200 ticks per month ES, NQ, YM - futures io
futures io



200 ticks per month ES, NQ, YM


Discussion in Emini and Emicro Index

Updated
      Top Posters
    1. looks_one tradethetick with 19 posts (6 thanks)
    2. looks_two Blash with 6 posts (19 thanks)
    3. looks_3 FABRICATORX with 5 posts (8 thanks)
    4. looks_4 xplorer with 5 posts (8 thanks)
      Best Posters
    1. looks_one michaelleemoore with 12 thanks per post
    2. looks_two ValueFocused with 7 thanks per post
    3. looks_3 Blash with 3.2 thanks per post
    4. looks_4 bbgg91 with 2.3 thanks per post
    1. trending_up 19,769 views
    2. thumb_up 145 thanks given
    3. group 26 followers
    1. forum 72 posts
    2. attach_file 4 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

200 ticks per month ES, NQ, YM

(login for full post details)
  #1 (permalink)
 tradethetick 
Irvine, CA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Adv/TT
Trading: CL, GC, TF
 
tradethetick's Avatar
 
Posts: 416 since Oct 2011
Thanks: 42 given, 373 received

Is there anyone that makes 200 ticks per month, just about every month trading ES and/or NQ and/or YM?

I have never met anyone that is doing that and I would like to SEE that it is possible...in reality.

Anyone?

Started this thread Reply With Quote
The following user says Thank You to tradethetick for this post:

Journal Challenge April 2021 results (now extended!):
Competing for $1800 in prizes from Jigsaw
looks_oneMaking a Living with the Microsby sstheo
(391 thanks from 41 posts)
looks_twoSalao's Journalby Salao
(88 thanks from 15 posts)
looks_3Learning to Profit - A journey in algorithms and optionsby Syntax
(59 thanks from 19 posts)
looks_4Deetee’s DAX Trading Journal (time based)by Deetee
(51 thanks from 25 posts)
looks_5Maybe a little bit different journalby Malykubo
(37 thanks from 23 posts)
 
Best Threads (Most Thanked)
in the last 7 days on futures io
The Crude Dude Oil Trading System
107 thanks
Seasonal Trades
31 thanks
futures io site changelog and issues/problem reporting
26 thanks
Spoo-nalysis ES e-mini futures S&P 500
23 thanks
Cryptocurrencies 101 -- what Ive learned so far
22 thanks
 
(login for full post details)
  #3 (permalink)
 Blash 
Market Chamois
Chicago, IL
 
Experience: None
Platform: NT8,NT7,TWS
Broker: InteractiveBrokers, S5T, IQFeed
Trading: The one I'm creating in the present....Index Futures mini/micro, ZF
 
Blash's Avatar
 
Posts: 2,285 since Nov 2011
Thanks: 7,247 given, 4,436 received



tradethetick View Post
Is there anyone that makes 200 ticks per month, just about every month trading ES and/or NQ and/or YM?

I have never met anyone that is doing that and I would like to SEE that it is possible...in reality.

Anyone?

I'm a bit confused by your post to be honest. Are you asking if there are any traders that make 200(ticks) x $12.50(per tick value) = $2500.00/mo trading ES? So are you wondering if it is possible to make $2500.00/mo trading ES? If so the answer is, yes.

As an example see @Big Mike post here for the month of November 2014 trading from his cell phone while on vacation

Ron

...My calamity is My providence, outwardly it is fire and vengeance, but inwardly it is light and mercy...
The steed of this Valley is pain; and if there be no pain this journey will never end.
Buy Low And Sell High (read left to right or right to left....lol)
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to Blash for this post:
 
(login for full post details)
  #4 (permalink)
 Tymbeline 
Leeds UK
 
Experience: Intermediate
Platform: TradingView
Broker: LCG, Oanda
Trading: ES, 6E, Cable
 
Tymbeline's Avatar
 
Posts: 474 since Apr 2015
Thanks: 1,254 given, 657 received


tradethetick View Post
Is there anyone that makes 200 ticks per month, just about every month trading ES and/or NQ and/or YM?


"Ticks per month" isn't a metric I've previously encountered, but it seems a perfectly legitimate one. Anyway, there are clearly many members here averaging 10+ ticks per trading day on ES and/or NQ and/or YM. (Some of them are even doing so while taking TST Combines and posting daily accounts of every trade, together with copies of account reports, in their Journals here.)

Reply With Quote
The following 2 users say Thank You to Tymbeline for this post:
 
(login for full post details)
  #5 (permalink)
 tradethetick 
Irvine, CA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Adv/TT
Trading: CL, GC, TF
 
tradethetick's Avatar
 
Posts: 416 since Oct 2011
Thanks: 42 given, 373 received


Tymbeline View Post
"Ticks per month" isn't a metric I've previously encountered, but it seems a perfectly legitimate one. Anyway, there are clearly many members here averaging 10+ ticks per trading day on ES and/or NQ and/or YM. (Some of them are even doing so while taking TST Combines and posting daily accounts of every trade, together with copies of account reports, in their Journals here.)

I use ticks per month because so many traders make 10+ ticks on Tuesday and lose 10+ ticks on Wednesday. Or they do week for 3 days and then give it all back.

I have never seen anybody make 200+ ticks per month consistently. Nobody wants to show that they have. Only "say" they have.

Will anyone who makes 200+ ticks per month step forward?

Started this thread Reply With Quote
 
(login for full post details)
  #6 (permalink)
 xplorer 
Site Moderator
London UK
 
Experience: Beginner
Platform: CQG
Broker: S5
Trading: Futures
 
xplorer's Avatar
 
Posts: 5,359 since Sep 2015
Thanks: 13,505 given, 12,982 received


tradethetick View Post
I use ticks per month because so many traders make 10+ ticks on Tuesday and lose 10+ ticks on Wednesday. Or they do week for 3 days and then give it all back.

That's why Tymbeline used the word "averaging"

That gives you the overall sense as to whether you're profitable or not

Reply With Quote
The following 2 users say Thank You to xplorer for this post:
 
(login for full post details)
  #7 (permalink)
 tradethetick 
Irvine, CA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Adv/TT
Trading: CL, GC, TF
 
tradethetick's Avatar
 
Posts: 416 since Oct 2011
Thanks: 42 given, 373 received


Blash View Post
I'm a bit confused by your post to be honest. Are you asking if there are any traders that make 200(ticks) x $12.50(per tick value) = $2500.00/mo trading ES? So are you wondering if it is possible to make $2500.00/mo trading ES? If so the answer is, yes.

As an example see @Big Mike post here for the month of November 2014 trading from his cell phone while on vacation

Ron

I am asking if anyone will show that they are consistently making 200+ ticks per month day trading. So many people say they are but I have not seen one person show it. I am not sure why someone who is successful would hide it. Most professionals, like golfers, show their score card. In fact they play in front of a live audience. Why do traders not show the results? So I am asking if anyone will show it?

Thank you for the thread. I will read it.

Started this thread Reply With Quote
The following user says Thank You to tradethetick for this post:
 
(login for full post details)
  #8 (permalink)
 tradethetick 
Irvine, CA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Adv/TT
Trading: CL, GC, TF
 
tradethetick's Avatar
 
Posts: 416 since Oct 2011
Thanks: 42 given, 373 received


xplorer View Post
That's why Tymbeline used the word "averaging"

That gives you the overall sense as to whether you're profitable or not

I understand. But will anyone show it? Are there any threads I have missed where someone is doing it? Not just saying it. Or saying it is possible. But actually proving that in writing or posts. Will anyone?

Started this thread Reply With Quote
 
(login for full post details)
  #9 (permalink)
 Blash 
Market Chamois
Chicago, IL
 
Experience: None
Platform: NT8,NT7,TWS
Broker: InteractiveBrokers, S5T, IQFeed
Trading: The one I'm creating in the present....Index Futures mini/micro, ZF
 
Blash's Avatar
 
Posts: 2,285 since Nov 2011
Thanks: 7,247 given, 4,436 received


tradethetick View Post
I understand. But will anyone show it? Are there any threads I have missed where someone is doing it? Not just saying it. Or saying it is possible. But actually proving that in writing or posts. Will anyone?



Blash View Post
I'm a bit confused by your post to be honest. Are you asking if there are any traders that make 200(ticks) x $12.50(per tick value) = $2500.00/mo trading ES? So are you wondering if it is possible to make $2500.00/mo trading ES? If so the answer is, yes.

As an example see @Big Mike post here for the month of November 2014 trading from his cell phone while on vacation

Ron

Perhaps you missed my post. I have quoted it above for you here. Click the link to @Big Mike 's trade journal post dated December 4th 2014. Here he has posted his November IB statement where he made well over a 1000 ticks on ES in just November trading while on vacation on a cruise ship from his cell phone without his "regular" charts and the like. His journal is full of post like this all thought he has since stopped posting his trades now for a number of reasons. So once you land on this post and study it then go backward and you will find much more like this only with much larger total per month ticks.

Ron

...My calamity is My providence, outwardly it is fire and vengeance, but inwardly it is light and mercy...
The steed of this Valley is pain; and if there be no pain this journey will never end.
Buy Low And Sell High (read left to right or right to left....lol)
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to Blash for this post:
 
(login for full post details)
  #10 (permalink)
 tradethetick 
Irvine, CA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Adv/TT
Trading: CL, GC, TF
 
tradethetick's Avatar
 
Posts: 416 since Oct 2011
Thanks: 42 given, 373 received



Blash View Post
Perhaps you missed my post. I have quoted it above for you here. Click the link to @Big Mike 's trade journal post dated December 4th 2014. Here he has posted his November IB statement where he made well over a 1000 ticks on ES in just November trading while on vacation on a cruise ship from his cell phone without his "regular" charts and the like. His journal is full of post like this all thought he has since stopped posting his trades now for a number of reasons. So once you land on this post and study it then go backward and you will find much more like this only with much larger total per month ticks.

