S&P E-mini 35pts a Week.

35 pcts a week is easy don't let any of this negative bias about trading is hard discourage you. Just trade enough size and 35 pcts is a piece of cake. The trick is to dollar cost average. Keep buying on the way down and doubling up then sell the first pop. Ther are some short cuts to learn faster like moving averages and stochastic. These tools make a trader more sophisticated and broke.
 
Originally posted by trade555
Broke is the fine print but that is not important. The thing you should focus on is how much you can make.
More...

I agree. You shouldn't worry about going broke, just keep doubling up until you hit bottom (which you always do) and you will be rich! Sometimes you'll be down your car and house, but remember, you always have grandma to tap into! Stick her fricken IRA in your account early so you have one or two more doubles to fall back on.

Good luck!
 
Originally posted by AllenZ
First of realize that the S&P futures are where a lot of the pro traders are and they eat newbies for breakfast. Pro traders can make a sweet living off of maybe 10 points a week. Try to make 25-35 on the ES and you are setting yourself up for failure.

My advice, try to make about 10-15% of your capital a month in the futures market without ever risking more than 2% of your account on a single trade.

If you can do this for 12 months, you are one of the best traders around. If you don't believe me, try it.

I don't want to discourage people from trading and I believe the futures market is great. But if you have unrealistic expectations the market will give you REAL results.

AllenZ
More...

Very well put Allen :)
 
You must log in or register to reply here.
Back
Top