Day Trading Futures

[skc]

ok so I've been through the thread and added everything up.

You're approx. -7.5% since starting.

With 10 contracts and 10 point hard stop on a $75K account that's $2.6K loss or 3.5%.
That's a pretty big percent for most systems let alone a scalper!

Has anyone worked out the risk-of-ruin?

 

[Ruby]

No trades today?

 

[Trader Girl]

No trades today?

No trades had family issues to sort out.

My 4512 level capped any gains today....very important level.

 

[Trader Girl]

ok so I've been through the thread and added everything up.

You're approx. -7.5% since starting.

not sure thats correct...I'm showing a profit.

 

[landon]

anyone know of any webiress using brokers who will charge around $2.50 per side for trading one contract re the spi or at least a tiered based charging system?

 

[mbes]

ok so I've been through the thread and added everything up.

You're approx. -7.5% since starting.

I too have been through the thread and added everything up. Here are the results:

Total nett points gained: 113
Total gross profit: 113 pts x 10 contracts x $25.00 per point = $28250.00
Total number of round trips: 66
Total commission paid: 66 trades x 10 contracts x $5.00 per round trip = $3300.00
Total nett profit: $28250.00 - $3300.00 = $24950.00

So the account is up by approximately 33% since starting.

Conclusion: I am withdrawing all my funds from Gringotts Bank

 

[peter2]

I have also been through the thread ending up with a slightly different number but still a good return on the starting balance.

 

[skc]

ok so I've been through the thread and added everything up.

You're approx. -7.5% since starting.

I too have been through the thread and added everything up. Here are the results:

I have also been through the thread ending up with a slightly different number but still a good return on the starting balance.

I wonder if Trader Gril has any dirty washing or vaccuming for you guys to do as well

The power of the right avatar and user name.... amazing.

 

[Trader Girl]

I will not be trading this week.
Family matters to attend to.
Trade well and stay safe in the markets.

 

[avion]

Trader Girl, what's the latest, are you still trading?

 

[Ruby]

Trader Girl, what's the latest, are you still trading?

I think she is probably too busy making her first million. I mean............ how hard can it be? You start trading the SPI, never having traded it before, you place trade after trade, 10 contracts each time, and just rake in the profits..........

 

[Kryzz]

Could anyone shed any light on the ideal trading times for futures? I'm relatively unfamiliar with futures, after spending the last year or so trading spot FX, with FX trading times more centering around bank hours as opposed to stock exchange hours.

Are the most liquid times around stock exchange opening hours, as most futures exchanges are more or less around the clock? I've been looking at the DAX & CL, also having trouble locating a reliable source for market hours for these products (Have been using IB's product info so far).

Found this link useful so far (unsure how accurate it is though):

http://www.marketclocks.com/index.php?timezone=10.5&timezoneoffset=9.5

Cheers

 

[peter2]

Have a look at a futures chart showing real volume. The best time to trade a contract is when the volume is highest.

 

[matthewdean]

Pretty interesting thread, I have finally just finished updating myself on it.

Are you still trading TG? You seem to have had some amazing success considering this is your first "Real Money" try at trading futures. I believe your posts are truthful but I would love to see you share some of your reasons for placing certain trades. You seem to be shorting a lot which if find interesting.

Looking forward to seeing more posts.

 

[tech/a]

Trading the SPI today is like extracting teeth.
baby ranges.

 

[nomore4s]

Trading the SPI today is like extracting teeth.
baby ranges.

Back to normal then

I only ever trade the opening where there is actually some movement.

 

[nomore4s]

Back to normal then

I only ever trade the opening where there is actually some movement.

Man I love trading the HSI, drops 400+ points then has a 100+ point bounce. Certainly more fun then the SPI. Missed most of the move down, moved to quick and didn't get a good fill, but caught a good portion of the bounce.

 

[Loooit]

Well,

This thread was really good.

Hopefully TG does actually come back though...

I don't think I could walk away from the money she was making...

Maybe she doesn't need the accountability of the forum any more.

Well good luck to her in her endeavours, hopefully the family issues are not what has been keeping her so busy.

Has anyone else been able to successfully trade/understand her method?

 

[wayneL]

Maybe she doesn't need the accountability of the forum any more.

Maybe he figured out he wouldn't be able spam this forum.

 

[Grinder]

You don't suffer fools do you waynel, love it.