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Is anyone actually making money?


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Is anyone actually making money?

  #61 (permalink)
ePing
Hayden + Idaho/USA
 
Posts: 3 since Jan 2020
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KyronC View Post
Can anyone actually prove to me that they have been consistently making money with futures? (ES,RTY,NQ,GC,CL) So far I'm yet to meet someone who is making money who isn't trying to sell me something :/

Hi KyronC ... I'm not trying to sell anyone anything ... Yes, I am making money. Not a lot of money ... but I am making money ... which is what you asked. Cheers.

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  #62 (permalink)
 brattebakken 
Zürich
 
Experience: Intermediate
Platform: Ninja Trader, IB, Stage 5, Investor RT
Broker: Stage 5, Market Delta,Rithmic,IB
Trading: Futures, Stocks
Posts: 10 since Jun 2014
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Comeback King View Post
Or read this review before you try TradeOutLoud.

https://www.tradingschools.org/reviews/trade-out-loud-with-anka-metcalf/

well, can be for somebody,
but she is showing the trades in live journaling and you can follow her trades. That is no nonsense.
But you have to commit and it is YOU that have to trade, but I have been with her 4 months, all profitable.

anyway, you will have to know yourself. I have tried hundreds, but she is the best- for me at least.

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  #63 (permalink)
jesusmoreno8
Medellin, Colombia
 
Posts: 3 since Jan 2019
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As he just said, he posted this at an emotional moment, no need to attack the guy.

An advise that I could give you is to analyze yourself. A lot of people think they are not profitable because of a flawed strategy (which could be the case), but sometimes, they need to look inside to find the issue.

You might need to change your relationship with money since you get emotional trading your own money. This could be done by trading somebody else's money, getting into a prop firm or using a service like top step to get a funded account.

Furthermore, analyze and manage your expectations regarding how much money you can make and understand that profitablity in trading is a long process. Think of it like going to college, it's going to take time and you will have expenses before you can actually make some money and when people finally get a job in their field, most don't become millionaire overnight, they start making 50-75k a year.

Persevernce is key in life.

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  #64 (permalink)
goodoboy
Houston
 
Posts: 380 since Dec 2016
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KyronC View Post
Can anyone actually prove to me that they have been consistently growing their account with futures? (ES,RTY,NQ,GC,CL) So far I'm yet to meet someone who is making money who isn't trying to sell me something :/


KyronC,

Good question. Sorry I can't help you, I am a consistently break-even day trader. I am still trying to get profitable.

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  #65 (permalink)
goodoboy
Houston
 
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Meklon View Post
most of the people advising or posting have very little understanding as to what it takes to be a consistent trader.

Meklon,

Please explain what it takes to be a consistent profitable trader.

Thanks

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  #66 (permalink)
 
Blash's Avatar
 Blash 
Chicago, IL
Legendary Market Chamois
 
Experience: None
Platform: NT8,NT7,TWS
Broker: InteractiveBrokers, S5T, IQFeed
Trading: The one I'm creating in the present....Index Futures mini/micro, ZF
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Meklon View Post
I obviously did. And I am simply amazed by a level of immaturity on most of the answers and question on it. This place has really become a dump...most of the people advising or posting have very little understanding as to what it takes to be a consistent trader. And the worst part of that, they are not being prevented from doing so....

Please do not call this place a dump. It is not true. Not even a little bit. I love this place and work hard with other members to add value, usually in my tired hours.

You have 50 posts in almost four years, honestly you cannot really know, you do not participate very much.

If to you it has little worth perhaps spend your time elsewhere.

Ron

...My calamity is My providence, outwardly it is fire and vengeance, but inwardly it is light and mercy...
The steed of this Valley is pain; and if there be no pain this journey will never end.
Buy Low And Sell High (read left to right or right to left....lol)
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  #67 (permalink)
 
CannonTrading's Avatar
 CannonTrading   is a Vendor
 
Posts: 216 since Mar 2013
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KyronC View Post
Can anyone actually prove to me that they have been consistently growing their account with futures? (ES,RTY,NQ,GC,CL) So far I'm yet to meet someone who is making money who isn't trying to sell me something :/

I think there is a very small % of traders that profit consistently but even those traders will have losing days/weeks/months...

Anything that looks too good to be true is usually NOT true.

I am a broker and NOT a trader but observed and assisted many clients over the years.

I came up with what i feel is a concept that gives traders an edge and it i s out there for free trial.

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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  #68 (permalink)
 
Blash's Avatar
 Blash 
Chicago, IL
Legendary Market Chamois
 
Experience: None
Platform: NT8,NT7,TWS
Broker: InteractiveBrokers, S5T, IQFeed
Trading: The one I'm creating in the present....Index Futures mini/micro, ZF
Posts: 2,311 since Nov 2011
Thanks Given: 7,341
Thanks Received: 4,518


CannonTrading View Post
I think there is a very small % of traders that profit consistently but even those traders will have losing days/weeks/months...

Anything that looks too good to be true is usually NOT true.

I am a broker and NOT a trader but observed and assisted many clients over the years.

I came up with what i feel is a concept that gives traders an edge and it i s out there for free trial.

Smartest one of the bunch...???.... You make money no matter what......lol.....

Ron

...My calamity is My providence, outwardly it is fire and vengeance, but inwardly it is light and mercy...
The steed of this Valley is pain; and if there be no pain this journey will never end.
Buy Low And Sell High (read left to right or right to left....lol)
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
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  #69 (permalink)
 Meklon 
New York, USA
 
Experience: Advanced
Platform: Sierra Chart
Trading: RTY, ES, YM, NQ, CL, NG, GC, HG
Posts: 61 since Oct 2016
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Blash View Post
Please do not call this place a dump. It is not true. Not even a little bit. I love this place and work hard with other members to add value, usually in my tired hours.

You have 50 posts in almost four years, honestly you cannot really know, you do not participate very much.

If to you it has little worth perhaps spend your time elsewhere.

Ron

Ron,

The LAST thing I need is for you (or anyone else for this matter) to tell me where I should be spending my time. You don't know me, you never met me and your personal opinion of how much I contribute carries very little significance.

I have expressed my opinion based on the long time of observations and much material I have seen here. If you, as you say, care as much as you do about this community you would have done a better job addressing amateur posts from people who clearly do damage to new and inexperienced traders. Alas, you choose to berate me for honestly expressing my personal impression of this board and personal opinion. Apparently, your point of view must be taken as the ONLY proper one and opinion of others must be disregarded.

If anyone seeking to find better proof of what I have stated above he doesn't need to go any further. You have just confirmed it.

Mek.

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  #70 (permalink)
 
KillerJukeBox's Avatar
 KillerJukeBox 
Dublin
 
Experience: Intermediate
Platform: Ninjatrader, Tastytrade
Broker: Ninjatrader Brokerage, IBKR, Tastytrade,
Trading: MNQ,MES. Stocks, Stock options
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forestcall View Post
[*]Nail down a solid strategy for trading. Test several strategies until it became apparent that I found the winning strategy and then stick to it.

Care to elaborate further on your methodology for the above, lessons learned/pitfalls/ etc? Would be great.

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