Actually, I think any type of redacted screenshot of the front-end (if you meant the broker trade execution platform) that's posted within 1 - 2 minutes obviously is not enough time for someone to fake something in comparison to the same screenshot being uploaded several hours later or the next day. Regardless, I'm not a fan of broker statements (clean white background with black fonts). Too easy to fake. wrbtrader
There was a guy on here who posted an IB front-end pic and cut and pasted something from a sim-account. Someone blew-up the pic and showed that the borders didn't match. Within 1-2 minutes of what, though? The last trade of the day? How would they necessarily know that unless they're going to post a screenshot after every trade? Obviously the best-practice would be to show a YT video taken with another device. Harder to redact and really not necessary.
Path-dependent exotic options sound pretty exotic indeed. I hadn't heard of them before and just checked it out. Congrats on your associate's 200M+ Eur. Wow. If what you say is true about a $100k threshold for futures, then if/when I get there, it will be time for me to check out the exotic options too. Or perhaps I will just scale back my expectations and do 1% per day, and try to supplement my real estate with an extra $200k per year (100k x 1% x 200+ trading days). I agree with you; 2% per day on $3,500 truly is absurd on actual size! But it is not the $50 to $80/day that I care about. I have recognized a big deficiency in my trading, and am trying to remedy it: I am slowly building the foundation of emotional resilience and discipline and comfort with bigger numbers so that when I am at $10k, $20k, $50k or more I can be just as disciplined. So for example, when my 4% max daily stop is huge dollar-wise, I can keep doing what I have been doing here and with very little emotion continue to follow the MM rules, simply closing it down and saying "It's all part of the game. Tomorrow is a new day." The alternative is the all-too familiar revenge trading and nuclear bomb desolation.
I don't think that a goal of 2-3% is constructive... as it will inevitably lead to blowing out or over-trading. You can trade exotics right now if you're an EU resident. binary.com is owned by a UK/German RE billionaire. They are a solid operation for retail exotics for EU-residents. My buddy got his start when binary.com was called betonmarkets.com. He cashed out above $600K and went with SocGen. Their retail operation folded and he started a buy-side operation trading with UBS.
Sidenote - The only people I know that use the term front-end either are professional traders, work for an institutional trading firm or has something to do with software design of trade execution platforms. Regardless, if something captures the screenshot (front-end / broker trade execution platform) with a time as, for example, showing 2:35pm and the last trade is 2:33pm while the screenshot is posted at 2:36pm... Less likely its faked in comparison to the same screenshot posted later in the evening at 9:15pm. What's a YT video ? wrbtrader
the right metric is the time it takes to double. anything inside 2 months with leverage less than 4 is impressive.
Thanks. Well, I don't want to get worn out for sure. And I can see how it could happen! I feel tired today from "trading" and I didn't execute a single trade, LOL. Except for just one or two in the last 4 weeks, I have felt like most people have truly been interested in seeing if I can really pull this off. And most are actually rooting for me to succeed. I can also see the point of those who want more evidence of my profits, especially after the anecdotal accounts they shared of doctoring. So I will try to meet those requests. But most importantly, I am trading for ME. I won't jeopardize that. But I will continue to share what I am doing as I am able.