Your average intraday profit per contract in ES?

Quote from Girlpower:

There is an anomally that skews the poll results.

Having a 4-6 band and a 5-10 band, will result in a lot of people who make avarage 5 point or 5.5 points per day, voling in the 5-10 band instead of the 4-6 band, which is probably why there are not many voltes in that band.

Perhaps the last band should be 6+ instead of 5-10 and that would change the result a little. (or even use the fractions to clearly sepparate it out i.e. 0 - 2, 2 1/4 - 4, 4 1/4 - 6, 6 1/4+)

Best

Natalie
You're right. The poller made an obvious mistake.
As you must see, polling is an advanced discipline that requires specific skills.
It can be heavily misleading...

Can't it, Mr Bush? :eek:

But HEY - Let's face it : Isn't it awesome to know that 34% of ES traders make 5-10pts per day?

:D

~Scientist
 
Quote from Scientist:



But HEY - Let's face it : Isn't it awesome to know that 34% of ES traders make 5-10pts per day?

:D

~Scientist

Well, 34% of the profitable ones that is :)

best

Natalie
 
Quote from Scientist:

But HEY - Let's face it : Isn't it awesome to know that 34% of ES traders make 5-10pts per day?
This should be reinforced by this independent statistic I grabbed somewhere:

Of all beginning private (non-professional / institutional) ES Traders;

6% lose all initial capital within 1 day of trading.
16% within the first week
36% within 2 weeks
58% within 3 weeks.
66% within the first month of trading.
81% within the first 3 months.
92% within the first 6 months.
96% within the first 12 months.
99.4%-99.7% fail in their endeavour over time.

Surprisingly enough, the other 0.3% make 5-10pts per day, because they're so good.
I don't actually make this much, although I'm excellent. :p
I'm happy to make a quarter of that (on average!).

Maybe I haven't figured it and I'm amongst those 99.7% as well?

Never thought about it. Hey you 5-10pt (100-200pt / month). guys, could you give us a few hints on how to annualize 1,000% + per annum like you do ?

Just a hint will do. :D

~Scientist
 
Quote from Girlpower:

Well, 34% of the profitable ones that is :)
Don't even think about it!

Going for those kind of profits is a great way to go broke! :eek:
Might as well go to Vegas and have some fun...

Compliments,
~The Scientist :cool:
 
Going for those kind of profits is a great way to go broke! :eek:
Might as well go to Vegas and have some fun...
... and spend some of it on 'girlpower' while you're there :p


No pun intended!
~The Scientist
 
Quote from Scientist:


Don't even think about it!

Going for those kind of profits is a great way to go broke! :eek:
Might as well go to Vegas and have some fun...

Compliments,
~The Scientist :cool:

I guess if you are going for that then you would go broke, but when it happens over time as a consequence of good management and discipline? hmmmmm.....

Best

Natalie
 
Quote from candletrader:


my very long run average points on ES per contract per day is at the lower end of the 1-3pt range, its around 1.5pts...

Candle,
1.5 pts before or after commissions? Thanks
 
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