How Realistic? $50k account, $500 / day

Quote from oilfxpro:

If only you knew the strategy , of scaling in and risking the 50 % from profits only.
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Is that was makes you a bazzilionair sir!?
 
Quote from oilfxpro:

The one where you can have about 100 consecutive losing trades and still be profitable , yet your draw down is no more than 3% , still generate 50 % per annum ?It is all possible for $500 daily.
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I have made a simple system in the past that is long only across most liquid futures markets and has a five tick stop on all orders. It finds a runner 1-2% of trades then holds it for weeks or months and it makes up for the losses and then some. On paper at least everything seems wonderful to potential suckers.

In real life the comish/slippage on all those stop outs will eat you alive.

Or maybe you just average down into the abyss and there will be that one LTCM "oh shit" moment when you login to your account and see a big fat zero. Carry On. Keep charging folks for the system instead of trading real money with it like you'[ve been doing :p
 
Quote from Zr1Trader:

I have made a simple system in the past that is long only across most liquid futures markets and has a five tick stop on all orders. It finds a runner 1-2% of trades then holds it for weeks or months and it makes up for the losses and then some. On paper at least everything seems wonderful to potential suckers.

In real life the comish/slippage on all those stop outs will eat you alive.

Or maybe you just average down into the abyss and there will be that one LTCM "oh shit" moment when you login to your account and see a big fat zero. Carry On. Keep charging folks for the system instead of trading real money with it like you'[ve been doing :p
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The strategy risks no more than 0.0025 % per trade , everything is closed out every evening , no averaging down , it is working on live accounts with slippage , it is in trades no more than 30 minutes and is often out of trades within seconds or minutes on many occasions.
 
Quote from oilfxpro:

The strategy risks no more than 0.0025 % per trade , everything is closed out every evening , no averaging down , it is working on live accounts with slippage , it is in trades no more than 30 minutes and is often out of trades within seconds or minutes on many occasions.
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Weren't you the one who started a thread saying daytrading is a losers game? So now you don't think so anymore?
 
Quote from Zr1Trader:

Weren't you the one who started a thread saying daytrading is a losers game? So now you don't think so anymore?
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daytrading is for old slow losers. Minute trading is where it's at.
 
Quote from Zr1Trader:

I like the 250v and 5 tick Rangebar myself.
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nano trading is the next cutting edge.

Insider trading?

When they get done with me I'll be doing life for a few emails with the technology guy.
 
Quote from guy990opl:

1% each day would be over 200% in a year, now who can make over 200% in a year ?

Very very unrealistic.

http://www.elitetrader.com/vb/showt...42&perpage=6&highlight=pipedream&pagenumber=1
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The eur/usd has 12 pip volatility for every 15 min bar , and has a daily volatility intra day of 6% , it is possible to make 1% daily on average.

http://www.trade2win.com/boards/forex-strategies-systems/94628-1-000-p-fx-mercenary-trading.html

I have recently managed put together a logical method of trading the above method, using price action , trend lines , support, resistance , technical analysis , counter trades and advanced position size money management.
 
Quote from Zr1Trader:

Weren't you the one who started a thread saying daytrading is a losers game? So now you don't think so anymore?
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You have to find/devise a highly sophisticated method to make it pay . it took me years to devise.
 
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