From 1k to 500k (Deadline: 2017)

[DarthSidious]

I don't know if you have made a million or not, but nice post. A few questions if I may:

The only instruments you must trade are ZF, GE ,ES ,NG ,ZB ,NQ ,ZN ,CL ,ZC ,ZS in the descending order. They have a lot of volatility ...

What measure of volatility and other criteria did you use to determine that order?

...I did it by trading a single market, which has reached multi year low.

Why did you trade just one market? And what did multi year low had to do with it? In other words, does equities now making multi year highs present the same opportunity from your point of view?

 

[thescalpmaster]

I don't know if you have made a million or not, but nice post. A few questions if I may:


What measure of volatility and other criteria did you use to determine that order?


Why did you trade just one market? And what did multi year low had to do with it? In other words, does equities now making multi year highs present the same opportunity from your point of view?

I arranged the top markets by volatility and then re-arranged them with daily average movement. I even gave a little importance to the initial margin required. That list is not specific. Those are the top ten markets with high volatility, good movement and low margin. I mean, you could enter a position with millions of dollars and get out easily with very good returns.

If the market is at multi year low, you generally wait for the breakout and then keep on buying for a few months(I mean buying, taking profit and reinvesting them back). Take a look at crude oil from the march 1 to mid april. I am just trying to be as general as possible while explaining my strategy.

I don't trade equities. My strategies only work in specific markets.

 

[K-Pia]

I arranged the top markets by volatility and then re-arranged them with daily average movement. I even gave a little importance to the initial margin required. That list is not specific. Those are the top ten markets with high volatility, good movement and low margin. I mean, you could enter a position with millions of dollars and get out easily with very good returns.

If the market is at multi year low, you generally wait for the breakout and then keep on buying for a few months(I mean buying, taking profit and reinvesting them back). Take a look at crude oil from the march 1 to mid april. I am just trying to be as general as possible while explaining my strategy.

I don't trade equities. My strategies only work in specific markets.

Would be great to weight volatility with tick value.
The turtles have done it. ATR, dollar weighted.

Thought you were more a scalper.
Than a kind of Livermore.

Anyway !

 

[speedo]

I started with 1K & ended with 1 cent.
AMP that's right. You can open 1 ES contract with as little as 400$.
However it doesn't hold for every platform. And overnight holdin's not allowed.

http://www.ampclearing.com/margins_req.html

The broker can set intraday margin where it wants but you need maintenance margin to open an account....Exchange rules.

 

[K-Pia]

The broker can set intraday margin where it wants but you need maintenance margin to open an account....Exchange rules.

Maintenance is 4,200$ for ES at CME.
Didn't meet Maintenance but could day trade it.

From AMP :

Margins Explanation: (Maintenance vs. DayTrade)

Maintenance Margin is set by the exchange. This is the amount required to carry a contract past the daily close.

DayTrade Margin is set by AMP. This is the amount required to enter into a position per contract on an intraday basis.
These margins are in effect anytime the market is open, except the last 5 minutes of each trading session.
AMP request that you either flatten open positions or meet the exchange required maintenance margin during this time period.

 

[speedo]

Maintenance is 4,200$ for ES at CME.
I had only 1K on my account.

Margins Explanation: (Maintenance vs. DayTrade)

Maintenance Margin is set by the exchange. This is the amount required to carry a contract past the daily close.

DayTrade Margin is set by AMP. This is the amount required to enter into a position per contract on an intraday basis.
These margins are in effect anytime the market is open, except the last 5 minutes of each trading session.
AMP request that you either flatten open positions or meet the exchange required maintenance margin during this time period.

Have you tried to put in a live trade yet?

 

[K-Pia]

Have you tried to put in a live trade yet?

Bro ' ... I went from 1K to 1 cent.
If I didn't place trades I'd not have screwed up.

 

[K-Pia]

Maintenance is only for holding overnight.
Which is determined by the exchange as you pointed out.
But you can open an account & trade (intraday) with less than maintenance.
You can open an account even if you don't meet intraday requirement.
But in this case you won't be able to send any order.

 

[speedo]

Maintenance is only for holding overnight.
Which is determined by the exchange as you pointed out.
But you can open an account & trade (intraday) with less than maintenance.
You can open an account even if you don't meet intraday requirement.
But in this case you won't be able to send any order.

Then things have loosened up since last I opened an account.

 

[K-Pia]

Then things have loosened up since last I opened an account.

That's possible. Or even, Certainly !
Lower barrier to entry means more customers for brokers.
And not only for brokers ... Same with E-mini, micro contracts & Co.