2 Points per day from ES?? - Emini Index Futures Trading | futures io social day trading
futures io futures trading


2 Points per day from ES??
Updated: Views / Replies:21,161 / 64
Created: by tammyd549 Attachments:3

Welcome to futures io.

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

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

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

Reply
 3  
 
Thread Tools Search this Thread
 

2 Points per day from ES??

  #11 (permalink)
 Vendor: www.traderwerks.com 
Taipei Taiwan
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Optimus
Favorite Futures: TW
 
Posts: 693 since Jun 2009
Thanks: 440 given, 440 received


tammyd549 View Post
Ok, I'm starting this thread in off topic because I'm asking this more for fun than really serious but, who here thinks it's either "easy" or "realistic" to squeeze 2 points per day from the ES (or equivalent from whatever market you are trading?)

If I could dream, I would love to be able to trade 10 contracts and pull 2 points per day away and be done by 10am each day.....

Or better yet, trade 20 contracts and only have to pick up 1 point.... Or 40 contracts and pull 1/2 point....

Whatdy'all think? Can it be done ? Am I a crazy newb?

Two points a day. You can only take from the market what the market gives you. Trying to pick a number that the market gives you is not going to work. Volatility is volatility and it changes all the time.

Reply With Quote
The following 2 users say Thank You to traderwerks for this post:
 
  #12 (permalink)
Market Wizard
virginia
 
Futures Experience: Intermediate
Platform: ninja
Favorite Futures: ES
 
cory's Avatar
 
Posts: 5,185 since Jun 2009
Thanks: 626 given, 6,253 received


tammyd549 View Post
Ok, I'm starting this thread in off topic because I'm asking this more for fun than really serious but, who here thinks it's either "easy" or "realistic" to squeeze 2 points per day from the ES (or equivalent from whatever market you are trading?)

If I could dream, I would love to be able to trade 10 contracts and pull 2 points per day away and be done by 10am each day.....

Or better yet, trade 20 contracts and only have to pick up 1 point.... Or 40 contracts and pull 1/2 point....

Whatdy'all think? Can it be done ? Am I a crazy newb?

we can start with some general rules
- 10m chart
- 4 bars between a-b trend line
- wait until bar close to make decision

Attached Thumbnails
2 Points per day from ES??-1.jpg   2 Points per day from ES??-2.jpg   2 Points per day from ES??-3.jpg  
Reply With Quote
 
  #13 (permalink)
Trading Apprentice
Unites States
 
Futures Experience: Intermediate
Platform: ninjatrader
Favorite Futures: ES
 
Posts: 35 since Sep 2010
Thanks: 10 given, 13 received


Is anyone here able to get 2 points a day in Sim or Live?

Reply With Quote
 
  #14 (permalink)
Elite Member
Denver, CO
 
Futures Experience: Beginner
Platform: NT
Broker/Data: Zen-
Favorite Futures: ES, CL
 
Posts: 74 since Jul 2009
Thanks: 108 given, 98 received


eminitrader View Post
Is anyone here able to get 2 points a day in Sim or Live?


No.

I sim traded the ES for 3 months with a goal of 2 pts per car per day. I was trading 1 car. I had a 53% win rate. But commissions killed my P&L.

My problem was I had a 1:1 R/R. I have revised my rules and now only take trades with 1:2 R/R. My setup is a 1st car with a 1:1.5 R/R and the 2nd car with a 1:2 R/R. There are less setups in a day, but I am doing much better. Still trading in sim, but should be going live soon.

Yes I think there are people who take 2 pts out of the ES everyday. However, I think the average Joe would be better off looking at S&R for entries and exits. If the S&R will allow for more then 2pts, then why not take it, you donít have to have a high win % to be profitable.

Being done by 10:00 AM would be nice, but I think you have to look at trading as a full time career. Some days will be easy (count your blessings) but most days will be a challenging.

Just my 2 cents.

Reply With Quote
The following 3 users say Thank You to lipton80205 for this post:
 
  #15 (permalink)
Elite Member
vancouver, canada
 
Futures Experience: Beginner
Platform: NinjaTrader 6.5 and ZF Webtrader
Broker/Data: Mirus/Zen
Favorite Futures: ES
 
Posts: 50 since Jul 2010
Thanks: 59 given, 51 received


eminitrader View Post
Is anyone here able to get 2 points a day in Sim or Live?


