Can't daytrade full-time only trading 1 ES, YM or NQ contact

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increasenow

Seems impossible to daytrade full-time for a living trading only 1 ES, YM or NQ contract. You agree? You must trade more than 1 contract...agree?
 
Quote from increasenow:

Seems impossible to daytrade full-time for a living trading only 1 ES, YM or NQ contract. You agree? You must trade more than 1 contract...agree?
More...


You mean to tell me you just realized that?..........LOL....LOL
 
surely it depends how good you are?
A good trader would be able to make about $350 per day trading one ES contract, no?
That amount of money would certainly do me!!
 
Quote from increasenow:

Seems impossible to daytrade full-time for a living trading only 1 ES, YM or NQ contract. You agree? You must trade more than 1 contract...agree?
More...

That depends greatly on the amount of money you need to cover your monthly expenses and your own personal definition of trading for a living.

For example, a trader that still lives home with his parents and is debt free probably will have an easier time in trading for a living in comparison to another trader that has a mortgage and family to support.

Mark
 
Quote from pauk:

...A good trader would be able to make about $350 per day trading one ES contract, no?
More...
Oh, absolutely. And it's a sad day when Jack Hershey can't make 3 times the daily range.

:p
 
Quote from pauk:

surely it depends how good you are?
A good trader would be able to make about $350 per day trading one ES contract, no?
That amount of money would certainly do me!!
More...

7 points a day on one contract would be very good. Especially with the ranges for the past few weeks. One contract should be a starting level, and not counted on for making much day in and day out, but rather for learning and slowly conservatively building to another contract.
 
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