Ron

I am reading it now. Do you know if it was daytrading while on a cruise or was it a buy and hold investing trade?

Also, any other months or just one month? I am looking for consistent, proven results.

Started this thread Reply With Quote
The following user says Thank You to tradethetick for this post:
 
(login for full post details)
  #11 (permalink)
 Blash 
Market Chamois
Chicago, IL
 
Experience: None
Platform: NT8,NT7,TWS
Broker: InteractiveBrokers, S5T, IQFeed
Trading: The one I'm creating in the present....Index Futures mini/micro, ZF
 
Blash's Avatar
 
Posts: 2,285 since Nov 2011
Thanks: 7,247 given, 4,436 received


tradethetick View Post
I am reading it now. Do you know if it was daytrading while on a cruise or was it a buy and hold investing trade?

Also, any other months or just one month? I am looking for consistent, proven results.

It's all in his thread his trade journal. It seems he posts these screen shots as screencast images using snagit so you can not search through his attachments to find these. You are going to have to just page through his journal but its all there. Very generous of @Big Mike to do that. And he took some measure of slack from folks regarding it, hence he stopped.

Here is another post regarding a single day time period where he made over 128 ticks on ES This post will show you the time in trade as you were asking about. Make sure you click to enlarge the screencast image so you can witness all the details it's the little icon a square with an arrow pointing up and to the right. Then scroll to see all parts. There is much more to find in his journal but that is all I have time now to find for you. I hope that helps you.

Ron

...My calamity is My providence, outwardly it is fire and vengeance, but inwardly it is light and mercy...
The steed of this Valley is pain; and if there be no pain this journey will never end.
Buy Low And Sell High (read left to right or right to left....lol)
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following 3 users say Thank You to Blash for this post:
 
(login for full post details)
  #12 (permalink)
 tradethetick 
Irvine, CA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Adv/TT
Trading: CL, GC, TF
 
tradethetick's Avatar
 
Posts: 416 since Oct 2011
Thanks: 42 given, 373 received


Blash View Post
It's all in his thread his trade journal. It seems he posts these screen shots as screencast images using snagit so you can not search through his attachments to find these. You are going to have to just page through his journal but its all there. Very generous of @Big Mike to do that. And he took some measure of slack from folks regarding it, hence he stopped.

Here is another post regarding a single day time period where he made over 128 ticks on ES This post will show you the time in trade as you were asking about. Make sure you click to enlarge the screencast image so you can witness all the details it's the little icon a square with an arrow pointing up and to the right. Then scroll to see all parts. There is much more to find in his journal but that is all I have time now to find for you. I hope that helps you.

Ron

Thanks. Reading it now

Started this thread Reply With Quote
The following user says Thank You to tradethetick for this post:
 
(login for full post details)
  #13 (permalink)
Rory
 
 
Posts: 2,743 since May 2014
Thanks: 5,444 given, 8,140 received

I don't use TST but I imagine they may have a leader board? I recall they published stuff on FB.

I have sympathy (otherwise better things to do than type here) with that sense of paranoia... is it all a scam? Why does a talented developer etc. become a vendor when one would imagine him making begillions etc..? The thoughts passed through my head.

Anyhoo, this is a Google indexed (completely exposed to the public) part of the forum. Nobody with sense and profitable traders have this, would post account statements here. You have psycho/sociopaths everywhere.. even... scam artists fishing for valid/current statement templates?? woooo...

Even a sniff of identity theft risk is drummed into everyone. Also whats Photoshop-proof (proof) anyway beyond a joint call to the broker? BM did so in that thread which was a rare event to save some people their sanity. Stating the obvious however its not a sports game where you look for sponsors, there is only unknown risk with verifying like you asking.

I know (now) that 200 single contract ticks are nothing to a liquid Futures trader who is trading multiple contracts with split targets etc. There is a leap of faith required maybe. I now accept 99.999% those BM statements are valid.

Reply With Quote
 
(login for full post details)
  #14 (permalink)
 tradethetick 
Irvine, CA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Adv/TT
Trading: CL, GC, TF
 
tradethetick's Avatar
 
Posts: 416 since Oct 2011
Thanks: 42 given, 373 received


Rory View Post
I don't use TST but I imagine they may have a leader board? I recall they published stuff on FB.

I have sympathy (otherwise better things to do than type here) with that sense of paranoia... is it all a scam? Why does a talented developer etc. become a vendor when one would imagine him making begillions etc..? The thoughts passed through my head.

Anyhoo, this is a Google indexed (completely exposed to the public) part of the forum. Nobody with sense and profitable traders have this, would post account statements here. You have psycho/sociopaths everywhere.. even... scam artists fishing for valid/current statement templates?? woooo...

Even a sniff of identity theft risk is drummed into everyone. Also whats Photoshop-proof (proof) anyway beyond a joint call to the broker? BM did so in that thread which was a rare event to save some people their sanity. Stating the obvious however its not a sports game where you look for sponsors, there is only unknown risk with verifying like you asking.

I know (now) that 200 single contract ticks are nothing to a liquid Futures trader who is trading multiple contracts with split targets etc. There is a leap of faith required maybe. I now accept 99.999% those BM statements are valid.

I came across this and thought I would share it as it relates to not showing broker statements:

"If you ask a trader for an account statement that verifies trading success and they say, “I cannot show a trading statement because it is illegal”, then avoid this statement like your financial life depends upon it. This is the lamest, most BS riddled excuse in the trading world. It is true that a trader cannot mass market account statements without certain disclosures, but there is absolutely nothing illegal with a trader giving a private viewing of an account statement. They can publish it on their website with proper boiler plate disclosures, they can email it over to you, they can screen share, they can authorize their broker to speak with you about individual performance. There are a multitude of paths. Don't ever fall for the BS, “I have spoken to my lawyers and they said that I cannot disclose my trading performance”. Complete nonsense...Any trader that says that they cannot disclose individual trading performance because “their attorney said its illegal” is in the process of scamming you."

WatchHimTrade.Com - Trading Schools.Org

Anyone willing to step forward yet?

Started this thread Reply With Quote
 
(login for full post details)
  #15 (permalink)
 SoftSoap 
Canada
 
Experience: Beginner
Platform: NinjaTrader
Broker: InteractiveBrokers
Trading: NQ
 
SoftSoap's Avatar
 
Posts: 594 since Aug 2015
Thanks: 347 given, 1,222 received

Unless you are trying to do business with someone, I fail to see any sort of incentive on this thread for somebody to give you proof that their system takes 200+ticks a month.

Internet points in exchange for personal trading information? Doesn't seem like an exchange most would be willing to take

Why don't you register for something like fundseeder, I'm told that you can benchmark your performance with other traders in there.

Visit my futures io Trade Journal Reply With Quote
The following 4 users say Thank You to SoftSoap for this post:
 
(login for full post details)
  #16 (permalink)
Rory
 
 
Posts: 2,743 since May 2014
Thanks: 5,444 given, 8,140 received


tradethetick View Post
[/url]
...........

Wow. Quoting Emmet Moore (the convicted Ponzi scheme criminal) and even that out of context? Not much anyone can say to you now. As said by @SoftSoap you are asking private traders, not businesses...

Sorry I tried.

Edit: I don't want to seem I'm attacking you because of that criminal.. But as honesty in the industry is being discussed here.. Emmett Moore defrauded a lot of people and having forgiven himself created trading schools as a thief-to-catch-a-thief enterprise. But its also a big scam I believe.

If E.M. publishes account statements showing he is repaying the millions of stolen money to investors like a friend of mine's widow who was in the same scheme or another just like it, I'll not be hostile to anything that promotes or enriches him or other psychopath personalities. His life was catastrophically shortened (yes, could not afford his health insurance and the worst happened). The idea of E.M. getting market share and becoming judge and jury makes me sick. Anybody but him.

Reply With Quote
 
(login for full post details)
  #17 (permalink)
wiesman02
amherst, ma
 
 
Posts: 1 since Aug 2015
Thanks: 0 given, 1 received

I will tell you a story. A trader I was talking to was making wild claims of 10-15 points per day trading ES. I took it upon myself to prove him a liar since all the trading forums said this wasn't possible. With lots of studying and screen time, I got to a point where making only 2 points in a day in ES felt like a losing day. Moral of the story, work hard, understand your instrument inside and out. I'm nowhere near where I want to be, but one thing I do know. Those who say things are not possible are only saying this out of their own failings. 50 points / month in ES is possible.

Reply With Quote
The following 4 users say Thank You to wiesman02 for this post:
 
(login for full post details)
  #18 (permalink)
 tradethetick 
Irvine, CA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Adv/TT
Trading: CL, GC, TF
 
tradethetick's Avatar
 
Posts: 416 since Oct 2011
Thanks: 42 given, 373 received


Rory View Post
Wow. Quoting Emmet Moore (the convicted Ponzi scheme criminal) and even that out of context? Not much anyone can say to you now. As said by @SoftSoap you are asking private traders, not businesses...

Sorry I tried.

Edit: I don't want to seem I'm attacking you because of that criminal.. But as honesty in the industry is being discussed here.. Emmett Moore defrauded a lot of people and having forgiven himself created trading schools as a thief-to-catch-a-thief enterprise. But its also a big scam I believe.

If E.M. publishes account statements showing he is repaying the millions of stolen money to investors like a friend of mine's widow who was in the same scheme or another just like it, I'll not be hostile to anything that promotes or enriches him or other psychopath personalities. His life was catastrophically shortened (yes, could not afford his health insurance and the worst happened). The idea of E.M. getting market share and becoming judge and jury makes me sick. Anybody but him.

