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Intraday traders, how many trades do you make per day?


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Intraday traders, how many trades do you make per day?

  #11 (permalink)
 
UmBillyCord's Avatar
 UmBillyCord 
San Diego, California
 
Experience: Advanced
Platform: NinjaTrader, Multicharts
Broker: Optimus/Amp - CQG/Rithmic/IQ
Trading: NQ,TF,YM,CL,Options
Posts: 73 since Apr 2014


London Trader View Post
Theoretically, given a million monkeys on keyboards, at least one of them will discover DAX to be very profitable..

Love the British humor!

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  #12 (permalink)
 
Anagami's Avatar
 Anagami 
Bangkok, Thailand
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UmBillyCord View Post
Let me preface this by saying I only trade CL, TF and NQ.

It really depends on the day and how many instruments you are trading. In conditions like the last two months probably no more than 1-3 trades per instrument per day.



I love how this is thrown out there by some people. I know several "retail traders" that take $700-$2,000 per day on one contract. I would say that is a pretty good edge.

Just because the majority of the traders here don't do it, doesn't mean that it isn't being done consistently by many "retail" traders.

LOL I highly doubt that is the case long term, and wishful thinking won't make it so. Very sweet of you to believe so.

PS I also notice you don't mention days when they LOSE $700 to $2000. Typical selective perception.

You are never in the wrong place... but sometimes you are in the right place looking at things in the wrong way.
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  #13 (permalink)
 
UmBillyCord's Avatar
 UmBillyCord 
San Diego, California
 
Experience: Advanced
Platform: NinjaTrader, Multicharts
Broker: Optimus/Amp - CQG/Rithmic/IQ
Trading: NQ,TF,YM,CL,Options
Posts: 73 since Apr 2014



Anagami View Post
LOL I highly doubt that is the case long term, and wishful thinking won't make it so. Very sweet of you to believe so.

PS I also notice you don't mention days when they LOSE $700 to $2000. Typical selective perception.

You can LOL all you want and believe what you want...just because YOU CAN'T DO IT doesn't mean it can't be done.

The difference in your attitude and theirs is the reason why they make that money most days, not everyday, but 75% of the time.

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  #14 (permalink)
actor13
slovakia
 
Posts: 3 since Apr 2015
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I tried to make about 3, every day, but it is horrible when you have 120 € on your account. It goes very slowly

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  #15 (permalink)
sledmt
Kalispell montana
 
Posts: 158 since Jan 2015
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London Trader View Post
Talk about how many trades you make per day, and why..

Probably my earliest approach was to trade the high/low in trend channels, and this amounted to an inordinate number of small trades. Abandoning that, I moved to building positions (pyramiding) each time a new signal reinforces my belief, or scaling out of positions when signals do not reinforce my belief.

My trade count dropped from 100 per day, to about 5 on a good day. In days that do not offer a change in fundamentals, I can spend a lot of time not taking a position.

Do you suspect I am paying a high opportunity cost, or just keeping my money?

Curious, how do you even keep track of a 100 trades a day?

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  #16 (permalink)
winner40
Fort Smith, AR USA
 
Posts: 1 since Jul 2015
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New to paper money account trading Forex, but my guess is keeping your money. I know just trying to recover the spread to BE would keep me challenged at this point in newbie status. Thanks for the "situation presentation" with your question. Good trading to you.

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  #17 (permalink)
London Trader
London, UK
 
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sledmt View Post
Curious, how do you even keep track of a 100 trades a day?

They were small trades lasting less than 5 minutes. I thought naked DAX liked me..

I'm currently into one Calendar/Crack/Crush spread per day

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  #18 (permalink)
London Trader
London, UK
 
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Anagami View Post
... days when they LOSE $700 to $2000.

Maybe I should have asked how many lots do you trade per day?

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  #19 (permalink)
sledmt
Kalispell montana
 
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London Trader View Post
They were small trades lasting less than 5 minutes. I thought naked DAX liked me..

I'm currently into one Calendar/Crack/Crush spread per day

100 trades a day provide the broker with a lot of commission.

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  #20 (permalink)
 
Tymbeline's Avatar
 Tymbeline 
Leeds UK
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London Trader View Post
Theoretically, given a million monkeys on keyboards, at least one of them will discover DAX to be very profitable..

Theoretically, yes. But in practice, they're probably all still too busy trying to write "Hamlet" (a waste of time, in one sense, since Shakespeare has already written it, but what can you do?).

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