$5,000,000 account earning $3000 to $5,000 daily. is it possible? - Traders Hideout | futures io social day trading
futures io futures trading


$5,000,000 account earning $3000 to $5,000 daily. is it possible?
Updated: Views / Replies:20,055 / 157
Created: by arbman1 Attachments:0

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
 
Thread Tools Search this Thread
 

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

  #31 (permalink)
Elite Member
Austin, TX
 
Futures Experience: Master
Platform: ninjatrader, r-trader
Favorite Futures: CL, NG, TF, NQ, YM, GC, ES
 
liquidcci's Avatar
 
Posts: 862 since Jun 2011
Thanks: 609 given, 1,051 received


wldman View Post
50:1, or higher for that kind of deposit it is like 2.5% per year....I think the ten year is around 2.2% but I guess nothing is a "lock"

Right about that there is no such thing as a lock. There are high and low probabilities but anomalies happen and things can change.

"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."
Reply With Quote
 
  #32 (permalink)
Trading Apprentice
Nashua New Hampshire
 
Futures Experience: Master
Platform: NinjaTrader, TradeStation
Broker/Data: optimusfutures.com, Optimus Futures
Favorite Futures: TF
 
tradetree's Avatar
 
Posts: 32 since Sep 2011
Thanks: 6 given, 26 received


furytrader View Post
The idea of generating $5K off a $5M account, day in, day out, averages out to be roughly 25% a year (assuming 252 trading days a year). There is no strategy that generates 25% a year that is a "lock".

True, but there are approaches that come awfully close to a lock for that little a gain. 25% a year is not very much for a well diversified portfolio. It has been said many times by the greatest traders, that if they were to publish a consistent and winning system on the front page of the Wall Street Journal, only already profitable traders would use it for profit.

The same is true when I read posts about how automated systems don't work. That is only because the client doesn't know how to qualify a system or read the statistics. There are good and bad systems, and it is possible to tell them apart. You need the following:
1) Have enough knowledge to qualify a system.
2) Stick to strict money management rules.
3) Stick to the rules of the system.

Take a look at Trading System Lab (I have absolutely no association). He is strictly mathematical and builds portfolios of instruments (ie Gold, Euro, S&P index) as well as portfolios of strategies. When you do this properly, you then transform the equity curve to near a straight line where there is little draw-down vs gain. If you then took just 1/10 th of your cash, lets say $500,000 then you could at least make 50% on that in one year. If you then kept growing just that account, very quickly you would achieve your goals without touching the other $4.5M. Put that aside in very secure bonds or treasuries. - Cash is king, you don't need a lot of cash for trading!

Good luck in finding your way. There are many sharks in the water, but with statistics and probabilities there is a way to cut through the mud.

Reply With Quote
The following 2 users say Thank You to tradetree for this post:
 
  #33 (permalink)
Elite Member
Austin, TX
 
Futures Experience: Master
Platform: ninjatrader, r-trader
Favorite Futures: CL, NG, TF, NQ, YM, GC, ES
 
liquidcci's Avatar
 
Posts: 862 since Jun 2011
Thanks: 609 given, 1,051 received



tradetree View Post
True, but there are approaches that come awfully close to a lock for that little a gain. 25% a year is not very much for a well diversified portfolio. It has been said many times by the greatest traders, that if they were to publish a consistent and winning system on the front page of the Wall Street Journal, only already profitable traders would use it for profit.

The same is true when I read posts about how automated systems don't work. That is only because the client doesn't know how to qualify a system or read the statistics. There are good and bad systems, and it is possible to tell them apart. You need the following:
1) Have enough knowledge to qualify a system.
2) Stick to strict money management rules.
3) Stick to the rules of the system.

Take a look at Trading System Lab (I have absolutely no association). He is strictly mathematical and builds portfolios of instruments (ie Gold, Euro, S&P index) as well as portfolios of strategies. When you do this properly, you then transform the equity curve to near a straight line where there is little draw-down vs gain. If you then took just 1/10 th of your cash, lets say $500,000 then you could at least make 50% on that in one year. If you then kept growing just that account, very quickly you would achieve your goals without touching the other $4.5M. Put that aside in very secure bonds or treasuries. - Cash is king, you don't need a lot of cash for trading!

Good luck in finding your way. There are many sharks in the water, but with statistics and probabilities there is a way to cut through the mud.

I would agree 25% is not that difficult but not a lock.

"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."
Reply With Quote
 
  #34 (permalink)
Elite Member
Chicago, IL USA
 
Futures Experience: Intermediate
Platform: MultiCharts + CTS T4
Broker/Data: Advantage Futures, IQFeed.net
Favorite Futures: YM, ES, EU, US, S
 
furytrader's Avatar
 
Posts: 153 since Jun 2011
Thanks: 109 given, 144 received

Good luck!

25% "is not that difficult" ... hmmm ... okay, well, I'll be looking forward to seeing your hedge fund knock the socks off of 95% of the professional money managers out there. Good luck!