I didn't know that about him. But what he says resonates about the lack of transparency in the trading community. So many traders relate golf to trading yet we never take someone's word for their golf game until we see them play. Scorecards work wonders in golf. They would work wonders for trading too.

Started this thread Reply With Quote
 
(login for full post details)
  #19 (permalink)
 tradethetick 
Irvine, CA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Adv/TT
Trading: CL, GC, TF
 
tradethetick's Avatar
 
Posts: 416 since Oct 2011
Thanks: 42 given, 373 received


wiesman02 View Post
I will tell you a story. A trader I was talking to was making wild claims of 10-15 points per day trading ES. I took it upon myself to prove him a liar since all the trading forums said this wasn't possible. With lots of studying and screen time, I got to a point where making only 2 points in a day in ES felt like a losing day. Moral of the story, work hard, understand your instrument inside and out. I'm nowhere near where I want to be, but one thing I do know. Those who say things are not possible are only saying this out of their own failings. 50 points / month in ES is possible.

So many people make similar claims about how much money they are making in the ES, CL, etc. but I have never seen any proof. Nobody. It's amazing. You can watch videos of professional golfers, see scorecards, watch in slow motion. But not with trading.

Only words...

Started this thread Reply With Quote
 
(login for full post details)
  #20 (permalink)
 tradethetick 
Irvine, CA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Adv/TT
Trading: CL, GC, TF
 
tradethetick's Avatar
 
Posts: 416 since Oct 2011
Thanks: 42 given, 373 received


SoftSoap View Post
Unless you are trying to do business with someone, I fail to see any sort of incentive on this thread for somebody to give you proof that their system takes 200+ticks a month.

Internet points in exchange for personal trading information? Doesn't seem like an exchange most would be willing to take

Why don't you register for something like fundseeder, I'm told that you can benchmark your performance with other traders in there.

That may be true but most golfers who are great can't wait to show you their scorecard. WHy would a successful trader be so bashful?

Started this thread Reply With Quote
 
(login for full post details)
  #21 (permalink)
Rory
 
 
Posts: 2,743 since May 2014
Thanks: 5,444 given, 8,140 received


tradethetick View Post
I didn't know that about him. But what he says resonates about the lack of transparency in the trading community. So many traders relate golf to trading yet we never take someone's word for their golf game until we see them play. Scorecards work wonders in golf. They would work wonders for trading too.

Fair enough (hate him grrrrr. haha) but does the point that its not a sporting game and nothing like a golf competition not makes sense?

TST have a little friendly competition thing going on but it is not a "game" for self-funded traders who are not under that prop-shop umbrella. Futures unlike stocks is a "zero-sum-game: In game theory and economic theory, a zero-sum game is a mathematical representation of a situation in which each participant's gain (or loss) of utility is exactly balanced by the losses (or gains) of the utility of the other participant(s)."

People regardless of social engineering since the 1950s are still somewhat altruistic and we share information, us against the banks/HFTs etc, for reasons of community feeling and self-interest etc.

Even if you get one person's statements, you need many to prove anything I fear. Anyway, I hope you get the proof you need and if not, prosper in you life outside of trading.

Reply With Quote
 
(login for full post details)
  #22 (permalink)
 ValueFocused 
Chicago, Illinois
 
Experience: Advanced
Platform: NinjaTrader
Trading: ES, YM
 
Posts: 53 since Jan 2011
Thanks: 2 given, 93 received


tradethetick View Post
Is there anyone that makes 200 ticks per month, just about every month trading ES and/or NQ and/or YM?

I have never met anyone that is doing that and I would like to SEE that it is possible...in reality.

Anyone?

What kind of time frame are we talking about? In volatile times like we are currently experiencing, it's not difficult at all to hit 200 ticks per month on ES. But really, your question is almost useless as a metric, which is probably why people aren't answering you. An amateur has nothing to show you, and a pro thinks it's none of your fucking business and you have better things to be worrying about. I'll explain that below.

Problems with your metric: First, your yardstick is different for each instrument. 200 ticks is a bigger accomplishment in ES than it is in YM or NQ. ES is a bigger tick and deeper contract which moves less ticks than the others. Also, does this include commission? You can hit 10 ticks in 1 trade or 10. In one scenario you probably didn't actually make any money. The commission factor also changes by trader. You'll pay more per roundturn - a lot more - than a guy who trades thousands of roundturns and has a seat, and he is also sitting in an office at the exchange with a data feed that costs more per month than your car payment, and that's if you have a nice car. His results will be different than yours with the same techniques.

Further, being a good trader isn't necessarily so easily reduced to, "did you make X ticks a month/day/year?" If someone will lift their skirt and show you their trading, it's better to pay attention to win/loss ratio, win rate, maximum adverse excursion (are they taking tons of heat in their trades?), Sharpe ratio, etc. Profitability over time would be clear from their profit curve, which they should also have record of. If they're a fraud, those stats will expose them. Your question will not.

Coincidentally, that is what I recommend to people to concentrate on in their own trading. If you win 60% of the time, your losses are twice as big as your winners, and you're not holding forever or averaging in, you will be just fine over time. Go find a profit curve simulator and plug those numbers in to see what I mean.

Reply With Quote
The following 4 users say Thank You to ValueFocused for this post:
 
(login for full post details)
  #23 (permalink)
 ValueFocused 
Chicago, Illinois
 
Experience: Advanced
Platform: NinjaTrader
Trading: ES, YM
 
Posts: 53 since Jan 2011
Thanks: 2 given, 93 received


tradethetick View Post
Anyone willing to step forward yet?

OK, I just read the rest of the thread. I thought you were talking about evaluating vendors. Here's a question you should ask yourself:

Who in the hell do you think you are to stand here and demand that I, or anyone else, disclose extremely personal information because of an opinion we posted on the internet?

Seriously, why would I give a flying fuck whether you believe something that I posted on here? Especially when it's pretty clear you don't know anything about trading yet. Here's a tip - evaluate whatever advice you receive based on what is contained within. When I was trading for a shop, I knew a guy who worked for a hedge fund in an administrative role. We're talking guys who each had 100MM in backing or more, glittering ivy league resumes, etc. I asked him what he had learned working for these guys. What made them special? His answer floored me:

"What have I learned? I learned that if you have enough money, you can get away with anything. They're no better than the average trader in a shop, they can just hold it until it comes back."

The moral here is not to worry so much about our profit curves or whatever. You aren't a crusader for justice, you're being annoying. You should have one goal - to become a profitable trader. That's mostly a skill. There's no secret knowledge. Learn basic market analysis and work from there. Create a framework to understand what is typical and atypical. Learn to recognize trending and ranging markets, etc. That stuff is easy and out there in the public domain, but in the end it comes down to YOU, and what I or anybody else does is irrelevant to that.

Reply With Quote
The following 10 users say Thank You to ValueFocused for this post:
 
(login for full post details)
  #24 (permalink)
bbgg91
melbourne, australia
 
 
Posts: 26 since Mar 2016
Thanks: 2 given, 42 received


tradethetick View Post
Is there anyone that makes 200 ticks per month, just about every month trading ES and/or NQ and/or YM?

I have never met anyone that is doing that and I would like to SEE that it is possible...in reality.

Anyone?

200 points a month is 10 points a day. Anybody that does this as their full time job should be able to do that. I am not sure you are going to get many of us to publish their personal financial information on a public forum plus I could just make something up and you would never be the wiser.

So to your question... can you make 200 points a month. The answer is if you know what you are doing and trade the markets that move and put in the screen time trading... you should be able to do that in a month or less but there are a vast array of factors relating to that as in what are your own personal objectives, risk tolerance, skill, position sizes etc.

I would have thought a better question would have been is can you really make a living out of doing this. The answer to that is yes but you do have to educate yourself about trading. Remember, trading is a learnt skill and you do need persistence, patience and commitment to succeed.

Reply With Quote
The following 2 users say Thank You to bbgg91 for this post:
 
(login for full post details)
  #25 (permalink)
 Blash 
Market Chamois
Chicago, IL
 
Experience: None
Platform: NT8,NT7,TWS
Broker: InteractiveBrokers, S5T, IQFeed
Trading: The one I'm creating in the present....Index Futures mini/micro, ZF
 
Blash's Avatar
 
Posts: 2,285 since Nov 2011
Thanks: 7,247 given, 4,436 received


bbgg91 View Post
200 points a month is 10 points a day. Anybody that does this as their full time job should be able to do that. I am not sure you are going to get many of us to publish their personal financial information on a public forum plus I could just make something up and you would never be the wiser.



So to your question... can you make 200 points a month. The answer is if you know what you are doing and trade the markets that move and put in the screen time trading... you should be able to do that in a month or less but there are a vast array of factors relating to that as in what are your own personal objectives, risk tolerance, skill, position sizes etc.



I would have thought a better question would have been is can you really make a living out of doing this. The answer to that is yes but you do have to educate yourself about trading. Remember, trading is a learnt skill and you do need persistence, patience and commitment to succeed.


Good post and I agree with all you said.

Just one thing ... He is asking if making 200 "ticks" on ES can be done in a month every month. Of course the answer is yes. I have not done so I'm currently in a drawdown and stop placing orders for almost a year now as I work on many other parts of this business that need my attention mainly myself. But I know it can be done have meet people in person that do it, as you have said 200 "points".

Want to say something to @tradethetick. As I see it the fact that you are so adamant about seeing proof it can be done tells me you don't believe it can be. And if you don't believe it can be done it can't for you. It's that simple.
Quoting 
As Van Tharp says.... "You don't trade the market, you trade your beliefs about the market."

Ron

...My calamity is My providence, outwardly it is fire and vengeance, but inwardly it is light and mercy...
The steed of this Valley is pain; and if there be no pain this journey will never end.
Buy Low And Sell High (read left to right or right to left....lol)
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to Blash for this post:
 
(login for full post details)
  #26 (permalink)
 GFIs1 
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
Platform: Investor/RT
Broker: IB / DTN
Trading: Futures
 
Posts: 5,420 since Feb 2012
Thanks: 5,306 given, 11,329 received

really think you are the first with this question here on FIO?

