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Is anyone actually making money?


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Is anyone actually making money?

  #381 (permalink)
 R3LZX 
Houston, TX
 
Experience: Advanced
Platform: CQG IC
Broker: Phillip Capital
Trading: NQ, ZN, CL, ES, GC, NG, ZW
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@CannonTrading

thanks for sharing I am also a CQG IC user (only two years in) futures for many years and I really appreciate you showing the importance of the remove to neutral I am working on and trading several systems at the moment one of which has a very high remove to neutral but a not perfect percentage score. While I have talked to some at CQG who have been there many years (you know who I am talking about) this percentage score doesn't get a lot of attention because it is not near as important as the remove to neutral and of course the profit loss ratio. In other words you could have a trading system that is only at 50+% but the remove to neutral is so high its a very profitable system



here is an example of one that we are working on.

would really enjoy collaborating more with you if possible

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  #382 (permalink)
 
SMCJB's Avatar
 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
Platform: TT and Stellar
Broker: Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
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Billiwon View Post
I see Kevin Davey's name on the champion trader list. So it must be real. Thanks.

In case you don't know, Kevin Davey = @kevinkdog

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  #383 (permalink)
 
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 CannonTrading   is a Vendor
 
Posts: 216 since Mar 2013
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More than happy to!
PM or email would probably be best, but happy to collaborate.

PM with any questions about Cannon Trading (800) 454-9572 (310) 859-9572. Trading commodity futures, forex and options involves substantial risk of loss. The recommendations contained in this post are of opinion only and do not guarantee any profits. These are risky markets and only risk capital should be used. Past performance is not necessarily indicative of future results.
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  #384 (permalink)
 thw333333 
Jupiter Island, FL
 
Experience: Advanced
Platform: TOS
Broker: TOS
Posts: 37 since Jan 2015
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I can count on something north of $400k from futures trading and that does not include income from long-term positions in stocks or any other investments. Not sure if that is of any worth to your question, but I did enjoy reading this thread. I will not be showing statements, lol. I stop trading in mid June and then resume after Labor Day. My secret weapon (besides experience) is capitalization. My comfort zone is having a HUGE cushion. I trade daily at the open. Some days done in 5 minutes, some days nursing a drawdown till 10pm. I bought a vacation home on the south shore of Nova Scotia (and then Canada wouldn't let me in without vax, which I refused). I also have a home in S. Florida and one in Highlands, NC. Futures gave us the capital to go big in BTC in 2015, even though I was not nearly as consistent in my trading back then. Futures took me a LONG time to learn, but has been very good to me and my family. I love trading, but I would not love it if money were tight or I was trading to pay rent or something like that.

I cannot imagine trading on a mobile app. That would be impossible for me and very risky / foolish.

Biggest challenge: lower back pain from sitting too long.

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  #385 (permalink)
 vickisb 
Sarasota FL
 
Experience: Intermediate
Platform: Ninja Trader
Trading: ES
Posts: 59 since Feb 2017
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Great to know! At a high level, what kind of method or strategy do you use?


thw333333 View Post
I can count on something north of $400k from futures trading and that does not include income from long-term positions in stocks or any other investments. Not sure if that is of any worth to your question, but I did enjoy reading this thread. I will not be showing statements, lol. I stop trading in mid June and then resume after Labor Day. My secret weapon (besides experience) is capitalization. My comfort zone is having a HUGE cushion. I trade daily at the open. Some days done in 5 minutes, some days nursing a drawdown till 10pm. I bought a vacation home on the south shore of Nova Scotia (and then Canada wouldn't let me in without vax, which I refused). I also have a home in S. Florida and one in Highlands, NC. Futures gave us the capital to go big in BTC in 2015, even though I was not nearly as consistent in my trading back then. Futures took me a LONG time to learn, but has been very good to me and my family. I love trading, but I would not love it if money were tight or I was trading to pay rent or something like that.

I cannot imagine trading on a mobile app. That would be impossible for me and very risky / foolish.

Biggest challenge: lower back pain from sitting too long.


