Trade ES or YM for a Living

[maxpi]

Quote from increasenow:

Is there anyone that reads these forums that really and seriously makes a living trading the ES or YM???...serious responses only please...seriously, what set-ups do you use?...what indicators, what moving averages...thanks in advance!!!!..by making a living means...no other job at wherever...

I decided to help one trader to pay back to the community, I told him all kinds of stuff that I knew which he seemed to pretty much ignore so I dusted my hands off and said "my work is done here".

I started with tradestation 2000 some years ago to learn setups, indicators, moving averages, etc. It comes canned with about 700 to start with and you can add more. I'm finding that the typical setup I like involves up to 4 indicators. The combinations of 4 indicators work out to 700 x699 x698 x697. Do the math... wait, maybe I better do it for you.. it's about 698.5 to the 4th power... where is that HP calculator...... it's about 237 billion combinations. Good luck!!

 

[brownsfan019]

Quote from mde2004:

You can't make long term money trading futures because someone wins and someone loses each trade while your broker takes commissions from you.

Interesting statement with no basis whatsoever, except maybe your own blown out account!

These 'you can't make money in futures' guys are so funny. It is true, someone is taking your money when you lose. The game is not full of losers just exchanging money, there are some winners out there. And that does not include your broker.

 

[Bearbelly]

Quote from mde2004:

You can't make long term money trading futures because someone wins and someone loses each trade while your broker takes commissions from you.

Check out this guys blog. He spends money like its water. I know a few other people who are doing pretty well.http://www.tradersparadise.blogspot.com/

 

[artes]

VIX FUTURES, quote from Other Thread:

Check out this link, and perhaps answer

Do you think that this other way works?

http://www.elitetrader.com/vb/showthread.php?s=&threadid=93543

 

[Tcbjx9]

SUre he didnt just inherit it??

Quote from Bearbelly:

Check out this guys blog. He spends money like its water. I know a few other people who are doing pretty well.http://www.tradersparadise.blogspot.com/

 

[rateesquad]

TiCK works pretty good for YM.......like VIX jsut a little bit different.

 

[rateesquad]

TiCK works pretty good for YM.......like VIX jsut a little bit different.

 

[artes]

Quote from mde2004:

You can't make long term money trading futures because someone wins and someone loses each trade while your broker takes commissions from you.

Imagine
If You finds derivative (index), who constantly goes towards 14 and returns constantly towards 12, and never goes below 10.
And you are only LONG on this product.

Also, You take your profit, some ticks 20/30. Perhaps each day?
[like entry at 129.25 exit at 131.25, big account (8500 by contract, like this, no stop loss needed!)]
Or 3 contracts with scale-out-orders [15-75-250 ticks]

That you think about it!

see the (may be) solution at : http://www.elitetrader.com/vb/showthread.php?s=&threadid=93543

[VX Future]