Answer is NO. There are many threads with similar questions.
Basically the forum is to discuss own trading - how to make bucks and how to avoid bigger losses,
how to overcome fear to push the button and learning about one's weaknesses. It is all about a learning
process.

You can find 2 categories of journals here:
1) Journals that offer insight in trade setups. With some charts after the trade(s) and eventually a sheet
with the results.
2) Journals that offer good moments to take a trade and announcing them before taking the trade
with entry, direction, exit and stop loss. As time passes the results are typed into the post. Finally you
get a result that was made with that trade in real time.
It is up to every journal writer on how much he would like to reveal.
You can get nearly all free :-)

But you need to find those and follow them to see if things posted here are real. And yes - that is work too!

GFIs1

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following 3 users say Thank You to GFIs1 for this post:
 
(login for full post details)
  #27 (permalink)
 xplorer 
Site Moderator
London UK
 
Experience: Beginner
Platform: CQG
Broker: S5
Trading: Futures
 
xplorer's Avatar
 
Posts: 5,359 since Sep 2015
Thanks: 13,505 given, 12,982 received


tradethetick View Post
So many people make similar claims about how much money they are making in the ES, CL, etc. but I have never seen any proof. Nobody. It's amazing. You can watch videos of professional golfers, see scorecards, watch in slow motion. But not with trading.

Only words...

I have to agree with @SoftSoap. What is the incentive for anyone who might be profitable to share with you his/her own results?

The only incentive I can think of is if they are selling you something.

Reply With Quote
The following user says Thank You to xplorer for this post:
 
(login for full post details)
  #28 (permalink)
 tradethetick 
Irvine, CA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Adv/TT
Trading: CL, GC, TF
 
tradethetick's Avatar
 
Posts: 416 since Oct 2011
Thanks: 42 given, 373 received


ValueFocused View Post
What kind of time frame are we talking about? In volatile times like we are currently experiencing, it's not difficult at all to hit 200 ticks per month on ES. But really, your question is almost useless as a metric, which is probably why people aren't answering you. An amateur has nothing to show you, and a pro thinks it's none of your fucking business and you have better things to be worrying about. I'll explain that below.

Problems with your metric: First, your yardstick is different for each instrument. 200 ticks is a bigger accomplishment in ES than it is in YM or NQ. ES is a bigger tick and deeper contract which moves less ticks than the others. Also, does this include commission? You can hit 10 ticks in 1 trade or 10. In one scenario you probably didn't actually make any money. The commission factor also changes by trader. You'll pay more per roundturn - a lot more - than a guy who trades thousands of roundturns and has a seat, and he is also sitting in an office at the exchange with a data feed that costs more per month than your car payment, and that's if you have a nice car. His results will be different than yours with the same techniques.

Further, being a good trader isn't necessarily so easily reduced to, "did you make X ticks a month/day/year?" If someone will lift their skirt and show you their trading, it's better to pay attention to win/loss ratio, win rate, maximum adverse excursion (are they taking tons of heat in their trades?), Sharpe ratio, etc. Profitability over time would be clear from their profit curve, which they should also have record of. If they're a fraud, those stats will expose them. Your question will not.

Coincidentally, that is what I recommend to people to concentrate on in their own trading. If you win 60% of the time, your losses are twice as big as your winners, and you're not holding forever or averaging in, you will be just fine over time. Go find a profit curve simulator and plug those numbers in to see what I mean.

I am just looking for someone (actually it should be at least 50 traders) who is making 200+ ticks per month daytrading. Preferably the ES or CL. I just want to see if it is being done. No one in 10 years has shown me or anyone else that I can find, that they are making 200+ ticks per month, on average, for a year, 2 years, etc. I don;t want to know how they do it. I would just like to see that some traders are doing it.

I am still waiting though...

Started this thread Reply With Quote
 
(login for full post details)
  #29 (permalink)
 tradethetick 
Irvine, CA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Adv/TT
Trading: CL, GC, TF
 
tradethetick's Avatar
 
Posts: 416 since Oct 2011
Thanks: 42 given, 373 received


ValueFocused View Post
OK, I just read the rest of the thread. I thought you were talking about evaluating vendors. Here's a question you should ask yourself:

Who in the hell do you think you are to stand here and demand that I, or anyone else, disclose extremely personal information because of an opinion we posted on the internet?

Seriously, why would I give a flying fuck whether you believe something that I posted on here? Especially when it's pretty clear you don't know anything about trading yet. Here's a tip - evaluate whatever advice you receive based on what is contained within. When I was trading for a shop, I knew a guy who worked for a hedge fund in an administrative role. We're talking guys who each had 100MM in backing or more, glittering ivy league resumes, etc. I asked him what he had learned working for these guys. What made them special? His answer floored me:

"What have I learned? I learned that if you have enough money, you can get away with anything. They're no better than the average trader in a shop, they can just hold it until it comes back."

The moral here is not to worry so much about our profit curves or whatever. You aren't a crusader for justice, you're being annoying. You should have one goal - to become a profitable trader. That's mostly a skill. There's no secret knowledge. Learn basic market analysis and work from there. Create a framework to understand what is typical and atypical. Learn to recognize trending and ranging markets, etc. That stuff is easy and out there in the public domain, but in the end it comes down to YOU, and what I or anybody else does is irrelevant to that.

I would be happy seeing any trader making 200+ ticks per month, on average, every month, vendor or not. I have not seen anyone show me or anyone else that. I am not demanding it. More curious why no one is doing it. I would think that ego alone would have plastered proof all over the internet. Instead people get defensive, come up with excuses, say that it's looking at the wrong thing, cuss... Can you imagine a golfer, after you ask him or her for their scorecard, getting upset. Calling you f-bombs, telling you that is not about their game but your game? Definitely not professionals. In fact as soon as someone has a great game, they are showing everyone the scorecard. Posting it up all around the club. Sharing it on social media. But trading...crickets.

Not what I thought would happen. I thought I would have 10 or more traders stepping up and bragging about how good they are. But when proof is asked for...nothing.

We'll see...

Started this thread Reply With Quote
The following user says Thank You to tradethetick for this post:
 
(login for full post details)
  #30 (permalink)
 tradethetick 
Irvine, CA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Adv/TT
Trading: CL, GC, TF
 
tradethetick's Avatar
 
Posts: 416 since Oct 2011
Thanks: 42 given, 373 received


bbgg91 View Post
200 points a month is 10 points a day. Anybody that does this as their full time job should be able to do that. I am not sure you are going to get many of us to publish their personal financial information on a public forum plus I could just make something up and you would never be the wiser.

So to your question... can you make 200 points a month. The answer is if you know what you are doing and trade the markets that move and put in the screen time trading... you should be able to do that in a month or less but there are a vast array of factors relating to that as in what are your own personal objectives, risk tolerance, skill, position sizes etc.

I would have thought a better question would have been is can you really make a living out of doing this. The answer to that is yes but you do have to educate yourself about trading. Remember, trading is a learnt skill and you do need persistence, patience and commitment to succeed.

Sorry. 200+ ticks per month in CL or ES.

Started this thread Reply With Quote
 
(login for full post details)
  #31 (permalink)
 tradethetick 
Irvine, CA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Adv/TT
Trading: CL, GC, TF
 
tradethetick's Avatar
 
Posts: 416 since Oct 2011
Thanks: 42 given, 373 received


Blash View Post
Good post and I agree with all you said.

Just one thing ... He is asking if making 200 "ticks" on ES can be done in a month every month. Of course the answer is yes. I have not done so I'm currently in a drawdown and stop placing orders for almost a year now as I work on many other parts of this business that need my attention mainly myself. But I know it can be done have meet people in person that do it, as you have said 200 "points".

Want to say something to @tradethetick. As I see it the fact that you are so adamant about seeing proof it can be done tells me you don't believe it can be. And if you don't believe it can be done it can't for you. It's that simple.

Ron

I only disbelieve because no one, anywhere, has shown proof of 200+ ticks per month to anyone. Like you, I am not making that. But if I wanted to play golf at a professional level and couldn't believe it when I first started, that doesn't mean I could never be a professional golfer in time. But the first thing I would want to see, is if anyone else in the world can play golf professionally. Fortunately, you can turn on TV and watch a professional golfer play live and see for yourself that it can be done. With trading, there is nobody. Not one person that you can watch live, see proof, that they make 200+ ticks per month, on average, every month.

Lack of belief erodes with proof.

Started this thread Reply With Quote
 
(login for full post details)
  #32 (permalink)
 tradethetick 
Irvine, CA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Adv/TT
Trading: CL, GC, TF
 
tradethetick's Avatar
 
Posts: 416 since Oct 2011
Thanks: 42 given, 373 received


GFIs1 View Post
really think you are the first with this question here on FIO?

Answer is NO. There are many threads with similar questions.
Basically the forum is to discuss own trading - how to make bucks and how to avoid bigger losses,
how to overcome fear to push the button and learning about one's weaknesses. It is all about a learning
process.

You can find 2 categories of journals here:
1) Journals that offer insight in trade setups. With some charts after the trade(s) and eventually a sheet
with the results.
2) Journals that offer good moments to take a trade and announcing them before taking the trade
with entry, direction, exit and stop loss. As time passes the results are typed into the post. Finally you
get a result that was made with that trade in real time.
It is up to every journal writer on how much he would like to reveal.
You can get nearly all free :-)

But you need to find those and follow them to see if things posted here are real. And yes - that is work too!

GFIs1

Do you know of any that I should look at?

