$1,000,000 in 3 Months

Quote from Guildenstern:

You can buy a pound of good marijuana in Vancouver, BC for, say, $1500 bulk wholesale. Figure a way to smuggle it to LA, Vegas or Phoenix where let's say it goes for $4000 a pound wholesale. If you double your money each time, don't get nabbed or offed you will only need to make 5 trips and have room to spare. Now that's excitement!

If you get busted you still get free meals in the pen.
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HAHAHAHAHAH! By far the best post in this thread...imho. Please feel free to hop a plane down here to Panama on on of those trips :)
 
Quote from Tums:

Steve: Thanks for pointing that out.
I have reworked the numbers. Do they make sense?

Starting capital: $50k
I will use up to 55% of the capital for margin.
Assume ES daytrading margin at $2k, i.e. I can trade 13 contracts on day 1.

I have lowered the profit target from 5 points per day to 4 points per day.
i.e. my first day profit target is $2,600.

I will add the profit to my capital, and I can increase my contract size accordingly.

On the 20th day, I should be trading 37 contracts, and the ending balance will be $142,400.

On the 40th day, I should be trading 107 contracts, and the ending balance will be $412,200.

On the 60th day, I should be trading 312 contracts, and the ending balance will be $1,199,800.

Is it possible to trade 300 contracts with one click of the mouse?
I have never done it. Have you?
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Math looks better. I have never traded that many contracts in one click. Looking at the depth of ES, it should be possible, but I'm positive you'd push the market around, and it might not be in your favor (guessing here.)

If you were really trading that volume per trade, I'd look at four move ins of say 78 contracts. Think a trading zone rather than an absolute one entry target. Scale it - scale out.
 
Quote from Tums:

He's definitely got something.
I am doing a crash course in speed reading to go through his stuff.
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Yeah... get right on that. And then you too can have an equity curve like the one I got by testing Hershey's "P,V Boolean relation."
 
Quote from Grob109:

HDO

Could you comment on how the SEC could construe a trading approach to be insider trading.

To be more specific, the SEC has chosen to issue citations to some people for insider trading. They were not insider trading but their trading mimics insider trading as the SEC observes their accounts and then issues citations.

The reason I am asking you is to simply find out if a trading method could be considered insider trading if the SEC is detecting it as such and issuing citations.
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Come on Jack, that's NOT the reason you're asking. You're fishing for an opening to bring in your oft claimed SEC insider trading citations which resulted not from insider knowledge, but from your sheer brilliance (the P,V Boolean relation perhaps?) you sly market wizard!
 
someone suggests I should read Ryan Jones

10351.jpg


http://www.invest-store.com/cgi-bin/elitetrader-bin/moreinfo.cgi?item=10351

I looked at the table of contents. It looks like this is exactly what I need.
 
Hi Tums,

I've done a little model to check if your chalange was possible.

Starting on Sept 1.

I've selected YM, ES, NQ and ER.

I'll split the 50K in 4. And consider 2K as margin per contract.

I've also calculated 20 MA of the daily volatility of each of those markets, to know if I was taking too much of the daily range.

I've supposed a NO edge Trading. Basically you toss a coin to LONG or SHORT. (You can change this 50% edge acording to your own. )

Commissions are not included, you can suppose they are part of your edge, and lower it.


Stops are placed at % of the Target gain, which in turn is a % of the daily MA.


Supposing you have a 50% edge, a target of 14.18% of the 20 MA Daily Volatility, you should be able to get

DJIA 17.09
NASDAQ 2.95
Russell2000 1.32
SP500 1.27

point per market, including the stops.
Starting with 6 contracts each and ending with 84 in the DJIA, 37 in the Nasdaq, 349 in the Russell, and 42 in the SP. (2 trades per day)
You should end with $1,000,032.33

Obviously if you have a better edge than 50% then change parameters and adjust strategy. (Blue numbers are constants )

See attached file.
 
Quote from dan05:

Hi Tums,

I've done a little model to check if your chalange was possible.

Starting on Sept 1.

I've selected YM, ES, NQ and ER.

I'll split the 50K in 4. And consider 2K as margin per contract.

I've also calculated 20 MA of the daily volatility of each of those markets, to know if I was taking too much of the daily range.

I've supposed a NO edge Trading. Basically you toss a coin to LONG or SHORT. (You can change this 50% edge acording to your own. )

Commissions are not included, you can suppose they are part of your edge, and lower it.


Stops are placed at % of the Target gain, which in turn is a % of the daily MA.


Supposing you have a 50% edge, a target of 14.18% of the 20 MA Daily Volatility, you should be able to get

DJIA 17.09
NASDAQ 2.95
Russell2000 1.32
SP500 1.27

point per market, including the stops.
Starting with 6 contracts each and ending with 84 in the DJIA, 37 in the Nasdaq, 349 in the Russell, and 42 in the SP. (2 trades per day)
You should end with $1,000,032.33

Obviously if you have a better edge than 50% then change parameters and adjust strategy. (Blue numbers are constants )

See attached file.
More...
 

Attachments

Quote from steve0617:

Math looks better. I have never traded that many contracts in one click. Looking at the depth of ES, it should be possible, but I'm positive you'd push the market around, and it might not be in your favor (guessing here.)
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I don't think 300 contracts would move the emini S&P 500. He could scale in premarket and after hours. Then scale out a few contracts at a time without anybody noticing. But trading the full 300 contracts would not move the emini S&P 500. It's too liquid of a market. Maybe emini russell or one of the other emini's.
 
Actually, my TRILLION DOLLAR STRATEGY, written for TradeStation will do this.

Trading FOREX, with 100 to 1 margain, you can turn $1,000 into a TRILLION DOLLARS using a simple entry technique.

Of course, there is a small problem moving lots of money around, but getting the first million or so is no problem.
 
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