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It is not so much a question of can this be done.
It is a question of can you endure exiting winners and stopping out the losers.
Taking one or two points from the ES seems easy to sim traders.
ES or any other market seldom gives you smooth easy trades.
When you first enter a trade, you must take the opposite side of the market.
That means you are automatically negative if you sold immediately.
If the market moves in your direction you could be quickly profitable but usually only a tick or two.
Before you get 4 ticks of profit, you probably sat through a drawdown of 1 - 6 ticks or more.
If it continues against your trade when do you get out?
If you use 1:1 profit/loss the market will eat your up.
Suppose your first trade is 20 contracts and your target is 1 point ES.
If the trade works you will profit about $900.
BUT if it goes 1 point against you and you get out losing 4 ticks (unlikely you will) your loss will be over $1000.
How many of those in a row can you stand?
You have not indicated you have an edge, so you probably don't have one.
All you can see right now is $$ and how much you can make.
What you should be thinking is how much can you lose.
Without an edge that gives you consistent profits and low drawdowns you will blow the account.
Then what?
I'm attaching a spreadsheet I used a few years back (for other purposes) but you can see how much you can make and how much you can lose.
You can even track your trading with the spreadsheet.
I offer NO SUPPORT or guarantees of it's accuracy so don't depend on it, it is only for illustration purposes.
I also have included a post from early in this thread that pretty much sums it up.
You will be generating profits for your broker but now much for yourself.
Anyone who trades everyday and says they had 2 or 3 losing days in a year (as if they wouldn't know if it is 2 or 3) is obviously full of shit.
That equity curve would look even more ridiculous than Bernie Madoff. This type of activity and the money involved attracts so many psychos and crazy people that it just doesn't matter what anyone else says they can do IMO.
If you want to try to profit 2 points a day from ES then you have to figure it out for yourself and go for it.
My trades personally don't come on such a regular predictable basis.
My approach have always been to take every valid signal as per my back-tested methodology. Typically, this mean a 1,5-3,0 point stop and a profit target between 2,5-10,0 points.
If I were to try this other approach instead - I would want to execute only one trade per day to achieve this.
