ES "1" point System
- Thread starter increasenow
- Start date
Your wish is my order Oh Great one:
Check out my journal from last year, called Verisimilitude Fund. Trades were posted realtime.
http://elitetrader.com/vb/showthread.php?s=&threadid=72826&highlight=verisimilitude+fund
In 1 month I made 20 trades and ended up with 67.75 ES points, only 1 loser.
That is 3+ ES average per day or per trade, whichever way you look at it!
OK, can we close this thread now?
1pt (4 tics NET) ES is definately not possible consistently. It's an impossible feat! Doesn't matter if you go for 1pt net with 1 contract, or 1 tic net with 4 contracts. It's absolutely not do-able consistently.
There are no traders anywhere in the world capable of netting $50 a day per contract trading ES and/or other index futures.
Only with luck could it happen, and that would not have consistent results.
There are no traders anywhere in the world capable of netting $50 a day per contract trading ES and/or other index futures.
Only with luck could it happen, and that would not have consistent results.
Quote from Pekelo:
That is 3+ ES average per day or per trade, whichever way you look at it!
Though excellent stats, you have failed to deliver 1 Net point per day, not average of any other amount - NET 1 point every day.
Basically, could you get me 1 net point today? I will get funds together to trade 1000 lots on that trade, thanks.
All I can say is good luck. I have decided not to explain to you why catching one point on the ES EVERY DAY is impossible. The reason I will not explain it to you is that now I think that I am one of those $1500/hour attorneys and my colleagues are awaiting me to join them in our daily golf game at our exclusive country club. Btw. I am driving my Bentley there. No need to be stingy when one images like this.
Wake up and smell the dead roses man!!!!!!!!!!!!!
Btw. What is with that "dead wrong" phrase??????? have you been watching Star Wars one too many times????