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  #386 (permalink)
 kevinkdog   is a Vendor
 
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thw333333 View Post
I can count on something north of $400k from futures trading and that does not include income from long-term positions in stocks or any other investments. Not sure if that is of any worth to your question, but I did enjoy reading this thread. I will not be showing statements, lol. I stop trading in mid June and then resume after Labor Day. My secret weapon (besides experience) is capitalization. My comfort zone is having a HUGE cushion. I trade daily at the open. Some days done in 5 minutes, some days nursing a drawdown till 10pm. I bought a vacation home on the south shore of Nova Scotia (and then Canada wouldn't let me in without vax, which I refused). I also have a home in S. Florida and one in Highlands, NC. Futures gave us the capital to go big in BTC in 2015, even though I was not nearly as consistent in my trading back then. Futures took me a LONG time to learn, but has been very good to me and my family. I love trading, but I would not love it if money were tight or I was trading to pay rent or something like that.

I cannot imagine trading on a mobile app. That would be impossible for me and very risky / foolish.

Biggest challenge: lower back pain from sitting too long.

Is that 400K annual? Curious, what kind of % return and % max drawdown do you normally have?

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  #387 (permalink)
 
Joseph Connors's Avatar
 Joseph Connors 
Colorado Springs, CO USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Ninjatrade
Trading: Futures
Frequency: Many times daily
Duration: Minutes
Posts: 134 since Jul 2012
Thanks Given: 93
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thw333333 View Post
I can count on something north of $400k from futures trading and that does not include income from long-term positions in stocks or any other investments. Not sure if that is of any worth to your question, but I did enjoy reading this thread. I will not be showing statements, lol. I stop trading in mid June and then resume after Labor Day. My secret weapon (besides experience) is capitalization. My comfort zone is having a HUGE cushion. I trade daily at the open. Some days done in 5 minutes, some days nursing a drawdown till 10pm. I bought a vacation home on the south shore of Nova Scotia (and then Canada wouldn't let me in without vax, which I refused). I also have a home in S. Florida and one in Highlands, NC. Futures gave us the capital to go big in BTC in 2015, even though I was not nearly as consistent in my trading back then. Futures took me a LONG time to learn, but has been very good to me and my family. I love trading, but I would not love it if money were tight or I was trading to pay rent or something like that.

I cannot imagine trading on a mobile app. That would be impossible for me and very risky / foolish.

Biggest challenge: lower back pain from sitting too long.

The old adage: sell in May and go away!

Persistence! Nothing in the world can take the place of persistence.
Talent will not ... nothing is more common than unsuccessful men with talent.
Genius will not ... Unrewarded genius is almost a proverb.
Education will not ... The world is full of educated derelicts.
Persistence and determination alone are omnipotent!
Calvin Coolidge
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  #388 (permalink)
goodoboy
Houston
 
Posts: 380 since Dec 2016
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thw333333 View Post
I can count on something north of $400k from futures trading and that does not include income from long-term positions in stocks or any other investments. Not sure if that is of any worth to your question, but I did enjoy reading this thread. I will not be showing statements, lol. I stop trading in mid June and then resume after Labor Day. My secret weapon (besides experience) is capitalization. My comfort zone is having a HUGE cushion. I trade daily at the open. Some days done in 5 minutes, some days nursing a drawdown till 10pm. I bought a vacation home on the south shore of Nova Scotia (and then Canada wouldn't let me in without vax, which I refused). I also have a home in S. Florida and one in Highlands, NC. Futures gave us the capital to go big in BTC in 2015, even though I was not nearly as consistent in my trading back then. Futures took me a LONG time to learn, but has been very good to me and my family. I love trading, but I would not love it if money were tight or I was trading to pay rent or something like that.

I cannot imagine trading on a mobile app. That would be impossible for me and very risky / foolish.

Biggest challenge: lower back pain from sitting too long.


Good Morning thw333333,

IMO and in my own trading experience, I agree with this. I believe it takes alot money to trade the futures market. Around +$100,000. And the profits can not be used to pay bills. The profits used to be luxury items and retire from 9-5 quickly.

I have always believed that the futures market is getting rich and wealthy in X years.

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  #389 (permalink)
 
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 richw 
Salt Lake City, UT
 
Experience: Advanced
Platform: NinjaTrader
Broker: NinjaTrader Brokerage
Trading: CL, ES, NQ, YM
Posts: 1,809 since May 2010
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Where do you see his name? I have checked the links and do not see his name.


Billiwon View Post
I see Kevin Davey's name on the champion trader list. So it must be real. Thanks.


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  #390 (permalink)
 Miesto 
Monte Carlo, Monaco
Legendary Market Wizard
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: NinjaTrader Brokerage
Trading: Futures
Posts: 647 since May 2012
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richw View Post
Where do you see his name? I have checked the links and do not see his name.

World Cup Trading Championships 2006 Kevin Davey

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