Futures Trading Results
Good Evening everyone. I hope everyone is well. Another negative day in the markets.. Does not look like the economy will be improving any time soon. I bought gas today for $3.18 a gallon — now, I realize you west coasters would LOVE to pay $3.18 a gallon but for Virginia – that’s a lot!
Of course Friday is the big report day: EMPLOYMENT NUMBERS… The whole world will be watching that….. Maybe we’ll see a little light and the market will rally. Technically I really do not care what the market does as long as it moves.. Thats how I make my living. However, I do LIVE in the US and I would like to see the economy improve. Unfortunately, it probably will not be for awhile.
Oh I managed to make a live trading video for the public today — I gave a brief description of the program and watched a couple live trades happen. If anyone is interested in that, simpy go to the home page and “opt-in” on the form.
Today was a good day. As you can see on the chart below, we had some pretty nice moves. I dont take the “full” moves, although a day like today, I wish I had! I simply make my 1 point and I leave…
I received an email about “just trading for 1 point” — I was told that it was pretty “weak” as far as income is concerned… Well I did a little math and this is what I came up with:
Assuming you trade 10 contracts and you are paying $5 commission (which is too much!!) and you do my “usual day” by taking 3 trades: 2 ticks/2 ticks/ and 1 tick for some commissions.
Trade 1: 2 ticks = $ 25 x 10 contracts = $250 – $ 50 for commish. = $ 200
Trade 2: 2 ticks = $ 25 x 10 contracts = $250 – $ 50 for commish. = $ 200
Trade 3: 1 tick = $12.50 x 10 contr. = $ 125 – $ 50 for commish. = $ 75
Total all that up and you are PROFITING $475 a DAY — for 30 – 60 MINUTES of work. Mulitply that by 5 days a week and you are earning $ 2,375 !!!!
Now, I ask you… How is that not a good income? Trading 49 weeks a year is over 115K per year. Thats almost TRIPLE the US average wage earner and again, you are ONLY trading 30 – 60 minutes a day.
If you need a little more income, add more units!!!!
Well, that is what my system IS ALL ABOUT — making a PAYCHECK!! If you are looking for a trading system that teaches you how to trade all day long and make 10 points a day, then I will not have the right day trading course and you will probably look elsewhere.
If you want a nice income that is spendable cash, and enjoy the quality of life by not working 40 – 60 hours a week, AND you are committed to DISCIPLINE and RULES, this may be the trading system for you!
Ok, well have a good night!
David Marsh