I have been on sim for the past 3 weeks and have averaged 2.04 points per day, trading between 1-5 contracts at a time on ES.

Just sim though.... real life will be much different, I can feel it....

I am hoping to go live in 2-3 weeks.

Reply With Quote
 
  #16 (permalink)
Elite Member
Toronto, Ontario
 
Futures Experience: Advanced
Platform: NinjaTrader, Multicharts
Broker/Data: IB, IQfeed
Favorite Futures: ES, CL
 
Snoop's Avatar
 
Posts: 203 since Oct 2009
Thanks: 135 given, 161 received

This is the problem with most Sim trading - you're first in line in the order book so you get filled much easier than in real life.

As to the question - it is definitely possible to make 2 pt per day consistently, BUT unrealistic. Most days I'll scratch out a gain or a small loss - all the time trying to protect capital. Then a nice trend day comes along and it makes my month. But if you are targeting a specific profit, you're likely to taking yourself out of winners. This is the curse of the unprofitable trader. Same issue with scalping - you train yourself to exit winners, maximize losers and generate some nice commission for your broker.


tammyd549 View Post
I have been on sim for the past 3 weeks and have averaged 2.04 points per day, trading between 1-5 contracts at a time on ES.

Just sim though.... real life will be much different, I can feel it....

I am hoping to go live in 2-3 weeks.


Reply With Quote
The following user says Thank You to Snoop for this post:
 
  #17 (permalink)
Elite Member
Germany / Italy
 
Futures Experience: Advanced
Platform: a few...
Favorite Futures: all that move nicely, extend your horizons
 
Posts: 66 since Nov 2009
Thanks: 45 given, 31 received

not a healthy question to start into consistency territory, the first thing everybody's interested today: what can you make? lol - quite all you ever need if and if you have the skills and edge: know which times / days to take off and also personally where you 'break' point is...hardest thing for me to learn was to simply walk away.

there are also better instruments to take 100$ per car and day.

Reply With Quote
The following user says Thank You to wavey for this post:
 
  #18 (permalink)
Elite Member
CA
 
Futures Experience: Beginner
Platform: MT4, Ninja Trader
Favorite Futures: EUR/USD
 
Posts: 495 since Oct 2009
Thanks: 400 given, 625 received

Do you have a trading plan?

Do you have a trading plan? Is this why you are asking the question so you can set target expectations? Do you work on your loss expectations in your trading plan also?

Professional traders don't think, "Look how much I could have made in that trade." They think, "Look how much I could have lost." Capital preservation is key to us retail traders.

Reply With Quote
 
  #19 (permalink)
Trading Apprentice
Atlanta
 
Futures Experience: Beginner
Platform: NinjaTrader
 
Posts: 2 since Sep 2010
Thanks: 0 given, 4 received

Focus on the game, not the goal

1. Protect your principal

2. Trade to trade well

If you do these two things, the money will come.

Focus on the execution, not the end result.

Reply With Quote
The following 2 users say Thank You to stevo7 for this post:
 
  #20 (permalink)
Membership Revoked
 
Futures Experience: Beginner
 
Posts: 1,081 since May 2010
Thanks: 2,092 given, 595 received


My goal on the forex is 20pips a day. Once I reach this I'm done trading. 2 standard contracts trades.

Reply With Quote

Reply



futures io > > > > 2 Points per day from ES??

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

FuturesTrader71: TBA

Elite only

Al Brooks: TBA

Elite only

Jigsaw Trading: TBA

Oct 19

RandBots: TBA

Oct 24
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
My ES Scalping Strategy, 2+ pts/day jwdixon Emini Index Futures Trading 189 March 27th, 2017 07:05 PM
effect of gains and losses of previous day on next day tradersam Psychology and Money Management 2 May 18th, 2011 03:35 PM
8 points a week on the ES is all I need MktWiz Traders Hideout 8 April 19th, 2011 02:46 PM
I need tick file of one day of history of ES for testing Crassius NinjaTrader Programming 2 February 27th, 2011 07:22 PM
Calculate GAP (Close of Prior Day, Open of Current Day) bluemele NinjaTrader Programming 16 January 19th, 2011 09:19 PM


All times are GMT -4. The time now is 11:42 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, 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
Page generated 2017-09-24 in 0.13 seconds with 20 queries on phoenix via your IP 54.225.26.154