I am talking about Deutsch bank, barclays etc. They have stated nothing about losing money. I have not stated my losing money either.
Here's a trade that was started in Note's Journal thread. That thread appeared to have died a premature death with both the trainee and trainer going AWOL - how dreams die ... sigh. So, I will carry on with the trade here. I have increased the exposure on the trade in expectation of the trade making the final leg of the move. As it stands currently, the trade is worth 5%+ account growth. Anyone sane would have taken the gain. But I am too greedy and looking for more. The only risk I see the trade facing is the EU QE bullsh*t. But nothing ventured, nothing gained. Livermore once said, it's the sitting ...
Yeah, I'm not surprised. After hearing about him, I looked at the trade records he posted on his site and they made no sense. I had no idea what his trading tactics were from looking at those trade logs. Usually I can tell right away what someones basic tactics are if I see a few trades. But there was no logic to his trades and there were really strange discrepancies that just made no sense to me.
How much $ would you guys say would be necessary to fund a high risk day trading account to trade one lot ES? I have some excessive capital from a very successful swing trade I took on that I might be interested in putting into a day trading account. I believe I had a good thing going with the ES, but the difference from my prior approach will be that: - I won't attempt to 'trade for a living' - I won't have to withdraw the cash - I can have the capital in that account for years I'm thinking that ideally I should have at least $5000 per contract, but I don't think I have more than $3000 to spare at the moment as I want to continue swing trading as well.