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. Turveyd

    Turveyd

    So to stop them running and running against you, you close them out at set times, hopefully still in profit over all and run it again the next week.

    What happened, to always making money ?? you never said anything about taking HUGE losses LOL

    So 1/2 of your orders didn't fill, therefore where at a loss

    So 1000 orders approx made 20pts per order ??

    The other 1000orders where sat at a loss from 20pts to upto 300pts.

    So even if your trading on a Micro account that's still $100 per pip live trades, average I'll be nice 100pts average down over all on your holdings so that's -$10,000 down, nasty.

    Then 1000 profits, making 20pts a go after Comms ?? on Micro so $2 per profit ? = +$2000

    So -$8000 on the week, with guesstimated figures!

    If your trading Mini then -$80,000

    If trading futures then -$800,000


    Personally, don't think you could take a -$8000 hit hence your DEMO and after sales ie a SCAMMER!!


    Can I pay for your method please!!
     
    #201     Nov 24, 2014
  2. Why would you buy something that has a -$8000 weekly hit ? That seems to suggest your weekly gambling losses are greater than that.
     
    #202     Nov 24, 2014
  3. Turveyd

    Turveyd

    Changing the subject, sore spot there.

    So unless you have a sideways with big range week that closes in the middle say then your method fails lol

    Laughable man, laughable, no wonder your so keen to big yourself up to sell it.
     
    #203     Nov 24, 2014
  4. blakpacman

    blakpacman

    Day traders that make money consistently are not average.
    The "average day trader" loses money.
     
    #204     Nov 24, 2014
  5. Turveyd

    Turveyd

    How about, we presume that IF he can trade well, how much they can earn working like that ??

    He's asking, cause he can trade well or he's hoping he will be able to trade well, get it ??
     
    #205     Nov 24, 2014
  6. Turveyd

    Turveyd

    Come on EJ post up your DOS / UNIX shell for the week, lets see how badly you lost this week.

    Other side, rararara
    Not gambling, LOL
     
    #206     Nov 28, 2014
  7. This week the business is down. I saw no bankers in action and only the market makers monkeying around with the price levers. This is likely to be the theme until the new year starts.

    I have a new personal best score of letting the auto trader getting on with it for a full week without intervention.

    So the stats for my scamming, text editing, martingaling *stacks* of baskets *EA* trading system is as follows:

    [​IMG]
     
    #207     Nov 28, 2014
  8. Turveyd

    Turveyd

    So less trades but less trades as a % hit there TP, no idea what your trading so don't know how far away you are.

    But 2 weeks of down in a row, I bet you'll require 4 - 8 good up weeks to compensate for these 2 down weeks aswell.


    REALLY hope thats a demo account, 99% sure it is.

    When are you going to start to learn to Trade ?? I had a up week, very little only traded 2 hours on Monday, but better than that :)


    You will always lose on Trend weeks, you've got a chance on Choppy sideways action weeks as most trades will hit TP!

    Just a different sort of gambling.
     
    #208     Nov 28, 2014
  9. Turveyd

    Turveyd

    Why don't your numbers work out ......

    Short side, 2243 orders, - 803 which got cancelled so 1440 trades, but TP and Fill = 1243 so 197 short ??

    Same on the Long side!
     
    #209     Nov 28, 2014
  10. Not sure where you are getting a down week from. You must be assuming everyone is gambling like you. Orders are orders. Those have nothing to do with trades or positions.
     
    #210     Nov 28, 2014