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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.
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 don’t 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.
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.
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.
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.
