     Nov 17, 2014
  5. Here's to contrast your gambling with real trading. See if you can tell the difference ? 3 days and greater than 1000 closed out trades (long and short). It's my best ever published score.

    But don't be all sour faced because I can give you some good news. I gambled not once, not twice, but thrice and nearly lost my shirt. My trading will offset the loss, but the month will be a loser overall. Even with one more week of the month to go, I am unlikely to fully make up the loss.

    Where there is loss there is also gain. The loss reveals to me a holy grail that allows me to take very high probability gambling style manual trades. So far one break even and one sizeable win with it. But gambling style is too much stress and too much effort. So I won't use it unless as a last resort.

    [​IMG]
     
    Last edited: Nov 21, 2014
    #165     Nov 21, 2014
  6. Turveyd

    Turveyd


    Stop being cyrptic and tell us how you trade then.
     
    Last edited: Nov 21, 2014
    #166     Nov 21, 2014
  7. Turveyd

    Turveyd

    p.s. just because you class it as gambling, doesn't mean it's gambling, as soon as I start losing money I hit the stop switch and fix it, although I am down this week, but only 1 profitable trade so not sweating it, bad week in general! ( mid method development phase currently )
     
    #167     Nov 21, 2014
  8. d08

    d08


    If your method is so great, why do you "gamble" the profits away?
    Anyway, I'm having a great month thus far.
     
    #168     Nov 21, 2014
  9. Maybe business was slow (not every day business is like selling hot cakes you know ? But fridays are often good), maybe it was destiny. Might as well ask why did I get the holy grail. I don't know, I was never looking for it. But it appeared when I analysed the losses.

    You have never demonstrated any trading ability. Can't say I know why you are having a great month.
     
    #169     Nov 21, 2014
  10. The light won't appear until you know you are gambling. Looks to me there's a few more years worth of gambling coming your way.
     
    #170     Nov 21, 2014
    newwurldmn likes this.