Does Anyone make money on indices?

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Zenda

Well-known member
491 10
I was talking to a World renown trader yesterday - A succesful one! he asked what I traded - I said simply USA shares - He asked me if I knew anyone who made money trading the indexes - I couldnt think of one! - However you may know differently! Like to hear from successful index traders (DOW & FTSE DAX etc).......
 

Trader333

Moderator
8,590 922
It depends what you mean by Index ? Do you mean SB the index or do you mean trading the Index future ?

There are a number of successful Index futures traders who regularly post on here, I however dont trade futures.


Paul
 

Zenda

Well-known member
491 10
Spreadbetting the FTSE & the Dow daily me thinks - Long term futures - are usually succesfully traded as hedges - etc.
 

options

Senior member
2,374 218
Short term intraday ftse/emini dow real futures.

Longer term swings on the sb's for tiny stakes.
 

sidinuk

Established member
624 5
Oh John why do you do this!

On another thread you have posted your finspreads account showing quite a number of index trades over a one week period, presumably to prove how easy it is to make money. Now here you say that you don't know anyone who successfully trades indexes.

And people accuse me of inconsistency!
 

Finlayson

Well-known member
410 10
I only trade indices ......particularly the DAX & SWISS, find the FTSE little more difficult, but my strategy does work on the FTSE.

the person I learnt from, really has only ever traded one index successfully for years.

cant see what difference it should make as they are only instruments & if u r just trading 'events' in the market, then it is just about learning your own personal choice of instrument

jay
 

kevinmcm

Active member
220 2
Yes. S&P 500, sometimes FTSE. I trade on a private board where some of the traders make a living from DOW trading alone.

Kevin.
 

stevem12

Active member
135 1
Yes John, thank you for asking.

This is such a thinnly veiled advert for the originators course that it beggers belief!!

Consistant profits can be made with any instrument, as long as you have the method, money management and mentality right.
And to my way of thinking, the right mentality is not getting shirty on other threads when people asked,reasonable, questions about ones results/method

Steve
 

FTSE Beater

Experienced member
1,518 4
Hi JohnB

To name just a few:

Skim
JPWone
St.Luke
JonnyT (I'm not 100% sure, but I'm sure he is) :)
Mr.Charts

Apologies to all those I've forgotten, the memories not what it used to be :rolleyes:
 

Trader333

Moderator
8,590 922
FB,

I dont think Mr Charts trades indices, did you mean Chartman ?


Paul
 

FTSE Beater

Experienced member
1,518 4
Hi Paul

No, I believe Mr.Charts dabbles in the indicies occasionally - ah ok, maybe shouldn't have been on the list :eek:
Now I think about it, I know more profitable stock traders than index traders :confused:
 

JonnyT

Senior member
2,560 22
For the record I have not made any profits on Index trading. After nearly two years I'm down around £1500.

I've not done this seriously as I have a full time job so have basically been tinkering and trying to write Black Box solutions.

Now I'm at the point where I have backested and forward tested positive expectancy systems. I'm now going to play them seriously through Software I've written to integrate with IB.

The back test results are very good and if I get what they have historically then with money management I could get a 300-400% return in 1 year.

To that end I have cashed in PEPs and ISAs. I'm mixing day trade and position trade systems on the ES and position trading a basket of Commodities. Position trades are via Spreadbets for now as the spread isn't an important factor for such trades given the Tax Free status.

I'm also considering buying a system and running it through TradeStation 7.1 There are several commercial systems that have returned 150%+ per annum over long periods without money management. i.e. single contract etc etc.

This time next year I will either be very wealthy or have given up.

JonnyT
 

Trader333

Moderator
8,590 922
JonnyT,

You have obviously put a lot of work into this so I hope it all goes well for you.

Cheers


Paul
 
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