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is 40-50 ticks per day doable

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Market Wizard
Philly, Pa
 
Futures Experience: Master
Platform: NinjaTrader
Favorite Futures: ES, ZB
 
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Posts: 5,948 since Jul 2010
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2 things you should not concern yourself with, when you are first learning how to trade: 1) how much money you are making, and 2) how long it's going to take until you are making money.

Your singular focus should be learning how to trade correctly. If you rush the learning process, and pick up bad habits in the process, you will only have to un-learn them in the future. Making money will take care of itself, when you you trade well.


When I first left the floor, I traded prop for a year at Schoenfeld, and they did not have any minimum P&L threshold requirements for any of their traders. Legitimate prop houses are more concerned with how a trader controls his risk, than how much money he is making. This is a sentiment that should also be your overriding concern.




Last edited by tigertrader; October 23rd, 2010 at 10:08 AM.
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