Who's making a living day trading futures?

Discussion in 'Index Futures' started by peppermint, Feb 11, 2009.

  1. I was in Woodies room several years ago and I know nobody there made any money. Even the star of the room at the time said he barely broke even (via PM). When I learned this, I was out of there.

    Just wondering if anyone is making a nice living day trading futures?

    No neeed for attacks or flames...
  2. TraDaToR


    + 1, but it depends on what you call "nice" living.

    Lately I only average 400/500 $ per day.
  3. Hello,

    Was doing really well for a while. However, hit a bad losing streak recently. Got to the point where i was just worn out but trading so i ended up doing what your not supposed to do even though i knew.
    Few K a day is no problem but im not satisfied so thats where i run into problems.

    Anyways, this short term stuff is more stress than i would like so ive decided to take good portion of money out and throw into index funds.

  4. Many people are
  5. 999o


  6. Geoff36


    I do.
  7. Same here
  8. gearhead


    The volatility over the last few months has worked quite well with my methodology...I've been making a comfortable living.
  9. 95% lose
    3% breakeven
    2% win

    These figures were given to me by both a large FCM and a well known accountant who specializes in traders' taxes.
  10. Euler


    That's interesting, if true -- but it also implies that the 2% must be making extremely high returns. Or it's all going to the exchanges' bottom lines, which I doubt.

    If that win/loss distro is true, then entering into futures trading seems to be a pretty bad career choice, given most people's (and their spouses') risk aversion as regards lifetime income :D
    #10     Feb 11, 2009