2 k futures account - $500 a week possible?

[sam hogar]

Anyone can trade with a small account. The issue is if that "anyone" is a newbie trader...can he or she be profitable trading a small account via a method that the trader has not backtested nor simulated traded that resulted in consistent profits ?

The answer for the above is NO.

By the way, some of the questions you've asked have implied you have NOT tested your method and you have NOT simulated traded your trade method via a small account because if you did...you would be able to answer those questions yourself instead of asking anonymous people at a discussion forum.

In addition, you've chosen two of the most difficult trading instruments for a newbie trader to try to master. I truly hope you've bactested and simulated traded your trade strategy on ALL futures data you've had access to and then determined that CL and ES were the most profitable for you in comparison to other futures trading instruments.

Simply, let your trade method results (backtest and simulate trading) determine which trading instruments you should be trading along with determining if you're ready to risk your small trading account . If you're not willing to do that, please stay away from futures trading.

Something else you should think about. Most traders that have backtested their method and the results were positive...they still weren't profitable when they moved into real-money trading because they forgot that profitable trading involves more than just trade signals.

Last of all, if you have not done the above, posting your trades isn't going to help you at all.

Go away, you added absolutely nothing to the discussion except empty accusations.

I already have used my strategy extremely successfully for stocks.

And as already stated the strategy was tested successfully on a simulator but as stated and infered real life orders and stop losses change the very fabric of market price movements. I.E. the market maker can and will move the bid/ask to stop you out a tick or two something you would never no in a simulator becuase your stop really is not there.

If you didn't know that then you are far behind the curve.

Don't go away mad just go away, you are not wanted or needed in this thread.

 

[Grandluxe]

Go away, you added absolutely nothing to the discussion except empty accusations.

I already have used my strategy extremely successfully for stocks.

And as already stated the strategy was tested successfully on a simulator but as stated and infered real life orders and stop losses change the very fabric of market price movements. I.E. the market maker can and will move the bid/ask to stop you out a tick or two something you would never no in a simulator becuase your stop really is not there.

If you didn't know that then you are far behind the curve.

Don't go away mad just go away, you are not wanted or needed in this thread.

You have used your strategy extremely successfully on a simulator? :eek:

 

[xelite777]

A better question would be, what's a realistic risk-adjusted return for a retail trader with a $2K account?

If a trader can make 2% a month consistently, on average, then he is already a super trader.

And 2K starting capital is more than enough if he trades micro lots on the Forex market, assuming he does not risk more than 2% to 3% per trade.

 

[sam hogar]

You have used your strategy extremely successfully on a simulator? :eek:

I have traded equities in live time to great success, yes.

I am using a small account for futures to try to duplicate the same success for futures as many of the underlying principals are the same. OF course many are different.

I have tried the strategy on a virtual simulator that uses live market data, but as stated trading on a simulator and real life is radically different.

I was making 500-700 dollars a day on the simulator trading as I would in real life in realistic conditions! I know there is no way that I can do that in real life, simply because some of my orders would not be filled or outright hunted out when using tight stops.

For instance on a simulator the bid/ask would come within a tick of my stop and then go on to be profitable.

In real life more than likely the bid/ask would be dropped a tick to trigger the stop resulting in a loss.

 

[dbphoenix]

Whoops, I think there was a communication error.

For clarification we were discussing return on a trader's risk capital.

The hedge fund example returns were the returns you would expect when annualized so a 19% return would be 19k on 100k. Which is incredible!

For a trader with a 25k account what would be a realistic return?

Day, weekly, and yearly?

Do you think the stories of traders making 20-30 k a day on a 25-50 k are true or even possible? I have heard the stories many times as I am sure you have, what are your thoughts.

For a trader with a 25k account and no trading plan, a realistic return would likely be zero. More likely the account balance would be considerably less at the end of the year, if he made it that far.

I suggest you read and re-read wrbtrader's post above. He tells you everything you need to know.

 

[sam hogar]

If a trader can make 2% a month consistently, on average, then he is already a super trader.

And 2K starting capital is more than enough if he trades micro lots on the Forex market, assuming he does not risk more than 2% to 3% per trade.

A very honest answer. I have read a lot of your posts before you definetly bring a lot of realism to these threads.

So your answer is has already been implied but I shall ask the question anyway. Do you think those stories of people making 20-30 k a day on 20-50k accounts are absolute B.S.?

Just ego and dream marketing from brokerages.

 

[Grandluxe]

I have traded equities in live time to great success, yes.

I am using a small account for futures to try to duplicate the same success for futures as many of the underlying principals are the same. OF course many are different.

I have tried the strategy on a virtual simulator that uses live market data, but as stated trading on a simulator and real life is radically different.

I was making 500-700 dollars a day on the simulator trading as I would in real life in realistic conditions! I know there is no way that I can do that in real life, simply because some of my orders would not be filled or outright hunted out when using tight stops.

For instance on a simulator the bid/ask would come within a tick of my stop and then go on to be profitable.

In real life more than likely the bid/ask would be dropped a tick to trigger the stop resulting in a loss.

Why not continue trading equities if you have had great success?

 

[Wide Tailz]

160 Billions actually, not 10 billions. And yet nobody noticed anything!

(You guys are sleeping again, eh? )

If there was any money in checking your math, I'm sure a few of us would offer to provide our services.

 

[sam hogar]

For a trader with a 25k account and no trading plan, a realistic return would likely be zero. More likely the account balance would be considerably less at the end of the year, if he made it that far.

I suggest you read and re-read wrbtrader's post above. He tells you everything you need to know.

I actually suggest you learn to read period. Your comprehension and literacy abilities are severely dysfunctional.
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You already came in here as a boisterous fool screaming how the market never goes up 25% in a week, when that was never suggested or even implied.
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Just because I have been civil to your incompetence and rude behavior does not mean I will suffer you indefinitely.
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You have added nothing.
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Don’t go away mad just go away.
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[dom993]

FWIW, in 1987 Larry Williams won the WorldCup Championship of Futures Trading with a whopping +11,376%

This is an average +19.5% per week, compounded.

Did he maintain that performance level for even a second year? No. But still, he proved this level of performance can be done by an exceptional trader in exceptional circumstances.

And, BTW, the OP's question is not about doing +25% a week, but +$500 a week. Assuming he can get a few good weeks in a row at the start, the $500 weekly goal becomes more accessible.