Why is the Futures market supposedly more difficult?

"A newbie who gets into futures without understanding program trading is asking for trouble."


I 100% agree. But when you figure out how to be on the same side of the program trades when they go off, that is where the money is made.
 
Quote from candletrader:

If you are referring to points per contract, I don't believe its common to make more than 0.5pt to 1pt per day per contract (long run average)... and this is for someone who is actually capable of making a living off futures...

If you are referring to total points per day, then of course I agree with you... most professionals trade more than 1 contract...
More...

I'm talking about points per contract.
 
Quote from candletrader:

You are someone who believes that its impossible to make a living trading futures... well that's your issue for you to resolve, whether you believe its impossible to make a living trading futures, stocks or indeed anything... there are lots of people trading all sorts of things making a perfectly decent living doing so... and no, I am not selling anything to anyone... but I will make an exception and sell my trading approaches to you for $50,000 when/if they stop working...

I absolutely disagree with you about the feasibility of making a living off futures... I know that its perfectly possible for a good trader to average around 0.5pt per contract per day over the long run...

I also disagree with all those who say its possible to average multiple points per day per contract...

Both your utterly negative position and their overly optimistic position are the extremes... my position is somewhere between... a good living off futures is not an impossibility if you formulate a robust system and trade it with strong discipline... and can figure out when/if its bust and not simply going through a drawdown...
More...

Like I said you need to hang in better circles. I've been averaging over 2 points a day per contract when I trade the mini ES and 3 points a day per contract when trading the Euro for 3 years now. I don't trade every day but do trade an average of 3 days a week. I trade about 35 weeks a year.
 
Quote from Charlie Dow:

Like I said you need to hang in better circles. I've been averaging over 2 points a day per contract when I trade the mini ES and 3 points a day per contract when trading the Euro for 3 years now. I don't trade every day but do trade an average of 3 days a week. I trade about 35 weeks a year.
More...

Your numbers, combined with relatively simple money management principles, imply that you are worth (or could have been worth, had you got the basic math approach correct) much more than I am worth... congratulations...

The drinks are on you...

Myself, a mere mortal, will continue to plug away with my low drawdown and consistent method of index futures trading...
 
Gentlemen

1.What is/can be/ retail winner/loser distribution after one year of trading for trader ,which make 100-1000 operations per year ?

a. for stock
b. for options on stock
c. for index futures
d. for options on index futures

Author suspect for retail trader lower as 5% ...
An this reatial operator ,which are in profit not have
made profit comporable to M.Schwartz /some 800% per y
on capital approx 1mln$ today/
2. For stock minimal risk can be 2$ commission per rt of 100 shares by mbtrading + 0.4-0.8% SL/for 5$ high liquid stock
as siri,rfmd ,atml,brcde,sunw/ approx 2-4 $
together 6 $ per operation
For index futures minimal risk is more high
3.5 $ per RT + 12.5 $ per tick ,if scalping for ES possible
/is it the case under conditions of CME FIF0?/

If stock operator have 6000 $ of start capital ,he can lose
500 time in row ,before 50% of st.c. would deleted
Correct ?

Questions for operators ,which experienced with real
money ES,EN,ERT,EYM,DEX, LFT,GMCT trading ....
How great can be minimal loss by intraday trading ?

Author would very pleased for answer.



P.S. -Author have result by USA future exchange official trading contest with real quote ,but paper money 2600% per week ,but think that is irrelevant to real money trading . Also author have results by real quote paper game by one of options industry leader some 1000000 time or 100 000 000 % per 4 month and 100 time per 5 business days by future industries leader, but think that is also not relevant to real money trading .
 
Quote from candletrader:

Your numbers, combined with relatively simple money management principles, imply that you are worth (or could have been worth, had you got the basic math approach correct) much more than I am worth... congratulations...

The drinks are on you...

Myself, a mere mortal, will continue to plug away with my low drawdown and consistent method of index futures trading...
More...

Thanks but your math needs some brushing up on. I'm a small trader, throwing 10 lots at the Market on each trade. I don't compound and don't average. I'm about as conservative as you get. I average a breath over 10K a week when I trade and vacation a lot. My opiniion is that consistency is more important then being greedy, stupid or a smart aleck. I have a blast trading and and even have more fun spending the rewards. I fly 10 feet below the radar and laugh at the people 15 feet above me. My grandkids will know exactly how I trade and trade as well as I do before I die and my last check will bounce. End of story.
 
Quote from Charlie Dow:

Thanks but your math needs some brushing up on. I'm a small trader, throwing 10 lots at the Market on each trade. I don't compound and don't average. I'm about as conservative as you get. I average a breath over 10K a week when I trade and vacation a lot. My opiniion is that consistency is more important then being greedy, stupid or a smart aleck. I have a blast trading and and even have more fun spending the rewards. I fly 10 feet below the radar and laugh at the people 15 feet above me. My grandkids will know exactly how I trade and trade as well as I do before I die and my last check will bounce. End of story.
More...

God bless ya Charlie Dow... sounds like tradin' heaven ta mee... $380,000.00 to a max of $480,000.00 a year + plus vacations... :eek:

Oh Mama... dat is da best...

God bless yer kids and grandkids and thank god you <i>are not</i> into giving or holding any of those messy nasty seminar or chat type of thingys...

If you were into giving those ding dang seminar or chat room thingy's you would <b>have to</b> supply audited trading sheet statements and all that to anybody who would want to verify your $400-500K trading income so they would feel comfortable about you being their honest seminar giver or chat room guy...

man you got it the best... major appluse from the peanuts gallery... I am doing Ok but that is a whole new level to aspire to

all the best... may the wind always be at your back lad...


cj...


:)

_________________
HAVE STOP - WILL TRADE

If You Have The Vision We Have The Code
 
:D

Quote from EdgeHunter:

God bless ya Charlie Dow... sounds like tradin' heaven ta mee... $380,000.00 to a max of $480,000.00 a year + plus vacations... :eek:

Oh Mama... dat is da best...

God bless yer kids and grandkids and thank god you <i>are not</i> into giving or holding any of those messy nasty seminar or chat type of thingys...

If you were into giving those ding dang seminar or chat room thingy's you would <b>have to</b> supply audited trading sheet statements and all that to anybody who would want to verify your $400-500K trading income so they would feel comfortable about you being their honest seminar giver or chat room guy...

man you got it the best... major appluse from the peanuts gallery... I am doing Ok but that is a whole new level to aspire to

all the best... may the wind always be at your back lad...


cj...


:)

_________________
HAVE STOP - WILL TRADE

If You Have The Vision We Have The Code
More...


:D
 
Quote from Charlie Dow:

Like I said you need to hang in better circles. I've been averaging over 2 points a day per contract when I trade the mini ES and 3 points a day per contract when trading the Euro for 3 years now. I don't trade every day but do trade an average of 3 days a week. I trade about 35 weeks a year.
More...

Let me see if I got it right, you do:

avg 2pt/day in ES
avg 3pt/day in 6E

In Euro it's certainly doable, as it averages 90+ points per day.

But avg 2pt/day in ES? hmmm :)

Nevertheless, feel free to post some daily P/Ls in
Trader P/L thread. Which by the way has had virtually no posts by futures traders.
 
You must log in or register to reply here.
Back
Top