Started this thread Reply With Quote
 
(login for full post details)
  #33 (permalink)
 tradethetick 
Irvine, CA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Adv/TT
Trading: CL, GC, TF
 
tradethetick's Avatar
 
Posts: 416 since Oct 2011
Thanks: 42 given, 373 received


xplorer View Post
I have to agree with @SoftSoap. What is the incentive for anyone who might be profitable to share with you his/her own results?

The only incentive I can think of is if they are selling you something.

I would think that they would be falling all over themselves to show to the world that they are great. Like all great athletes, they can't get enough attention to their talent.

But with trading...nothing. Not even when asked. I thought I would find 1000's of traders showing proof on the internet. Nothing...

Started this thread Reply With Quote
 
(login for full post details)
  #34 (permalink)
 Okina 
montreal quebec/canada
 
Experience: Beginner
Platform: CQG/NT7
Broker: IB/AMP/CQG
Trading: CL
 
Okina's Avatar
 
Posts: 2,149 since Sep 2015
Thanks: 758 given, 5,464 received


tradethetick View Post
I would think that they would be falling all over themselves to show to the world that they are great. Like all great athletes, they can't get enough attention to their talent.

But with trading...nothing. Not even when asked. I thought I would find 1000's of traders showing proof on the internet. Nothing...

I really don't understand what is your purpose?

If you want education about trading just read journals, take ideas form others, try things on SIM, develop your own ideas and style and see if you can make money with that. There is nothing more complicated than that.

What do you want to see more. No one is selling something here and Big Mike makes sure it is not happening.

And yes 200T per month is clearly reachable. With 10 lots it makes 20K/month it is the basic salary of an ordinary middle/high level manager in a big company do you think it is something extraordinary? But of course if you think about doing that with 10 min of work per day you are wrong.

R.I.P. Olivier Terrier (aka "Okina"), 1969-2016.
Please visit this thread for more information.
Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #35 (permalink)
 tradethetick 
Irvine, CA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Adv/TT
Trading: CL, GC, TF
 
tradethetick's Avatar
 
Posts: 416 since Oct 2011
Thanks: 42 given, 373 received


Okina View Post
I really don't understand what is your purpose?

If you want education about trading just read journals, take ideas form others, try things on SIM, develop your own ideas and style and see if you can make money with that. There is nothing more complicated than that.

What do you to see more. No one is selling something here and Big Mike makes sure it is not happening.

And yes 200T per month is clearly reachable. With 10 lots it makes 20K/month it is the basic salary of an ordinary middle/high level manager in a big company do you think it is something extraordinary? But of course if you think about doing that with 10 min of work per day you are wrong.

My purpose is to see proof that there are traders that make 200+ ticks per month, on average, every month. If it is reachable, why are there not a 1000 traders showing the world proof? I am not looking for education. Not looking for something easy with 10 min of work. Just looking for proof. Simple request. Nothing to get angry at.

Still waiting...

Started this thread Reply With Quote
 
(login for full post details)
  #36 (permalink)
 Blash 
Market Chamois
Chicago, IL
 
Experience: None
Platform: NT8,NT7,TWS
Broker: InteractiveBrokers, S5T, IQFeed
Trading: The one I'm creating in the present....Index Futures mini/micro, ZF
 
Blash's Avatar
 
Posts: 2,285 since Nov 2011
Thanks: 7,247 given, 4,436 received


tradethetick View Post
I would think that they would be falling all over themselves to show to the world that they are great. Like all great athletes, they can't get enough attention to their talent.



But with trading...nothing. Not even when asked. I thought I would find 1000's of traders showing proof on the internet. Nothing...



According to Mark Douglas' latest book and his research for well over 30 years there is about 100 million futures traders and only 5% consistently make large profits. So 5 million people world wide. Or said another way 5,000,000/7,260,000,000(world population)=0.000688705234160 or 0.00000688705234160% of the world's people can do it in a big way. It's going to be a very long and hard road to find 50 of these folks willing to show a complete stranger their income level. $30,000/yr I guarantee you is VERY doable. Nobody in their right mind would put themselves through this emotion hell for those peanuts. I nearly made that waiting on tables at Olive Garden back in the late 80's. And there was no emotional pain involved. This pain requires that the pay off be outsized.

Ron

...My calamity is My providence, outwardly it is fire and vengeance, but inwardly it is light and mercy...
The steed of this Valley is pain; and if there be no pain this journey will never end.
Buy Low And Sell High (read left to right or right to left....lol)
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following 4 users say Thank You to Blash for this post:
 
(login for full post details)
  #37 (permalink)
 Okina 
montreal quebec/canada
 
Experience: Beginner
Platform: CQG/NT7
Broker: IB/AMP/CQG
Trading: CL
 
Okina's Avatar
 
Posts: 2,149 since Sep 2015
Thanks: 758 given, 5,464 received


tradethetick View Post
My purpose is to see proof that there are traders that make 200+ ticks per month, on average, every month. If it is reachable, why are there not a 1000 traders showing the world proof? I am not looking for education. Not looking for something easy with 10 min of work. Just looking for proof. Simple request. Nothing to get angry at.

Still waiting...

I just tried to help you...

The real question is WHY you want a proof ?

1) do you plan to leave you day job if such a proof exist?

Don't do that until YOU have reached a good level. What other persons do or don't does not mean you will or won't.

Just do basic maths (it is a zero sum game) for example CL is up 129T today on approximately 1M contract (i did not check the figures) so it means that 129M of $ have changed hands just today (it is not exactly that but it is the idea). Do you think that there is 129M of traders in the world that have just done 10$ each of them in average ? And it is just 1 market.

I have personally make 963T on CL with 10 lots for the day (I was just short before the report, nothing extraordinary with a stop lose at 10T, I had of course my own personal arguments for that to do it and it explained in my journal - basically I was risking 1000$ with the hope and arguments to make more than that) so on that 129M$, 9630$ are mine and they are the lose of another person.

R.I.P. Olivier Terrier (aka "Okina"), 1969-2016.
Please visit this thread for more information.
Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #38 (permalink)
 michaelleemoore 
Market Wizard
Missoula, MT Nɫʔay(ccstm)
 
Experience: Advanced
Platform: NinjaTrader
Broker: NinjaTrader
Trading: CL, ES
 
michaelleemoore's Avatar
 
Posts: 3,436 since Nov 2012
Thanks: 5,542 given, 12,201 received

When I started posting here on FIO, I would occasionally post some results, in part because a couple of people asked whether it was possible to make make money as a scalper. My results were from the "account performance" tab on Ninja, which provides a pretty nice summary of the day/week/month, etc.

Truth be told, I felt a little weird posting the results, as it felt like bragging. I'm not really inclined to brag, but that seems like something you expect of people. So that may be just one of many reasons why people don't post results. The fact is, lots of people lose money trading, and their ability to vent their frustrations on someone making money is rather remarkable. I opened myself up to multiple private message attacks from people who were angry that I made however much money I made that day or week.

On the other hand, I got some very nice notes from others, people who were heartened to see a regular guy making a go of trading. I have done my best to help folks like that, though I always recommend they not try to follow what i do.

I now have a thread in the Elite section, and it's become a friendly, supportive gathering place for intraday traders. There are four of us who post frequently there, and I can assure you I know for a fact that those four easily make 200 ticks a month. I know that because I have a relationship with those people. We've gotten to know one another through trading. One guy and I trade the occasional trade reports, but I don't NEED to see his report to know how he's done on any given day. He trades out loud, as we all do. That means we lose publicly and we win publicly.

I did post a trade report for today, as I had a relatively amazing day in terms of win percentage. Feel free to take a look at the Scalper's Journey. But beyond that, it's likely more worthwhile to focus on what you're doing rather than what the rest of us are doing in terms of profit. This is a great place to learn, and there are many people who give freely of their time. Challenging them to show you their trade reports doesn't really get you anywhere, though, and it certainly won't make you a better trader.

Good luck to you in your trading.

Michael

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following 12 users say Thank You to michaelleemoore for this post:
 
(login for full post details)
  #39 (permalink)
 Massive l 
Legendary Market Wizard
Portland, OR
 
Experience: None
 
Massive l's Avatar
 
Posts: 2,012 since Mar 2011
Thanks: 1,698 given, 4,191 received

I've posted tons of trades and p/l screenshots over the years. Do I care to now just for YOU? I got into trading because I loved learning about the markets. I loved strategy and the game. I never gave a shit about what others were doing or weren't doing. I did it because I loved it. Your focus is in the complete opposite direction of the winning trader.

Visit my futures io Trade Journal Reply With Quote
The following 6 users say Thank You to Massive l for this post:
 
(login for full post details)
  #40 (permalink)
bbgg91
melbourne, australia
 
 
Posts: 26 since Mar 2016
Thanks: 2 given, 42 received


tradethetick View Post
I would think that they would be falling all over themselves to show to the world that they are great. Like all great athletes, they can't get enough attention to their talent.

But with trading...nothing. Not even when asked. I thought I would find 1000's of traders showing proof on the internet. Nothing...

Youtube is full of people telling you how great they are at trading

Reply With Quote
The following user says Thank You to bbgg91 for this post:
 
(login for full post details)
  #41 (permalink)
 MacroNinja 
Buenos Aires Argentina
 
Experience: Advanced
Platform: NT, MT4, Sierra
Trading: S&P, Bonds, Crude, FX
 
Posts: 250 since Sep 2014
Thanks: 37 given, 245 received


tradethetick View Post
My purpose is to see proof that there are traders that make 200+ ticks per month, on average, every month. If it is reachable, why are there not a 1000 traders showing the world proof? I am not looking for education. Not looking for something easy with 10 min of work. Just looking for proof. Simple request. Nothing to get angry at.

Still waiting...

My sincere answer: for the amount of work you have to do as a proper trader, 200 ticks a month does not put food on the table. If my gross profit is $2,000, and I subtract the cost of my data feeds (about $500), internet $100, software licenses $250, etc. Why bother? I'd make more net after taxes flipping hamburgers.

