Your average intraday profit per contract in ES?

Discussion in 'Index Futures' started by McCloud, Jun 28, 2003.

  1. You're right. The poller made an obvious mistake.
    As you must see, polling is an advanced discipline that requires specific skills.
    It can be heavily misleading...

    Can't it, Mr Bush? :eek:

    But HEY - Let's face it : Isn't it awesome to know that 34% of ES traders make 5-10pts per day?

    :D

    ~Scientist
     
    #31     Jun 30, 2003
  2. Well, 34% of the profitable ones that is :)

    best

    Natalie
     
    #32     Jun 30, 2003
  3. This should be reinforced by this independent statistic I grabbed somewhere:

    Of all beginning private (non-professional / institutional) ES Traders;

    6% lose all initial capital within 1 day of trading.
    16% within the first week
    36% within 2 weeks
    58% within 3 weeks.
    66% within the first month of trading.
    81% within the first 3 months.
    92% within the first 6 months.
    96% within the first 12 months.
    99.4%-99.7% fail in their endeavour over time.

    Surprisingly enough, the other 0.3% make 5-10pts per day, because they're so good.
    I don't actually make this much, although I'm excellent. :p
    I'm happy to make a quarter of that (on average!).

    Maybe I haven't figured it and I'm amongst those 99.7% as well?

    Never thought about it. Hey you 5-10pt (100-200pt / month). guys, could you give us a few hints on how to annualize 1,000% + per annum like you do ?

    Just a hint will do. :D

    ~Scientist
     
    #33     Jun 30, 2003
  4. Don't even think about it!

    Going for those kind of profits is a great way to go broke! :eek:
    Might as well go to Vegas and have some fun...

    Compliments,
    ~The Scientist :cool:
     
    #34     Jun 30, 2003
  5. ... and spend some of it on 'girlpower' while you're there :p


    No pun intended!
    ~The Scientist
     
    #35     Jun 30, 2003
  6. I guess if you are going for that then you would go broke, but when it happens over time as a consequence of good management and discipline? hmmmmm.....

    Best

    Natalie
     
    #36     Jun 30, 2003

  7. LOLOL - funny guy. :p

    Natalie
     
    #37     Jun 30, 2003
  8. DT-waw

    DT-waw

    Candle,
    1.5 pts before or after commissions? Thanks
     
    #38     Jul 26, 2003

  9. :eek:
     
    #39     Jul 26, 2003
  10. I concur with Brother Scientist's suggestion...
     
    #40     Jul 26, 2003