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TFC Commodity Trading Forum

Re: T-U Swing Trade Benchmark Year-to-Date:

Hi R, thanks,

Margin is $3.3K for full and $330 for micro futures per contract
The risk reward is always 1.4 on the first contract.
All I care about is winning percentage. My risk is always the same: around 1-1/2% of my account. and my initial reward is always around 2.1%. Same for day-trading.

Side note: I used to ask traders how much in percentage terms they needed to make on their accounts to consider it a good year. And the two guys that said the most -- each used to make big money -- said, "at least 100%". Today neither one has the money to trade anymore. If you ask me any time you're into double digits that's great.

day trading though can be more profitable...