Reply With Quote
 
  #35 (permalink)
Trading Apprentice
Nashua New Hampshire
 
Futures Experience: Master
Platform: NinjaTrader, TradeStation
Broker/Data: optimusfutures.com, Optimus Futures
Favorite Futures: TF
 
tradetree's Avatar
 
Posts: 32 since Sep 2011
Thanks: 6 given, 26 received


liquidcci View Post
I would agree 25% is not that difficult but not a lock.

No question, but driving to work every day is not a guarantee of making it there alive. There are no guarantees in life, even US Treasuries are not guaranteed investments. But what on earth is safer? It is all in the ratios of risk vs. return. If you want to risk 1/10th of your assets you can do so with very high likely-hood of high returns. In that case your risk is 1/10th of all your assets in order to make 1/20th of all your assets in profit. If you compound that, the risk goes lower and lower as you trade profits and leave the original capital on the side. That is as close to a lock as I can see.

Reply With Quote
 
  #36 (permalink)
Elite Member
Austin, TX
 
Futures Experience: Master
Platform: ninjatrader, r-trader
Favorite Futures: CL, NG, TF, NQ, YM, GC, ES
 
liquidcci's Avatar
 
Posts: 862 since Jun 2011
Thanks: 609 given, 1,051 received


furytrader View Post
25% "is not that difficult" ... hmmm ... okay, well, I'll be looking forward to seeing your hedge fund knock the socks off of 95% of the professional money managers out there. Good luck!

furytrader the right strategy that allows you to scale can easily produce excellent returns. Geometric account growth is an amazing thing. 25% is not that difficult. In fact if I could not get more than 25% I would do something else. The money managers trade so much size it is a different game. They can't employ many of the same types of strategies the small guys use to produce returns. So what I do would not translate into the money manager world. Really doing what most of us do compared to the big funds is like comparing Apples to Oranges. The ball they have to roll up hill to get returns is just so big.

There is a point in every strategy where the size can get so big that it begins to diminish returns on a percentage basis. I have not hit that point yet.

"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."

Last edited by liquidcci; September 12th, 2011 at 03:57 PM.
Reply With Quote
The following user says Thank You to liquidcci for this post:
 
  #37 (permalink)
Trading Apprentice
Nashua New Hampshire
 
Futures Experience: Master
Platform: NinjaTrader, TradeStation
Broker/Data: optimusfutures.com, Optimus Futures
Favorite Futures: TF
 
tradetree's Avatar
 
Posts: 32 since Sep 2011
Thanks: 6 given, 26 received


liquidcci View Post

There is a point in very strategy where the size can get so big that it begins to diminish returns on a percentage basis. I have not hit that point yet.

Well said! I doubt we would be on this forum if we had hit that size. We would be starting a non-profit for philanthropic purposes!

Reply With Quote
 
  #38 (permalink)
Elite Member
Austin, TX
 
Futures Experience: Master
Platform: ninjatrader, r-trader
Favorite Futures: CL, NG, TF, NQ, YM, GC, ES
 
liquidcci's Avatar
 
Posts: 862 since Jun 2011
Thanks: 609 given, 1,051 received


tradetree View Post
Well said! I doubt we would be on this forum if we had hit that size. We would be starting a non-profit for philanthropic purposes!

That is for sure.

"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."
Reply With Quote
 
  #39 (permalink)
Elite Member
Honolulu, Hawaii
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: ATC/TT, AMP/Zen-Fire, AMP/CQG
Favorite Futures: TF
 
bluemele's Avatar
 
Posts: 2,547 since Jun 2010
Thanks: 3,806 given, 2,826 received


tradetree View Post
Well said! I doubt we would be on this forum if we had hit that size. We would be starting a non-profit for philanthropic purposes!

Or, filing bankruptcy.

Reply With Quote
The following user says Thank You to bluemele for this post:
 
  #40 (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
Thanks: 2,211 given, 1,551 received


Regards to original post. arbman1, if you had that much capital to start with, maybe look into conservative option spreads strategies. Tiberius has a trade journal with some option spread trades sometimes. I have my own too, paper only, but I'm still learning with lots of stumbles. Also, check out the "selling options on futures" thread. And this website. Managed Stock Option Selling with Option Trading Strategies They run a 25 million fund. And entirely run their fund on selling options on futures and they only use maybe a third to half of the total fund.


Last edited by Cloudy; September 13th, 2011 at 02:00 AM.
Reply With Quote

Reply



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

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
way to increase wireless capacity by a factor of 1,000 cory Off-Topic 1 July 30th, 2011 09:42 AM
Blonde crashes her £250,000 Bentley kbit Off-Topic 1 July 27th, 2011 04:36 PM
not enough series length - set at 100,000 crbucks MultiCharts 1 May 7th, 2011 03:11 AM
Congratulations to MWinfrey on over 1,000 Thanks Big Mike Off-Topic 2 March 1st, 2011 11:06 AM
Trading small (sub $10,000) accounts Twiddle Traders Hideout 25 August 27th, 2010 12:21 AM


All times are GMT -4. The time now is 01:47 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 2017-12-13 in 0.13 seconds with 39 queries on phoenix via your IP 54.92.201.232