Exactly, he needs an average of $200 a day for 100 days. 4 YM contracts means he'd need to make 10 points a day. Nothing impossible about that, not easy but still not impossible by any means.
Of course BUT no newb futs trader ever made money with a 5K account without at least a hand full of deposits along the way..
where can you trade futures with 5K? openecry? not sure it thats 5 or 10 K. buy 5000 powerball tickets. I would love to see the look on the retard's face working in the liquor store when you ask for 5000 tickets.
If you really want to gamble and actually have a shot at making the return, just buy some OTM calls/puts and forget about it except for the 5-a-day prayers to Allah. Or open one of those $500 margin futures accounts, pick a direction, buy one contract and hold. Better yet, open two accounts, go long in one, short in the other, and don't even make a decision. Otherwise all you're going to do is feed money to your broker.
this is very doable. spanish88, blackjack and a couple of others have already done it with crude and with a much smaller starting capital. i know of a few others who have turned 1k to 100k in a week in forex. and when i say i know, i have seen their account statements day in and day out.
Thanks for keeping me in your prayers. Trading day one: +198.00 dollars of realized gain, which is more than I expected. This translates to 3.96%. The minimum was 1.6225% So now in order to achieve my goal I have to make at least 1.1599% from each trade. Keep your fingers crossed.
remarkable, the persistence with which coin flippers appear on ET and determine to show that they will be the .00001% who achieve things like this. They do not seem to believe the 99.99999% odds against this; they are somehow immune...
Hey , big guy forget about day trading. Buy undervalud stock on margin , and trade it . If you want the fast one , take three team parleys with any good bookie and you might get 25k)) You people are watching too much Jim Kramer.