Honestly, Can You Be Successful Without a HUGE Account?

Quote from osorico:

Didn't I read in some other thread you are looking for $500 per contract, per week?

Seems to me the posted brokerage statement (albeit for just 1 day), meets that criteria. $120 or so net for the day, trading single contract = $600 per wk. (You can argue with yourself over the fact that she added on a couple trades for a total of 2 contracts.)

Who the hell are you to say what style of trading is good vs any other style? I don't watch Cramer but one of the few times I did, he said something that made sense... Your bank doesn't care if your deposit money comes from a Google trade or if it comes from 1 day or 1 years worth of work.

I hope the swelling goes down.

Play what you see,
Osorico
More...

It's crappy trading. Period. Stupid. Even by ET standards.

If you can't see that then you're a stupid, crappy trader.

Capiche?
 
I don't think she made anything, because she made alot of trades and she had to pay her platform fee's and commissions to her broker. So her $155.00 amounted up to zero.
 
Quote from Spectra:

Evening,

At PureTick we receive a plethora of e-mails everyday from newer traders
struggling to make it in this profession. A common question I get
a lot is "Can I make money trading with just one or two contracts?" One of
our recent live roomr attendees is doing quiet well and starting to
take trades on her own. Shes currently only trading with one or two
contracts each setup. This person has agreed to let us send out a
capture of her statement from Fridays trading action. Below is a
link to her statement from Infinity Brokerage aka TransAct Futures.
More...

Put a thousand monkeys in a room with a thousand charts, and eventually one of them will come up a winner.

In the interest of fair disclosure, are you prepared to post the actual records of all your "room attendees" over the past year?

I think not. For obvious reasons.

This one statement of one trader over a short period of time proves what? Posting something like this serves only to demonstrate your complete lack of professionalism and honesty in responding to that "plethora of emails" you get everyday from new traders.

I hope for your sake that you have a good attorney looking over all your communications with prospective "customers".

What crap.
 
Quote from Pa(b)st Prime:

It's crappy trading. Period. Stupid. Even by ET standards.

If you can't see that then you're a stupid, crappy trader.

Capiche?
More...

You're an idiot for writing such a stupid, crappy post.

Understand?
 
Quote from JimmyJam:

... the trick with catching reversals, is to know when NOT to do it [work'in on it :) ].

In the meantime, my 2 trades generated 5 times as many points as the OP's example using 13 trades.

I'll stick with what I'm using ... and here it is for free [you can mail me a check if you make money with it :p ].

Later,

Jimmy Jam

In case anyone is curious, that's a basic RSI on a 5 minute YM chart ... yeah, I know, tough stuff.
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JJ,

Look into Williams %R, you might like it better than RSI, I do.

Good trading.

Neet
 
Quote from osorico:

Didn't I read in some other thread you are looking for $500 per contract, per week?

Seems to me the posted brokerage statement (albeit for just 1 day), meets that criteria. $120 or so net for the day, trading single contract = $600 per wk. (You can argue with yourself over the fact that she added on a couple trades for a total of 2 contracts.)

Who the hell are you to say what style of trading is good vs any other style? I don't watch Cramer but one of the few times I did, he said something that made sense... Your bank doesn't care if your deposit money comes from a Google trade or if it comes from 1 day or 1 years worth of work.

I hope the swelling goes down.

Play what you see,
Osorico
More...

Yeah, right here.

ES Journal

But I'm not trying to take 13 trades in a day to get to that $100 ... and I also remember you saying you weren't quite there yet, sooooooooo, maybe you should enroll at PuretickTM?

Good trading,

JJ
 
Quote from Pa(b)st Prime:

It's crappy trading. Period. Stupid. Even by ET standards.

If you can't see that then you're a stupid, crappy trader.

Capiche?
More...
That might be a crappy way to say it, but it's true.

Quote from lindq:

Put a thousand monkeys in a room with a thousand charts, and eventually one of them will come up a winner.

In the interest of fair disclosure, are you prepared to post the actual records of all your "room attendees" over the past year?

I think not. For obvious reasons.

This one statement of one trader over a short period of time proves what? Posting something like this serves only to demonstrate your complete lack of professionalism and honesty in responding to that "plethora of emails" you get everyday from new traders.

I hope for your sake that you have a good attorney looking over all your communications with prospective "customers".

What crap.
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Yeah, that was the whole point of my post. Anyone can pull something out of their hat and say hey "Fill in the Blank", and it just doesn't mean anything.

Good trading,

JJ
 
Quote from Neet:

JJ,

Look into Williams %R, you might like it better than RSI, I do.

Good trading.

Neet
More...

Nope, it generates too many false signals and if using it, I would end up overtrading.

But maybe that works for you.

JJ
 

Attachments

Quote from JimmyJam:

Yeah, right here.

ES Journal

But I'm not trying to take 13 trades in a day to get to that $100 ... and I also remember you saying you weren't quite there yet, sooooooooo, maybe you should enroll at PuretickTM?

Good trading,

JJ
More...

Nothing like working out of context in an attempt to slander...

http://www.elitetrader.com/vb/showthread.php?s=&postid=1390377#post1390377

I clearly was not referring to making $100 per contract per day with my statement of "I'm not quite here yet"... rather to the trader mindset that focuses on the trade itself.

Aim in it, not at it

Play what you see,
Osorico
 
Quote from osorico:

Nothing like working out of context in an attempt to slander...

http://www.elitetrader.com/vb/showthread.php?s=&postid=1390377#post1390377

I clearly was not referring to making $100 per contract per day with my statement of "I'm not quite here yet"... rather to the trader mindset that focuses on the trade itself.

Aim in it, not at it

Play what you see,
Osorico
More...

Wrong

I was in no way attempting to slander you (or Puretick for that matter).

I think it's overtrading and for that matter, the trades are taken out of context (speaking of which).

That's the sum total of it.

If you think getting $100 out of 13 trades is good, that's fine too. :)

Good trading,

Jimmy Jam
 
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