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$5,000,000 account earning $3000 to $5,000 daily. is it possible?
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$5,000,000 account earning $3000 to $5,000 daily. is it possible?

  #151 (permalink)
Banned: Disposable email addresses are not permitted
Glendale, WI
 
Futures Experience: Intermediate
Platform: TWS
Favorite Futures: ES, ZN, ZC, ZF
 
Posts: 20 since Oct 2011
Thanks: 9 given, 1 received

If you can't make 0.1% a day (averaged) you probably should not be trading in the first place. (unless you are doing that with a few hundred million).

For a lot of arb you might need more than 5M to get the daily dollar return you are looking for. I would not recommend arb for you. You probably do not have the capital, leverage, or computer skills necessary to do it effectively. I mean that in the least offensive way possible.

To be clear you are asking for a "zero risk" return of 24% annually with arb and ~5M capital. That is insane. You can do that with arb but you need to be extremely leveraged (or capitalized for the flat dollar amount) and have some damn good coding ability. You also need collocation at all the exchanges you would arb at. You need to do much more homework...

If you still want to try arb, start with this.
http://www.interactivebrokers.com/en/p.php?f=daily_analysis&ib_entity=llc

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  #152 (permalink)
Elite Member
Nürnberg, Germany
 
Futures Experience: Intermediate
Platform: Ninja Trader
Broker/Data: IB/Kinetick
Favorite Futures: CL, YM
 
PowerM's Avatar
 
Posts: 110 since Jun 2010
Thanks: 156 given, 43 received

Hi

I didnt read all the answers related to your question, but from my point of view the simple answer is:
sure you can if you have a good setup.
There shouldnt be an important difference between making money by trading your own account with 50k or a 5M from my point of view (maybe you will get problems to get filled all your orders when entering the market with a lot of them ) .....



arbman1 View Post
Hello All-
First time poster. Here is a serious question, please post to the forum or send me a PM. If you were trying to earn $3000-$5000 per day with a $5,000,000 account, what would you trade and what methodology? Im interested in treating the account like I treated my business-No senseless risks, grind out profits consistantly. Thanks,
Jake


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  #153 (permalink)
SchoolingWallStreet
New York
 
Futures Experience: Advanced
Platform: ninjatrader, Metatrader
Broker/Data: Forex.com, Ameritrade
Favorite Futures: Equity, Forex ,EURGBP,EURCHF, USDCHF, EURUSD
 
Posts: 39 since Feb 2011
Thanks: 77 given, 64 received

Arbman1, Start Here


Hey Arbman1, a good place to start is with the post by Jeff Castille titled "All you need" posted on August 16, 2009. It is one of the few trading systems I have seen that has low risk and good potential. You really don't need to leverage that much money. You should be able to accomplish your goal with as little as 50k to 100k. The logistics of tracking that much money trading on a daily basis would be a nightmare. You would have to be in several dozen or more trades at the same time. You will need both a short term day trading plan and leverage the balance in a more long term or swing trading plan. Never trust a trading system without having the creator of the system post actual reults of their trades. If its a daytrading plan, they should be able, and proud, to show you the results of the last 5 days of trading. There are too many posers that will tell you in theory how to trade or paper trade and it won't live trade the same way. Indicators are fine, but understand that most are lagging indicators and will give you a buy or sell that happened on data from 2 or 3 bars back. Start on the post I mentioned above and develop a system that works for you. All you need to make is about 50 cents a day to achieve your goal with 50k. Take a little at a time 5 cents, 10 cents. at the end of the day you will be there.

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  #154 (permalink)
Trading for Fun
Los Angeles
 
Futures Experience: Advanced
Platform: x_trader
Favorite Futures: Stocks
 
ReaM's Avatar
 
Posts: 127 since Mar 2011
Thanks: 96 given, 95 received

I would strongly advise not to trade at all. Your question sounds like you have no idea about trading and you will most likely loose most of your money. Trading is a tough game and the most complicated thing I've done in my life.

So, if futures.io (formerly BMT) community answers YES to your question, you will trade and if NO, you won't? It really does sound like that.

By the way, 5k per day is more than possible. I trade with 100% risk per 168 ticks (168 ticks and I am wiped out). With your account I'd be making Jesus knows how much.

In the end, all that matters is if you can make money at all. Risk can be adjusted with lot size. If you can't make money in markets, then even low risk won't help you (5k per day on 5m account is low risk trading)

Be very careful about what you do or the market will take your money.
Good luck!


Last edited by ReaM; November 16th, 2011 at 06:19 PM.
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  #155 (permalink)
Elite Member
Germany
 
Futures Experience: Intermediate
Platform: Ninjatrader 7
Favorite Futures: Stocks
 
Posts: 78 since Apr 2011
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If you got $5M lying around, I think you'd be better off investing it in real-estate rather than trading. Buy an apartment complex and rent it out or something.

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  #156 (permalink)
SchoolingWallStreet
New York
 
Futures Experience: Advanced
Platform: ninjatrader, Metatrader
Broker/Data: Forex.com, Ameritrade
Favorite Futures: Equity, Forex ,EURGBP,EURCHF, USDCHF, EURUSD
 
Posts: 39 since Feb 2011
Thanks: 77 given, 64 received

I am absolutely stunned by the amount of people on this trading site telling this guy to avoid trading.

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  #157 (permalink)
Elite Member
Honolulu, Hawaii
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: ATC/TT, AMP/Zen-Fire, AMP/CQG
Favorite Futures: TF
 
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kevinhenjum View Post
I am absolutely stunned by the amount of people on this trading site telling this guy to avoid trading.

Why? Did you have an indicator to sell him? haha....

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  #158 (permalink)
Elite Member
desert CA
 
Futures Experience: Intermediate
Platform: NT7, TOS
Broker/Data: AMP/wCQG, TDA
Favorite Futures: CL,YM
 
Posts: 2,027 since Jul 2011
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Some ideas that just popped to my mind for 5mil capital and the 3k to 5k daily goal.

1) Learn to daytrade or scalp. 3k to 5k is doable with a $500k account. It's also doable with a $50k account but requires a much higher risk and high skill rate, sustained focus and high win rate.

2) If you don't mind bi-weekly % gains, there are some options strategies and schools out there for those with bigger accounts. And new strategies for weekly options. However the margin % can be much higher.
- www.libertytradinggroup.com (selling options on futures, they also take accounts for their fund)
A futures.io (formerly BMT) thread at: https://futures.io/commodities-futures-trading/12309-selling-options-futures.html

- www.sjoptions.com ("wider" options spreads, they teach and simulate options spreads on bigger account size)

Avoid: optionetics.com


Last edited by Cloudy; February 22nd, 2012 at 09:53 PM.
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