Markets have a way to humble everyone!
Is it possible to consistently make $5000 a month trading 2 index futures contracts per trade ?
- Thread starter etradeqeko
- Start date
Markets have a way to humble everyone!
Totally possible. This is real account trading now. I stopped the sim or only practice a little bit on it.
Just with one lots. I have evolved from watching every tick to holding for minutes to now overnights. I know it sounds scary but you have to look at the daily and hourly chart for holding. For entry, I use a much lower timeframe. Catch a good trend and ride it for a few hours.
I'm NOT saying swing trading which I think would be good but too difficult emotionally given the huge up and down moves. I like to catch the intrady swings or the overnight moves. I can't hold for days waiting for a big trend.
Intraday swing and overnight holds are good spots. GC has low margins. I did 2 overnights on GC each made over $1K with very little stress and fits my schedule well. I don't know how many daytrades and stress I would have to go through to get $1K of profits per trade. Last week I got screwed in GC, but then I changed my thinking and now making money on it.
Then this morning on NQ, just to test it. 1 lot. In and out $346. I even got up late today.
On trendless days then you gotta scalp. But even then you can do a few minutes to tens of minutes hold rather than scalping for ticks.
Just with one lots. I have evolved from watching every tick to holding for minutes to now overnights. I know it sounds scary but you have to look at the daily and hourly chart for holding. For entry, I use a much lower timeframe. Catch a good trend and ride it for a few hours.
I'm NOT saying swing trading which I think would be good but too difficult emotionally given the huge up and down moves. I like to catch the intrady swings or the overnight moves. I can't hold for days waiting for a big trend.
Intraday swing and overnight holds are good spots. GC has low margins. I did 2 overnights on GC each made over $1K with very little stress and fits my schedule well. I don't know how many daytrades and stress I would have to go through to get $1K of profits per trade. Last week I got screwed in GC, but then I changed my thinking and now making money on it.
Then this morning on NQ, just to test it. 1 lot. In and out $346. I even got up late today.
On trendless days then you gotta scalp. But even then you can do a few minutes to tens of minutes hold rather than scalping for ticks.
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Really? Does slow and steady work? PS. Love your accent!
You are really trying hard to convince everybody. That desparation raises a lot of questions. Just letting you know how you come across. You spend an average 3-4 minutes in a trade to make $30 average per trade and are splashing around your graphics. How are you in a trade for 16 minutes with a 3 tick stop loss and never hitting your 1 tick target?
Looks like his whole riff is just an Ad for Tradovate.
Don't you guys trade? Get to work!
ES
ES
Maybe that's not all bad.