How many of you make over 100k/day regularly day trading?

Quote from JerryAdler:

You're wrong. Because perhaps a $100,000 account is too large for an individual trader based on his/her total assets. It may be the same risk relative to 1 vs 10 contracts. But it's not the same risk relative to one's asset base.
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You are putting artificial limitations on trading. Trading risk is always measured relative to trading assets, not total personal assets. If you hand your trading/investment assets over to a professional money manager they do not concern themselves with your total assets.
 
only way to make that kind of money is to have multiple black box programs. No way one trader can make that kind of coin sitting behind screen pushing buy sell.
 
Quote from slowdown:

only way to make that kind of money is to have multiple black box programs. No way one trader can make that kind of coin sitting behind screen pushing buy sell.
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At this moment, some ES trader somewhere is laughing at that comment.
 
But a friend of mine, her new boyfriend told me and my wife that he avgs. 100k/day day trading in addition to earning 1mil/yr in long-term capital gains. Is this common?





Very!!! Most Et'ers get that and more M-F.:D :D :D :D :D
 
Quote from saxon22:

But a friend of mine, her new boyfriend told me and my wife that he avgs. 100k/day day trading in addition to earning 1mil/yr in long-term capital gains. Is this common?
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Ask all ET posters what they average per day. You will find the average to be about $100 per day, if they are honest.

I would ask to see the boyfriend's broker's PRINTED P&L statement for August before I would believe his claim.
 
Quote from jeb9999:

You are putting artificial limitations on trading. Trading risk is always measured relative to trading assets, not total personal assets. If you hand your trading/investment assets over to a professional money manager they do not concern themselves with your total assets.
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Yes, I put limitations on my trading, but that's my personal decision. I'm satisfied growing the account slowly, increasing contracts very slowly and investing profits elsewhere for diversification.

I was around during the 9/11 event. Black swans are infrequent, but they do happen. My reasoning is that I prefer to be conservative relative to my total assets when it comes to trading. I'm just more comfortable that way. Others are certainly more aggressive.

My goal was to be consistent in my trading, which I am. I think it's important to recognize that a trader's comfort level is very personal and not something that can be always calculated into a position sizing algorithm.
 
Quote from jeb9999:

You have a very strange view of what is common sense. Artificial limitations are not common sense.

If I have a 10k account and trade 1 ES I have the exact same risk as having a 100k account and trading 10 ES. It takes the same time and effort to trade 1 ES as 10 ES, so trading 10 ES with the 100k account properly rewards me for my time and effort while trading 1 ES with the 10k account does not.
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while i understand your point, what you just described is also limiting your trading potential. if you have a 10k account, we both know your broker will let you trade a lot more than a 1-lot. most brokers will let you trade 10-20 lots on that size of an account (even more with brokers offering $300 margin :eek: ). but, with risk management and capital preservation, you would limit your exposure. hopefully :)
 
100K a day on average? Ok, please ask "your friend" to provide a daily blotter as proof.

Personally, I've been profitable trading equities since 2001. I make over 2 million per year in short term trading within the last 3 years. However, liquidity is always an issue. That's why I usually trade ETF's.
 
100k a day is very possible in my mind. fuck! 1mil+ a day is possible. don't let your own thinking....... limit what you think is possible.

even if the guy is lying there is people somewhere that are making that and then some.

I like to think anything is possible. think big guys.... why think small!
 
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