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Why you only need to trade for "2 Net Points" per day
on the eMini S&P or 1 Net Point per day on the eMini Russell Index
This is a hypothetical business plan and shows a progression based on consistent effort. Your experience may vary.
There is always a high risk of loss when trading futures contracts if you do not alway use protective stop losses.
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Net Pts/ |
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Gross |
Gross |
Weekly |
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Week |
Initial Balance |
Contract |
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per day |
Weekly |
Draw |
New Balance |
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1 |
$ 5,000 |
2 |
|
$ 100 |
$ 500 |
$ 250 |
$ 5,250 |
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2 |
$ 5,250 |
2 |
|
$ 100 |
$ 500 |
$ 250 |
$ 5,500 |
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3 |
$ 5,500 |
2 |
|
$ 200 |
$ 1,000 |
$ 500 |
$ 6,000 |
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4 |
$ 6,000 |
2 |
|
$ 300 |
$ 1,500 |
$ 500 |
$ 7,000 |
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5 |
$ 7,000 |
2 |
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$ 500 |
$ 2,500 |
$ 1,000 |
$ 8,500 |
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6 |
$ 8,500 |
2 |
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$ 800 |
$ 4,000 |
$ 1,000 |
$ 11,500 |
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7 |
$ 11,500 |
2 |
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$1,000 |
$ 5,000 |
$ 1,000 |
$ 15,500 |
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8 |
$ 15,500 |
2 |
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$1,500 |
$ 7,500 |
$ 1,000 |
$ 21,500 |
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9 |
$ 21,500 |
2 |
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$2,000 |
$10,000 |
$ 2,000 |
$ 29,500 |
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10 |
$ 29,500 |
2 |
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$2,000 |
$10,000 |
$ 2,000 |
$ 37,500 |
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11 |
$ 37,500 |
2 |
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$2,000 |
$10,000 |
$ 5,000 |
$ 42,500 |
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12 |
$ 42,500 |
2 |
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$2,000 |
$10,000 |
$ 10,000 |
$ 42,500 |
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13 |
$ 42,500 |
2 |
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$2,000 |
$10,000 |
$ 10,000 |
$ 42,500 |
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If you follow this plan and you consistently extract 2 net points profit from the E-Mini S&P each day, the total payout after 8 weeks should be $5,500 or more. Your account balance should be $21,500 or more.
While this plan assumes you are willing to take more risk as you get better. Always err on the side of caution, and cut back the numbers if you feel uneasy or scared. Better safe than sorry.
The question now becomes, how much money is enough? How do you feel trading 20 contracts at a time which equals $1,000 per point? Can you maintain the focus necessary to trade consistently? You are theoretically taking out over $500,000 per year assuming you take off two weeks for good behavior.
If you make two - six points on your first trade we recommend you take the day off and go reward yourself. (If you don't quit after a big win and get greedy, you will often give it all back.) |
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DAY TRADING involves high risks and
YOU CAN LOSE a lot of money.
Commission rule 4.41(c)(1) applies to "any publication, distribution or broadcast of any report, letter, circular, memorandum, publication, writing, advertisement or other literature…."commission rule 4.41(b) prohibits any person from presenting the performance of any simulated or hypothetical futures account or futures interest of a CTA, unless the presentation is accompanied by a disclosure statement. The statement describes the limitations of simulated or hypothetical futures trading as a guide to the performance that a CTA is likely to achieve in actual trading. Commission rule 4.41(b)(1)(i) hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.
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COMPLETE DISCLOSURE, DISCLAIMER AND TERMS OF USE.
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