Now, while simply posting brokerage statements might not bring the ire of the SEC, soliciting non-accredited investors does draw their attention.

So please approach your question in this light: perhaps you are most likely right. The vast majority of people do not post 200 tick profits per month. That's why you also see posts asking how to successfully trade on $5,000 accounts. (No offense to any who does, everyone starts someone, and maybe some offense tongue and cheek for those that genuinely believe you can in this example turn $5,000 into $24,000 every year with 100% probability).

Now, for those that might be "rumored" to be making more than 200 ticks per month, maybe do it the right way. Pull up the league tables of the top performing CTA's (which is by the way published). Send them the NDCA, send them certification of your accredited investor status, a letter of intent to keep your $1M USD gated for a minimum of a year, and I'm sure you'll be flooded with audited track records to secure your investment.

So perhaps here is my challenge to you...generate the above, and I will walk you over to one or two CTA's that meet your qualification and request. If you can't meet the CTA's requirements as a client, then unfortunately they will most likely not give you the time of day.

I hope you find the encouragement you are looking for in this venture OR alternatively proof that you should stay away from this endeavor because no one you can find is profitable.

Reply With Quote
The following 5 users say Thank You to MacroNinja for this post:
 
(login for full post details)
  #42 (permalink)
 FABRICATORX 
San Tan Valley, AZ/USA
 
Experience: Advanced
Platform: NT7
Broker: IB, Tallinex, & 10 others.
Trading: Futures
 
FABRICATORX's Avatar
 
Posts: 195 since Jun 2013
Thanks: 697 given, 164 received

Manual trading, yes, but I'm not that greedy. I have a set $ limit per trading day, ~$100 per contract.

So I guess that's ~100-110 NQ ticks, or ~40-50 ES ticks, per month (averaged 21 trading days).

Except FOMC days, those days I SOH.

EDIT: Just to be clear, I don't manual trade ES - that thing is a beast. I let our algos handle that.

-Jimmy
Reply With Quote
 
(login for full post details)
  #43 (permalink)
 GFIs1 
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
Platform: Investor/RT
Broker: IB / DTN
Trading: Futures
 
Posts: 5,420 since Feb 2012
Thanks: 5,306 given, 11,329 received


tradethetick View Post
Do you know of any that I should look at?

There are many!
Just watch the most recent journal posts - there is a lot of going on
and read especially those that had been mentioned by some posters here.
With trades - with results - with discussion about. Exactly what is the
goal of this forum.

But:

I am sorry to see that after so many posts with hints to you in this thread - you
still do not want to follow any advice.
You have not read mentioned journals nor thanked the recent or mentioned posts
that were to see here. A short look at your statistics told me this.

Sad - No more input needed
GFIs1 seeing another troll gets caught

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following 3 users say Thank You to GFIs1 for this post:
 
(login for full post details)
  #44 (permalink)
 Tymbeline 
Leeds UK
 
Experience: Intermediate
Platform: TradingView
Broker: LCG, Oanda
Trading: ES, 6E, Cable
 
Tymbeline's Avatar
 
Posts: 474 since Apr 2015
Thanks: 1,254 given, 657 received


GFIs1 View Post
There are many!
Just watch the most recent journal posts


Indeed. The OP has been told this many times, during the thread, but it appears that his response to it is simply to continue (and rather repeatedly) to say "I haven't seen any".

No disrespect intended at all, but I think it's perhaps a little unrealistic, when you've asked "where are they?" and people have told you where they are, to expect them all to appear in your own thread just because this is where you're asking?

Reply With Quote
The following 4 users say Thank You to Tymbeline for this post:
 
(login for full post details)
  #45 (permalink)
bbgg91
melbourne, australia
 
 
Posts: 26 since Mar 2016
Thanks: 2 given, 42 received

For what it is worth here is my last 2 and bit days of trading. It is not on what you are looking to trade but it is over 200 points (give or take) never the less. I have not traded the US markets because for me they are in the wrong time zone but I have had a look at them and they do not seem too different to trade. As many have said, you just have to know what you are doing.

ps I did not take all the trades that were available in that time. Sometimes you just get tired of looking at a screen!!

Attached Thumbnails
Click image for larger version

Name:	r1.jpg
Views:	241
Size:	445.3 KB
ID:	207210   Click image for larger version

Name:	r2.jpg
Views:	181
Size:	461.5 KB
ID:	207211  
Reply With Quote
The following 4 users say Thank You to bbgg91 for this post:
 
(login for full post details)
  #46 (permalink)
 FABRICATORX 
San Tan Valley, AZ/USA
 
Experience: Advanced
Platform: NT7
Broker: IB, Tallinex, & 10 others.
Trading: Futures
 
FABRICATORX's Avatar
 
Posts: 195 since Jun 2013
Thanks: 697 given, 164 received


FABRICATORX View Post
Manual trading, yes, but I'm not that greedy. I have a set $ limit per trading day, ~$100 per contract.

So I guess that's ~100-110 NQ ticks, or ~40-50 ES ticks, per month (averaged 21 trading days).

Except FOMC days, those days I SOH.

EDIT: Just to be clear, I don't manual trade ES - that thing is a beast. I let our algos handle that.

Oops, that should have said points not ticks.

NQ the monthly target is 400-450 ticks, per contract.

-Jimmy
Reply With Quote
The following 2 users say Thank You to FABRICATORX for this post:
 
(login for full post details)
  #47 (permalink)
 SoftSoap 
Canada
 
Experience: Beginner
Platform: NinjaTrader
Broker: InteractiveBrokers
Trading: NQ
 
SoftSoap's Avatar
 
Posts: 594 since Aug 2015
Thanks: 347 given, 1,222 received


tradethetick View Post
That may be true but most golfers who are great can't wait to show you their scorecard. WHy would a successful trader be so bashful?

The thing is that in the trading world, a score card and a pay stub is pretty much the same thing.
Try walking into a random company and saying the following:
"I heard that it's possible to make $X amount a month, show me your pay stubs so I can see proof"

That won't go along so well will it?

Most traders don't want to show random people on the internet how many ticks they take in a month for the same reason non-traders don't like to tell everyone what their monthly salary is, privacy.

Now all of that aside, let's do the math
  • 200 ticks of the ES (12.50/tick) is $2,500.
  • If you have a $100,000 account, then that's a monthly ROI of 2.5%
  • In a year that is $30,000, and you aren't even including commissions on there so net would be a lot less.

If that seems impossible, you might want to reconsider your career choice. I don't know that many of us would be chasing the trading dream if that dream was $30,000 a year.

Visit my futures io Trade Journal Reply With Quote
The following 4 users say Thank You to SoftSoap for this post:
 
(login for full post details)
  #48 (permalink)
 FABRICATORX 
San Tan Valley, AZ/USA
 
Experience: Advanced
Platform: NT7
Broker: IB, Tallinex, & 10 others.
Trading: Futures
 
FABRICATORX's Avatar
 
Posts: 195 since Jun 2013
Thanks: 697 given, 164 received


SoftSoap View Post
...let's do the math
  • 200 ticks of the ES (12.50/tick) is $2,500.
  • If you have a $100,000 account, then that's a monthly ROI of 2.5%
  • In a year that is $30,000, and you aren't even including commissions on there so net would be a lot less.

If that seems impossible, you might want to reconsider your career choice. I don't know that many of us would be chasing the trading dream if that dream was $30,000 a year.

Bingo!

That math is uncompounded as well, if you're considering taking the $2500 monthly profits, every month.

I personally do quarterly draws of 1-3% of the account balance.

-Jimmy
Reply With Quote
 
(login for full post details)
  #49 (permalink)
 Okina 
montreal quebec/canada
 
Experience: Beginner
Platform: CQG/NT7
Broker: IB/AMP/CQG
Trading: CL
 
Okina's Avatar
 
Posts: 2,149 since Sep 2015
Thanks: 758 given, 5,464 received

instead of losing time posting in a troll thread let go trading Guys


This is a 38T/contract trade taken 2 min ago.

Publish you all banking information publicly and I wire you half of that but you need to show me proff that your are in a financial needs lol




And by the way I should have kept it...(I mean the short)

R.I.P. Olivier Terrier (aka "Okina"), 1969-2016.
Please visit this thread for more information.
Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #50 (permalink)
 FABRICATORX 
San Tan Valley, AZ/USA
 
Experience: Advanced
Platform: NT7
Broker: IB, Tallinex, & 10 others.
Trading: Futures
 
FABRICATORX's Avatar
 
Posts: 195 since Jun 2013
Thanks: 697 given, 164 received

This morning's NQ trade:


Now get back to work

-Jimmy
Reply With Quote
The following 5 users say Thank You to FABRICATORX for this post:
 
(login for full post details)
  #51 (permalink)
 trendisyourfriend 
Market Wizard
Quebec
 
Experience: Intermediate
Platform: NinjaTrader wt Rancho Dinero's profiling tools
Broker: AMP/CQG
Trading: ES, NQ, YM
 
trendisyourfriend's Avatar
 
Posts: 3,999 since Oct 2009
Thanks: 3,676 given, 5,161 received


FABRICATORX View Post
This morning's NQ trade:


Now get back to work

Not very convincing a realised P/L of 0

Reply With Quote
The following user says Thank You to trendisyourfriend for this post:
 
(login for full post details)
  #52 (permalink)
 FABRICATORX 
San Tan Valley, AZ/USA
 
Experience: Advanced
Platform: NT7
Broker: IB, Tallinex, & 10 others.
Trading: Futures
 
FABRICATORX's Avatar
 
Posts: 195 since Jun 2013
Thanks: 697 given, 164 received


trendisyourfriend View Post
Not very convincing a realised P/L of 0

LOL Didn't even notice that!

