It All Starts With Discipline
Building a track record of success means starting small and learning to have the discipline it takes to trade successfully. Here’s what it really takes to be successful.
Track Record
Build your Track Record on your Simulator. You must NET + 5 to + 10 points a week for more than 2 weeks in a row. The longer your track record the more psychologically prepared you will be to trade live money.
Example: Gain = + 20 pts
Stop Loss = – 15 pts
Net = + 5pts
Superior Tools
As a rule of thumb, you can trade 1 Contract for every $3,000.00 in your trading account.
Month 1: Start with 1 Contract: $50.00 per point.
+ 5pt for the week @ 50 per point = $250.00
+ 10pt for the week @ 50 per point = $500.00
After successfully trading at any level contract for several weeks (keeping a track record of +5 points a week), you can move to the next trading level, if your account can afford it.
Month 2: 2 Contracts: $100 * 5pts = $500.00 / Week
Month 3: 3 Contracts: $150 * 5pts = $750.00 / Week
Month 4: 4 Contracts: $200 * 5pts = $1,000.00 / Week
Month 5: 5 Contracts: $250 * 5pts = $1,250.00 / Week
Month 10: 10 Contracts: $500 * 5pts = $2,500.00 / Week (125K to 250K per year)
20 Contracts: $1,000 * 5pts = $5,000 / Week (250K to 500K per year)
Monthly time frames have been added to this illustration for training purposes. Your progress depends on your time and ability to make between 5 to 10 points per week, while maintaining control of your Risk on the basis of the Trade, Daily Limit, and Portfolio Risk Ratios.
Superior Knowledge – The Academy
It won’t take long to realize that our trading group has a unique trading philosophy and methodology. We don’t try to move or chase the market, we identify strong trends and then trade with the market.
Your Objectives:
- Build consistency.
- Make only 5 to 10 points a week.
- Trade 1 Contract for Every 3,000 in Account.
Remember: Net Trade Profit = Contracts * $ 50 * Net Points
Contracts |
5 Points Week / Annual / ROI % |
10 Points a Week / Annual / ROI % |
1 |
$ 250 / $13,000 / 433 % |
$ 500 / $ 26,000 / 866.66 % |
2 |
$ 500 / $26,000 / 433 % |
$ 1,000 / $ 52,000 / 866.66 % |
3 |
$ 750 / $39,000 / 433 % |
$ 1,500 / $ 78,000 / 866.66 % |
4 |
$ 1,000 / $52,000 / 433 % |
$ 2,000 / $ 104,000 / 866.66 % |
5 |
$ 1,250 / $65,000 / 433 % |
$ 2,500 / $ 130,000 / 866.66 % |
10 |
$ 2,500 / $130,000 / 433 % |
$ 5,000 / $ 260,000 / 866.66 % |
20 |
$ 5,000 / $260,000 / 433 % |
$ 10,000 / $ 520,000 / 866.66 % |
40 |
$ 10,000 / $520,000 / 433 % |
$ 20,000 / $1,040,000 / 866.66 % |