Use what you are comfortable with.
Is it possible to consistently make $5000 a month trading 2 index futures contracts per trade ?
- Thread starter etradeqeko
- Start date
SunTrader,
I agree with you. And you are right. My bad to the OP.
I will restate my comments.
element,
Please ignore my post above.
I have NO clue on earth how to make $5000 a month trading 2 contracts. And I have NO proof of any other trader in this world who can make $5000 a month trading 2 contracts.
If I ever reach that amount in my own trading, I will tell you it is possible.
Stay Tuned.
Made $2.4K trading 10 lots on sim account since the open. Practice. Practice. On my real account I'm only trading 1 lots. Until I'm superconfident then I'll scale up in the real account. Been average way above $1K a day for a month now. You need size if you want to scalp for reasonable profits.
Just saying it's possible. But you need size.
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Just saying it's possible. But you need size.
+ DU934065 SLD 10 NQ Sep21'18 @GLOBEX 7478.50 USD GLOBEX 06:33:50 null 20.50
DU934065 BOT 3 NQ Sep21'18 @GLOBEX 7473.50 USD GLOBEX 06:34:39 null 6.15
+ DU934065 BOT 4 NQ Sep21'18 @GLOBEX 7473.75 USD GLOBEX 06:34:52 null 8.20
DU934065 BOT 3 NQ Sep21'18 @GLOBEX 7465.75 USD GLOBEX 06:35:10 null 6.15
+ DU934065 SLD 10 NQ Sep21'18 @GLOBEX 7485.50 USD GLOBEX 06:41:04 null 20.50
DU934065 BOT 3 NQ Sep21'18 @GLOBEX 7484.50 USD GLOBEX 06:43:44 null 6.15
DU934065 BOT 3 NQ Sep21'18 @GLOBEX 7483.00 USD GLOBEX 06:43:48 null 6.15
DU934065 BOT 1 NQ Sep21'18 @GLOBEX 7482.75 USD GLOBEX 06:43:59 null 2.05
DU934065 BOT 1 NQ Sep21'18 @GLOBEX 7483.00 USD GLOBEX 06:44:06 null 2.05
DU934065 BOT 1 NQ Sep21'18 @GLOBEX 7484.50 USD GLOBEX 06:44:21 null 2.05
DU934065 BOT 1 NQ Sep21'18 @GLOBEX 7482.50 USD GLOBEX 06:44:26 null 2.05
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2 points per day is reasonable for a competent trader.
I have a friend* who once told me he averaged 9.5 ES points per day for an entire year.... trading 50-200 lots. (You can do the math on that, right?)
*Owns a Chicago hi-rise and lives in the penthouse.
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Woww. Yes sir, I can do that math. He made alot of good money.
Does he still trade? Hopefully he out the business.
Not important that you "get rich NOW". It's important that you GET IT... however long it takes... period. Lever up when you're ready.
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He's not "in the business". He's a regular guy. Married, 2 kids. I asked him how he learned to trade so successfully at an early age. Said, "taught by an institutional trader". (DUH! We could all use some of that.) Mostly hangs out and does what he wants. Can always make money as necessary, you know. (A moot point... already has more than he can likely spend in a lifetime... his penchant for Ferraris and other expensive fine things not withstanding.)
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Totally agreed. I want to practice, practice, and practice so much that these good trading habits become so natural and instinctive that I know exactly what to do it each and every time. It's automatic behavior. Once you have it down, then money will roll in non-stop. Patience grasshopper.