NinjaTrader being buggy as ever

-Jimmy
Reply With Quote
The following user says Thank You to FABRICATORX for this post:
 
(login for full post details)
  #53 (permalink)
 lsubeano 
hollywood
 
Experience: Intermediate
Platform: thinkorswim
Broker: TD
Trading: futures
 
lsubeano's Avatar
 
Posts: 213 since Jun 2010
Thanks: 65 given, 165 received

i've never seen first hand but from a reliable person told me a guy from a fund he worked at aims for 40 to 60c scalps several times a day.....and if anyone remebers le private banker, his old blog is prob still up and his results are similar....120tics in in cl a day

i wish al brooks would answer this

i know al mentioned he suspects some traders making 10points a day in ES

Follow me on Twitter Reply With Quote
The following user says Thank You to lsubeano for this post:
 
(login for full post details)
  #54 (permalink)
thailerdurden
san antonio, tex
 
 
Posts: 79 since Nov 2014
Thanks: 17 given, 31 received

200 tics a month? sure! no problem!

https://docs.google.com/spreadsheets/d/1TqSXssIcvBXkrpe9ynRl5eXjv8xorVyqi5-Kh60o2tU/edit

or go to cfrn.net click on see live trading results, which takes you to another page, click on see live trading results again, which takes you to the spread sheet.

You can even watch him trade! He uses a 4 tick range chart, and buys at the bar's close if it closes 4 ticks above bar's open. First you confirm the trade with his magical indicators/ oscillators (suggested price $6000) , and buy when the bar closes at the extreme top of the bar.

Try to see his trade log using DT Pro, which shows the time and price of the trades, and "how dare you!!"

Or you can buy my magical oscillator (just $999.95) with which if you buy when the price will be higher in the future, you are guaranteed to be profitable without limit. And with the $999.95 purchase, I will throw in the other magical oscillator that is 100% profitable if you sell if the price is lower in the future for $495.95 more!

This offer is a saving of 75% if you act now. Operators are standing by.

Reply With Quote
 
(login for full post details)
  #55 (permalink)
 Tymbeline 
Leeds UK
 
Experience: Intermediate
Platform: TradingView
Broker: LCG, Oanda
Trading: ES, 6E, Cable
 
Tymbeline's Avatar
 
Posts: 474 since Apr 2015
Thanks: 1,254 given, 657 received


Tymbeline View Post
"Ticks per month" isn't a metric I've previously encountered, but it seems a perfectly legitimate one. Anyway, there are clearly many members here averaging 10+ ticks per trading day on ES and/or NQ and/or YM.


IQOption View Post
"Ticks every month" isn't a metric I've beforehand experienced, however it appears an impeccably honest to goodness one. Anyway, there are unmistakably numerous individuals here averaging 10+ ticks for each exchanging day on ES and/or NQ and/or YM.


There's really no need to put my post (#4, above) in and out of translating or thesauraus software: it was fine as it was, thanks.

Reply With Quote
The following user says Thank You to Tymbeline for this post:
 
(login for full post details)
  #56 (permalink)
 xplorer 
Site Moderator
London UK
 
Experience: Beginner
Platform: CQG
Broker: S5
Trading: Futures
 
xplorer's Avatar
 
Posts: 5,359 since Sep 2015
Thanks: 13,505 given, 12,982 received


Tymbeline View Post
There's really no need to put my post (#4, above) in and out of translating or thesauraus software: it was fine as it was, thanks.

The return of Marc Abell the plagiarizer!

Reply With Quote
The following user says Thank You to xplorer for this post:
 
(login for full post details)
  #57 (permalink)
 tradethetick 
Irvine, CA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Adv/TT
Trading: CL, GC, TF
 
tradethetick's Avatar
 
Posts: 416 since Oct 2011
Thanks: 42 given, 373 received

I took about a week off from the blog to see what would show up. Sadly, there is still no proof. And just for clarification, +200 ticks is per 1 lot. It is easy to trade 100 lot and make +200 ticks overall. But if we are talking 100 lots then it should be +20,000 ticks per month. I was trying to keep it simple but it looks like it caused some confusion. I hope this clarifies that.

I appreciate all your explanations as to why no one will show proof. However, the thread was asking if anyone would show proof that they can make +200 ticks per 1 lot per month consistently. Sadly, there have been none.

I am not a troll. And I am genuinely interested in seeing proof.

Started this thread Reply With Quote
The following user says Thank You to tradethetick for this post:
 
(login for full post details)
  #58 (permalink)
 xplorer 
Site Moderator
London UK
 
Experience: Beginner
Platform: CQG
Broker: S5
Trading: Futures
 
xplorer's Avatar
 
Posts: 5,359 since Sep 2015
Thanks: 13,505 given, 12,982 received


tradethetick View Post
I took about a week off from the blog to see what would show up. Sadly, there is still no proof. And just for clarification, +200 ticks is per 1 lot. It is easy to trade 100 lot and make +200 ticks overall. But if we are talking 100 lots then it should be +20,000 ticks per month. I was trying to keep it simple but it looks like it caused some confusion. I hope this clarifies that.

I appreciate all your explanations as to why no one will show proof. However, the thread was asking if anyone would show proof that they can make +200 ticks per 1 lot per month consistently. Sadly, there have been none.

I am not a troll. And I am genuinely interested in seeing proof.

I was genuinely interested in knowing how much my ex-boss earned, but that didn't mean that he told me. Nobody will have any incentive to tell you unless they want to sell you something.

Reply With Quote
The following 2 users say Thank You to xplorer for this post:
 
(login for full post details)
  #59 (permalink)
 tradethetick 
Irvine, CA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Adv/TT
Trading: CL, GC, TF
 
tradethetick's Avatar
 
Posts: 416 since Oct 2011
Thanks: 42 given, 373 received


xplorer View Post
I was genuinely interested in knowing how much my ex-boss earned, but that didn't mean that he told me. Nobody will have any incentive to tell you unless they want to sell you something.

Even the sellers won't show...

Started this thread Reply With Quote
 
(login for full post details)
  #60 (permalink)
bbgg91
melbourne, australia
 
 
Posts: 26 since Mar 2016
Thanks: 2 given, 42 received

I posted 2 weeks of my live trading results which clearly showed around 200 ticks (points) in 2 weeks. I am not sure that you understand the difference between trade size and ticks (points) gained. 200 ticks (points) is just that regardless of trade (contract/position) size. I clearly demonstrated I gained around 200 ticks (points) with time stamps on each and ever trade that you can go to a chart and verify. I took time to do this to try and help you but you seemed to have ignored it hence I suspect you are just trolling. If that is the case please stop wasting our time.

Reply With Quote
The following 2 users say Thank You to bbgg91 for this post:
 
(login for full post details)
  #61 (permalink)
 xplorer 
Site Moderator
London UK
 
Experience: Beginner
Platform: CQG
Broker: S5
Trading: Futures
 
xplorer's Avatar
 
Posts: 5,359 since Sep 2015
Thanks: 13,505 given, 12,982 received


tradethetick View Post
Even the sellers won't show...

And doesn't that tell you something....

Reply With Quote
The following 2 users say Thank You to xplorer for this post:
 
(login for full post details)
  #62 (permalink)
 Tap In 
Bend, OR
 
Experience: Intermediate
Platform: Sierra Charts
Broker: Global Futures/OEC
Trading: NQ, CL
 
Tap In's Avatar
 
Posts: 948 since Feb 2013
Thanks: 2,162 given, 2,061 received

I am not completely unsympathetic to the OP's general point. I am not sure why the subject of the lack of transparency among successful traders is so controversial. There does seem to be an inverse relationship between success and transparency. On FIO, those most incline to show their full P&L seem to be the ones struggling the most. I'm not saying that people are fibbing (though I am sure there is some of that). I tend to believe most folks and also believe 200 ticks a month very doable. But surely there are reasons for the secrecy (some having been mentioned already), and the reasons could be perfectly legitimate. Why cant it be discussed? Seems a perfectly reasonable topic on a trading forum. More so than, "Grill the perfect burger", or, "So who here likes guns?" (as diversions, these topics are perfectly fine as well).

I would offer my own reasons, but having never averaged 200 ticks/month/contract I have nothing to add. Hopefully this will happen some day, and when it does it will be fully documented, just like my struggles have been on my journal to this point. Maybe then I will learn why the secrecy.

Reply With Quote
The following 2 users say Thank You to Tap In for this post:
 
(login for full post details)
  #63 (permalink)
 GFIs1 
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
Platform: Investor/RT
Broker: IB / DTN
Trading: Futures
 
Posts: 5,420 since Feb 2012
Thanks: 5,306 given, 11,329 received


Tap In View Post
I am not sure why the subject of the lack of transparency among successful traders is so controversial.

Hmmm....
If reading the thread from the first post to here:
Then you have been told of some journals that offer trades announced before taken with direction, entry, SL, exit.
Realtime.
And you can follow how the trade develops. You can follow all on your chart - and you see if the OP is
making points, ticks, money, $, € or whatever you like to see in his or eventually your own pocket too.
Thus is it really necessary to show in a P&L how many contracts the OP is handling to believe what traders
do here? There is no one paid for such service.
Just follow those realtime journals and get the *main* idea about it with one contract - and make your own calculations.

Now I am ready to leave this thread

GFIs1

Thanks for your non understanding

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to GFIs1 for this post:
 
(login for full post details)
  #64 (permalink)
 Blash 
Market Chamois
Chicago, IL
 
Experience: None
Platform: NT8,NT7,TWS
Broker: InteractiveBrokers, S5T, IQFeed
Trading: The one I'm creating in the present....Index Futures mini/micro, ZF
 
Blash's Avatar
 
Posts: 2,285 since Nov 2011
Thanks: 7,247 given, 4,436 received


tradethetick View Post
I took about a week off from the blog to see what would show up. Sadly, there is still no proof. And just for clarification, +200 ticks is per 1 lot. It is easy to trade 100 lot and make +200 ticks overall. But if we are talking 100 lots then it should be +20,000 ticks per month. I was trying to keep it simple but it looks like it caused some confusion. I hope this clarifies that.

