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.
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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.
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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.
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Favorite Futures: all that move nicely, extend your horizons
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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.
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