10,000 ROI possible?

Lucias · Jan 23, 2012

I'm done. I'm walking off the field.

Quote from Mercor:

To get real return you need to look at total contract value and total risk.
Mini ES is worth about 1200.00 x $50=$60,000

Your investment is each trade is 60k. That is the number you figure your percent of return from.

KBaines · Jan 23, 2012

This must be the thread for losers and dreamers. The OP lost his $30,000 stake and now can only dream of the big money. And of course we all know the history of Lucias - the forum's master of trading hypothetical money. Just once, I wish someone would come on here who has done it and says here are my real money trading statements as validation.

ammo · Jan 23, 2012

Quote from Mercor:

This is the real question.
How many ES points can one make in a year.
If you are positive for the year then the dollars are just a matter of scale.

Of course scaling needs to be balanced against draw down ability in both equity and psychology.

Do any of you naysayers have a reasonable number of how many points per ES contract can be made per year with sufficient equity?

if there are on ,rough avg,at least 2, 20 pt drops and 20 pt rallies in one day per mo(4 separate days) ,and if you are in position thats 80 pts,960 pts per yr if you catch it all ,or 2/3 or 1/2 of that on a 1 lot trade

Lucias · Jan 23, 2012

I have traders taking my signals with real money. I figure I've made my subscribers 13k over past 3 months or so. This is just an estimate because I can't know for 100% sure what they are doing.. they can cancel/edit trades etc. But you click the green dot on any of my trades and it shows the real money fills.

This month is slow. I'm also going live with my systems soon.

What you ask for.. I went above and beyond any level of transparency that anyone in this business has ever offered.

Why? Because I'm one of the few.. very few who can actually produce. The guys selling courses who haven't did this can't do this. I already explained in my journal how I've a long term path for success.. putting pieces together little by little. Its working.

Quote from KBaines:

This must be the thread for losers and dreamers. The OP lost his $30,000 stake and now can only dream of the big money. And of course we all know the history of Lucias - the forum's master of trading hypothetical money. Just once, I wish someone would come on here who has done it and says here are my real money trading statements as validation.

volente_00 · Jan 23, 2012

Quote from Mercor:

To get real return you need to look at total contract value and total risk.
Mini ES is worth about 1200.00 x $50=$60,000

Your investment is each trade is 60k. That is the number you figure your percent of return from.

I will buy all the contracts you want to sell right now for 60,000 a piece

Mercor · Jan 23, 2012

Quote from volente_00:

I will buy all the contracts you want to sell right now for 60,000 a piece

60,000 is full margin, now you may only need $500 to put on a position

If you make 10 points on mini ES with $500 margin, is that 100% return?
In dollar terms it is (and that is all that matters in the end) but you were really putting 60k in play.

This is why it is not unusual to see traders make 100%, 500% and more per year on real dollars.

KBaines · Jan 23, 2012

Quote from Lucias:

I have traders taking my signals with real money. I figure I've made my subscribers 13k over past 3 months or so. This is just an estimate because I can't know for 100% sure what they are doing.. they can cancel/edit trades etc. But you click the green dot on any of my trades and it shows the real money fills.

This month is slow. I'm also going live with my systems soon.

What you ask for.. I went above and beyond any level of transparency that anyone in this business has ever offered.

Why? Because I'm one of the few.. very few who can actually produce. The guys selling courses who haven't did this can't do this. I already explained in my journal how I've a long term path for success.. putting pieces together little by little. Its working.

You can't produce and never have been able to produce when your real money was on the line. It's all there in the archives for anyone to see. You are just another aspiring dream merchant/failed real money trader.

volente_00 · Jan 23, 2012

Quote from Mercor:

60,000 is full margin, now you may only need $500 to put on a position

If you make 10 points on mini ES with $500 margin, is that 100% return?
In dollar terms it is (and that is all that matters in the end) but you were really putting 60k in play.

This is why it is not unusual to see traders make 100%, 500% and more per year on real dollars.

No actually you are putting 65k in play not 60k. I guess you missed my humor about buying from him.