I appreciate all your explanations as to why no one will show proof. However, the thread was asking if anyone would show proof that they can make +200 ticks per 1 lot per month consistently. Sadly, there have been none.

I am not a troll. And I am genuinely interested in seeing proof.

I'm sorry but it is not easy to trade a 100 lot on ES. I know the way it is being said here in regards to making 200 ticks on a 2 tick winner with an ES 100 lot but any way you cut it, it's not easy, and to say it is speaks to ones lack of development in this trading endeavor. In fact, this entire thread speaks to that.

I am nowhere ready to trade a 100 lot on ES. And even if I was I can't my account is to small IB won't let the order route to the CME. I tried. Best I could do was a 92 lot.....



The psychological impact on a 100 lot on ES of each tick being $1250.00 is tremendous. It is by no stretch of the imagination easy. I think for many in this trading game it is routine but that does not mean it's easy.

Ron

...My calamity is My providence, outwardly it is fire and vengeance, but inwardly it is light and mercy...
The steed of this Valley is pain; and if there be no pain this journey will never end.
Buy Low And Sell High (read left to right or right to left....lol)
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following 6 users say Thank You to Blash for this post:
 
(login for full post details)
  #65 (permalink)
 MacroNinja 
Buenos Aires Argentina
 
Experience: Advanced
Platform: NT, MT4, Sierra
Trading: S&P, Bonds, Crude, FX
 
Posts: 250 since Sep 2014
Thanks: 37 given, 245 received


tradethetick View Post
I took about a week off from the blog to see what would show up. Sadly, there is still no proof. And just for clarification, +200 ticks is per 1 lot. It is easy to trade 100 lot and make +200 ticks overall. But if we are talking 100 lots then it should be +20,000 ticks per month. I was trying to keep it simple but it looks like it caused some confusion. I hope this clarifies that.

I appreciate all your explanations as to why no one will show proof. However, the thread was asking if anyone would show proof that they can make +200 ticks per 1 lot per month consistently. Sadly, there have been none.

I am not a troll. And I am genuinely interested in seeing proof.

Any one able to trade that consistently is not going to trade a 1 lot average size per trade on the ES, it's not worth their time. They'll probably be trading a 5, 10, or 50 lot, so ironically someone making 2,000 ticks is probably excluded from your sample size because of your new constraints.

Regardless, if you want someone to "bite" to disclose performance statements, please see my previous post. If you can meet the requirements, I'll make the introductions. Or as previously suggested, let's just all admit that either the proof won't exist or it's simply not possible, so let's all go back to being productive and losing money.

Reply With Quote
The following 2 users say Thank You to MacroNinja for this post:
 
(login for full post details)
  #66 (permalink)
Hickock
Escondido
 
 
Posts: 69 since Nov 2015
Thanks: 17 given, 87 received

If you are doing random entries on retracements , fading using volume profile, or using some indicator, 200 ticks may seem like a huge deal.

However, if you know what you are doing you can get 15-50 points on the NQ in a single day. February and March you could get 2-3 20 point trades off and in the bag before East Coast lunch time. The last two months have been tougher, you either better catch the one clean move of the day or learn to trade/enter the overnight.

The hardest part about sizing up is being able to take a full stop on 2-3, or more contracts and re-enter if the original premise was correct, but you were early.

Reply With Quote
The following 2 users say Thank You to Hickock for this post:
 
(login for full post details)
  #67 (permalink)
 traderTX 
pittsburgh, pa
 
Experience: Intermediate
Platform: Ninjatrader, ensign, wave59
Broker: IB , AMP/ cqg
Trading: ES, CL
 
traderTX's Avatar
 
Posts: 152 since Mar 2010
Thanks: 52 given, 47 received

i assume that is what the man is asking for ? is anyone making 200 pnts per contract per month.
it would be more likely to do on the ym than the es, because the ym moves more points in a day.
if you have 20 trading days in a month. that would be 10 pnts a day.
i would like to know if there are people who can do 10 pnts a day consistantly per contract too.
i would think so.
Buffy never even mentioned what she could make in pnts during a simtrading session.

i am always surprised at why people keep there trading such a secret. it is a subject no one talks about.

i think there should be a friendly competition and then publish each contestants results, and give the winner an opportunity to do a class on their strategy and technique. do it about once a month and vary the rules, maybe just hold it for an hour and half on friday afternoon, or tuesday evening. somthing that someone alot more savy with creating websites and programs could do. i am not that savy with that type of stuff.

Trade what you see, not what you think.

"The better the mechanic, the fewer the tools"

"Futures Trading is risky and can cause substantial financial gain"
Reply With Quote
 
(login for full post details)
  #68 (permalink)
Hickock
Escondido
 
 
Posts: 69 since Nov 2015
Thanks: 17 given, 87 received


traderTX View Post

i am always surprised at why people keep there trading such a secret. it is a subject no one talks about.

In some cases, it's because their method may take a good 2-3 years to really internalize and trade properly.

Add to that, if you share your method in a forum like this, you run the risk of a bunch of people that know less than nothing telling you why it won't work or that you are doing it wrong.

Zero upside

Reply With Quote
The following 2 users say Thank You to Hickock for this post:
 
(login for full post details)
  #69 (permalink)
 traderwerks 
Taipei Taiwan
 
Experience: Advanced
Platform: NinjaTrader
Broker: AMP Clearing
Trading: TW
 
Posts: 693 since Jun 2009
Thanks: 434 given, 464 received


traderTX View Post
i am always surprised at why people keep there trading such a secret. it is a subject no one talks about.

i think there should be a friendly competition and then publish each contestants results, and give the winner an opportunity to do a class on their strategy and technique. do it about once a month and vary the rules, maybe just hold it for an hour and half on friday afternoon, or tuesday evening. somthing that someone alot more savy with creating websites and programs could do. i am not that savy with that type of stuff.

Trading is not a secret, just that no one has a reason to tell YOU. What real upside is in it for someone to enter a competition? Not much.

Math. A gateway drug to reality.
Reply With Quote
The following 2 users say Thank You to traderwerks for this post:
 
(login for full post details)
  #70 (permalink)
 traderTX 
pittsburgh, pa
 
Experience: Intermediate
Platform: Ninjatrader, ensign, wave59
Broker: IB , AMP/ cqg
Trading: ES, CL
 
traderTX's Avatar
 
Posts: 152 since Mar 2010
Thanks: 52 given, 47 received


Hickock View Post
In some cases, it's because their method may take a good 2-3 years to really internalize and trade properly.

Add to that, if you share your method in a forum like this, you run the risk of a bunch of people that know less than nothing telling you why it won't work or that you are doing it wrong.

Zero upside

I dont think that is why people dont share their method, i think it is to avoid criticism or they feel it is proprietary.
and i was referring to why people dont say how many points they make on a particular day and not what their strategy is.
and there are trading competitions, but i dont know why people wont enter. i think it is a good tool to let a trader know where they stand atleast in a certain cross section of traders.

Trade what you see, not what you think.

"The better the mechanic, the fewer the tools"

"Futures Trading is risky and can cause substantial financial gain"
Reply With Quote
 
(login for full post details)
  #71 (permalink)
 traderTX 
pittsburgh, pa
 
Experience: Intermediate
Platform: Ninjatrader, ensign, wave59
Broker: IB , AMP/ cqg
Trading: ES, CL
 
traderTX's Avatar
 
Posts: 152 since Mar 2010
Thanks: 52 given, 47 received


traderwerks View Post
Trading is not a secret, just that no one has a reason to tell YOU. What real upside is in it for someone to enter a competition? Not much.

Trading isnt a secret, but the points people make is. i dont see any reason to hide their ability. i am a skeptic, we know that over 90 percent of the traders go broke. the main reason is you might not be as good as you want people to think.

Trade what you see, not what you think.

"The better the mechanic, the fewer the tools"

"Futures Trading is risky and can cause substantial financial gain"
Reply With Quote
 
(login for full post details)
  #72 (permalink)
Hickock
Escondido
 
 
Posts: 69 since Nov 2015
Thanks: 17 given, 87 received

Well, I have some people that are friends that trade the same instruments. We talk on skype and show live trades , live P&L and recaps. However, I respect their trading ability and we share the same basic methods. We know how each of us trades and can offer honest feedback to each other.

My average trade on the NQ is 10-50 points. You're not going to get that everyday, but the lower number is reasonably easy to get each day if you know what you are doing.

Can't get the same on a message board.

Reply With Quote
 
(login for full post details)
  #73 (permalink)
Hickock
Escondido
 
 
Posts: 69 since Nov 2015
Thanks: 17 given, 87 received


traderTX View Post
Trading isnt a secret, but the points people make is. i dont see any reason to hide their ability. i am a skeptic, we know that over 90 percent of the traders go broke. the main reason is you might not be as good as you want people to think.

Same old argument. You can't see how to do it, so it can't be done.

Your negative, skeptical thoughts will limit your ability to learn.

And BTW...people are under zero obligation to prove anything to you, unless they are a CTA/CPO and asking you to invest in their trading program.

You might as well try to get a gallon of milk from a bull.

Reply With Quote
The following 3 users say Thank You to Hickock for this post:


futures io Trading Community Traders Hideout Emini and Emicro Index > 200 ticks per month ES, NQ, YM


Last Updated on May 22, 2016


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
 

Journal Challenge w/$1,800 in prizes!

April

An Introduction to CME Group Micro Bitcoin Futures w/David Lerman

Elite only
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada), info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts