Are Any EliteTrader Users In A Prop Firm? What Are Your Returns Like?

[nian]

I'm wondering how many users are, where most of them are (country), and what their (and their work partners) typical returns are on average. There are some who have 200-400%+ returns a year, but if you mention that or ask about it on any forum online with other traders, you get laughed at for believing it.

On my example:
$ 7k deposit, the last two years - from $ 800 to <$ 5000. so much comes to me after all the costs. monthly.
That is very good.
but
Ok $ 2,000,000 BP - my method requires this.
Day trading. prop.
Very bad !!!!
And that's it. For prop trade it is almost impossible to count.

 

[Willba]

Anyone trading SPI successfully at your shop - other than at the open and close?

Yes a few, when you can also apply SPI v Emini aswell.

 

[Rationalize]

Hrm. That would surprise me.
SPI seems horrible between 11am and 3pm Sydney.
But i guess if you can make a buck out of that, you're definitely doing something right.

AS51/ES .. plausible ;- )

 

[777]

I've had this discussion a few times. IMO your prop return should be based on average bp used. There's not any easy way to calculate this, so the user just has to estimate.

So on the $40k account, if he's using $200k/day average then you are around 50% return.

Yes.

If you have a nice edge.