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Is making money by trading FDAX that easy?
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Is making money by trading FDAX that easy?

  #1 (permalink)
Trading Apprentice
Quezon City, Philippines
 
Futures Experience: Beginner
Platform: NinjaTrader
Favorite Futures: FDAX
 
Posts: 1 since Aug 2017
Thanks: 4 given, 0 received

Is making money by trading FDAX that easy?

I am sim trading with NinjaTrader, and I make huge profits trading FDAX that it is almost to good to be true. I started with $1k sim account and i was able to grow it to $15k in just a week with 82% winning trades. Would that be possible in real life? Or the market feeds of simulation are unrealistic?

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  #2 (permalink)
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  #3 (permalink)
Market Wizard
Cleveland Ohio/United States
 
Futures Experience: Advanced
Platform: Tradestation
Broker/Data: various
Favorite Futures: futures
 
Posts: 2,347 since Jul 2012
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Markkjosh View Post
I am sim trading with NinjaTrader, and I make huge profits trading FDAX that it is almost to good to be true. I started with $1k sim account and i was able to grow it to $15k in just a week with 82% winning trades. Would that be possible in real life? Or the market feeds of simulation are unrealistic?

Take the word "almost" out of your post and you have your answer.

Figure out WHY you are getting those results, and you'll have learned a very valuable lesson...

If you have any questions please send me a Private Message or use the futures.io "Ask Me Anything" thread
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  #4 (permalink)
Elite Member
Dallas, TX USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: AMP Futures
Favorite Futures: ES GC CL
 
TraderTS's Avatar
 
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FDAX Day Trade Margin is $2500...


Markkjosh View Post
I am sim trading with NinjaTrader, and I make huge profits trading FDAX that it is almost to good to be true. I started with $1k sim account and i was able to grow it to $15k in just a week with 82% winning trades. Would that be possible in real life? Or the market feeds of simulation are unrealistic?

Yep, only in SIM because it is impossible in real life!
AMP Futures requires $2500 for FDAX Day Trade Margin and $25,000 for Maintenance Margin if holding it overnight.
I couldn't afford to trade FDAX but used its direction to trade ES from 2amEST German Open until 11:30amEST Close... in the past. Now, I only trade ES in premarket and after NYSE open with OFA-Auction Dashboard.

TraderTS

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  #5 (permalink)
Elite Member
knoxville tennessee usa
 
Futures Experience: Advanced
Platform: nijia trader
Broker/Data: A.M.P. I.Q. ....C.Q.G.
Favorite Futures: ym
 
Posts: 400 since Mar 2012
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there is no trading easy


Markkjosh View Post
I am sim trading with NinjaTrader, and I make huge profits trading FDAX that it is almost to good to be true. I started with $1k sim account and i was able to grow it to $15k in just a week with 82% winning trades. Would that be possible in real life? Or the market feeds of simulation are unrealistic?

sim is like play horse in a pick up basketball game . it is not as easy to make that shot when tired ,you have a hand in your face , and it is the game winning shot in a real game .if you miss it the game is over. your the goat. you feel real pain.

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  #6 (permalink)
Elite Member
Reading UK
 
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Favorite Futures: My 3 boys
 
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Markkjosh View Post
I am sim trading with NinjaTrader, and I make huge profits trading FDAX that it is almost to good to be true. I started with $1k sim account and i was able to grow it to $15k in just a week with 82% winning trades. Would that be possible in real life? Or the market feeds of simulation are unrealistic?

For real. Its easy bro, ignore the naysayers. Plug in with real money and watch the fireworks

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  #7 (permalink)
Elite Member
Stavanger, Norway
 
Futures Experience: Intermediate
Platform: NinjaTrader
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Favorite Futures: ES, CL, Bonds
 
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Markkjosh View Post
I am sim trading with NinjaTrader, and I make huge profits trading FDAX that it is almost to good to be true. I started with $1k sim account and i was able to grow it to $15k in just a week with 82% winning trades. Would that be possible in real life? Or the market feeds of simulation are unrealistic?

Most feeds/SIM are very realistic most of the time and if you achieve good results in sim you should in theory be able to perform the same on live as long as you dont shift your mindset and start doing things differently once real money is on the line. But 1 week worth of trading results is by no means a good indicator for how you'll perform the next year or five(which is what is important). Of course markets also cycle through different phases/behaviour so you may want to make sure you arent just getting lucky and you should ensure you have a sustainable trading method meaning you arent risking bankruptcy over a few trades. If you turn 1k into 15k in a week usually that would suggest some sort of huge risk tolerance which again means only a few "unlucky" trades will put you out of business.

1k is an unrealistic amount to start trading the FDAX and the lowest margins you'll find would probably be around $2500 per contract for intraday. Meaning if you want to "risk" 1k - then you have to start with at least $3500 in your account and even then the FDAX is probably the most dangerous futures to trade as it can move like nothing else. Great when thats in your favour which is a typical allure for new traders - but a real killer when it goes against you.

I would suggest trying to trade a 20k sim account for at least 3 months and closely review your performance before considering putting any real money on the line. Even then you should post all your performance stats and a few typical trades illustrating what kind of RR you are gunning for and get input from others here on the site. Win rate of 82% is potentially great but means nothing if you arent cutting losers and just getting lucky with reversals or even worse adding to losers.

In general, trading has a fantastic way of luring people in in the start because it looks too easy and good to be true - and for the vast majority thats exactly what it is and they go bust learning the lessons of the trade. A select few im sure get extremely lucky and profit, but those few id imagine are right up there with lottery winners

Be patient, research, trial and error, learn learn learn. Dont be in a hurry to lose money.. and best of luck!

"Hey! I've got 10 fresh apples to sell, any hungry buyers out here today?!" "Maybe! Just let me check my moving average and RSI!"
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  #8 (permalink)
Elite Member
Dallas, TX USA
 
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danielk View Post

In general, trading has a fantastic way of luring people in in the start because it looks too easy and good to be true - and for the vast majority thats exactly what it is and they go bust learning the lessons of the trade. A select few im sure get extremely lucky and profit, but those few id imagine are right up there with lottery winners

Be patient, research, trial and error, learn learn learn. Dont be in a hurry to lose money.. and best of luck!

Very good and truthful feedback!
Hey, I got a good laugh at your signature line about sales... very creative!

TraderTS

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  #9 (permalink)
Market Wizard
Switzerland
 
Futures Experience: Intermediate
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DAX is a beast...

Ask any Dax trader here trading it for a longer time - you will get the same answer.
Wanting to lose money in no time - just take the DAX!

If you are under capitalized - there is no cushion to stay in the game.

Still wanting to try? Then I recommend to get ALL PnL out of sight while
trading. Just concentrate on points and plan and not on flickering virtual gains or
losses. But in any case set a stop loss OUT of noise.

Good trades!
GFIs1

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  #10 (permalink)
Trading Apprentice
CONSTANTINE/ALGERIA (DZ)
 
Futures Experience: Advanced
Platform: ninjaTRADER ,
Broker/Data: RITHMIC,
Favorite Futures: CL, FGBL,FXSE,FDAX,YM
 
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Posts: 23 since Aug 2015
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It's been years since I trade the DAX, what I advise you and to be very careful if you had not a good strategy and a mind steel the Dax and a good player with the trader, everything and in head if you think you do not money ever you will make a coin of money a laws also psychological aspect of the trading sim and real se not the same context and not the same risk , if you had not a good strategy the DAX will you fair a misery it is very volatile and it moves enormously from the gain to the loss usually those who trade it are capitalizing but certain get there but not all: Becky:

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