The 1 ES Point REALITY
- Thread starter increasenow
- Start date
Are the six stages similar to the 12 steps for recovering addicts? Throw in a teaspoon of Dianetics and this could be dynamite.
As of last week, have averaged 2.85 pts since the new year with 15-20 contract lots. Volatility and trends are incredibly favorable as of late. The pattern has been 8-10 pt days followed by -3 to -5pt days. Prior to Dec 07 on the ES? Don't ask. 
Thank god for going heavy in dry bulk shipping early last year.
A good friend of mine I grew up with used to trade oil in the pit and went indy ~3yrs ago. Averaged 3/4 a point ES with 50-100 lots for entire 07. Pulled in a little over $600k just on that instrument. Oil is another story. lol. Truly envy that guy.
Thank god for going heavy in dry bulk shipping early last year.A good friend of mine I grew up with used to trade oil in the pit and went indy ~3yrs ago. Averaged 3/4 a point ES with 50-100 lots for entire 07. Pulled in a little over $600k just on that instrument. Oil is another story. lol. Truly envy that guy.
O
on the money
People
Stay away from the thieves at Puretick.
1 point a day is, in my view, an incorrect way to look at ES futures daytrading...
I think you need to think of it in returns over the course of a year...
The way I trade, the majority of one's days should be small gains or small losses which balance each other out...
Over the course of the last 20 days of trading, my ES index daytrading has generated the grand sum of approximately $0, with losers actually outnumbering winners...
From past experience, my ES year will be positive purely on the basis of around 20 home runs i.e. around 10% of the available trading days... only around 50% of the available trading days will actually have trades on them, so 100% of my profits will come from only 20% of the days that I trade...
But, I suppose that the "busy-bee tickchart scalpers" will disagree with such a philosophy... my approach is probably too boring and inactive for them, in any case...
I think you need to think of it in returns over the course of a year...
The way I trade, the majority of one's days should be small gains or small losses which balance each other out...
Over the course of the last 20 days of trading, my ES index daytrading has generated the grand sum of approximately $0, with losers actually outnumbering winners...
From past experience, my ES year will be positive purely on the basis of around 20 home runs i.e. around 10% of the available trading days... only around 50% of the available trading days will actually have trades on them, so 100% of my profits will come from only 20% of the days that I trade...
But, I suppose that the "busy-bee tickchart scalpers" will disagree with such a philosophy... my approach is probably too boring and inactive for them, in any case...
this is truly amazing!!!...I am still on my quest to really net 1 to 10 ES points per day...what about you?what do you average (ES points) per day?Quote from Syprik:
As of last week, have averaged 2.85 pts since the new year with 15-20 contract lots. Volatility and trends are incredibly favorable as of late. The pattern has been 8-10 pt days followed by -3 to -5pt days. Prior to Dec 07 on the ES? Don't ask.
A good friend of mine I grew up with used to trade oil in the pit and went indy ~3yrs ago. Averaged 3/4 a point ES with 50-100 lots for entire 07. Pulled in a little over $600k just on that instrument. Oil is another story. lol. Truly envy that guy.