Quote from limitdown:
simulated account trading,
size of positions and direction of positions unknown and not disclosed
cummulative profit suggests a multi-day session hold on position and the resultant rise to $53,000+ profit in green, and it kept fluctuating
the fluctuating profit in green suggests that this is not his primary position, holding or account, hence most likely a demo account, as anyone capable of holding that size in ES and ignoring profits from the time it showed up on the screen at +32,000 through +53,000+ and then to the +42,000 range probably doesn't need the money or the credit for the profits....
that's what I think
If you look at the DOM you can see that he is 200 contracts deep into his trade. He is adding to his position using limit orders on the short side which are filled on retracements.
His profits are achievable during intraday trading.
1 es tick = 12.50
200 contracts x 12.50 = $2500 per tick
50,000/2500 = 20 ticks
20 ticks is achievable during an intraday move, s/he is compounding his profits by adding to a winning position.
Ohh and lets assume he is using a retail broker that allows $500 emini margin intraday.
200 contracts x $500 = $100,000 margin.
Letting his profit go from $50,000 to $30,000 would be no different then someone letting their profit go from $100 to $50. As long as the trade is still valid and you are still in profit then you are good to go. If people can't handle the wild profit swings of holding a large position, then they should consider scalping for ticks to minimize exposure/risk.