Average daily profit with $50K account?

Discussion in 'Trading' started by fcg007, Feb 21, 2010.

  1. All these discussions...

    Is it possible to draw $300-$400 a day? Of course! You can have a lot of leverage if you trade futures.

    Is it probable? Is it reasonable? That depends. How long have you been trading? For a beginner, it is highly improbable. The more experience you have, the more probable it becomes.

    Account size is not that much of a factor. How well you can trade IS.

    What is "reasonable"? One cannot answer that question without knowing the capacity of the subject involved.
     
    #131     Feb 23, 2010
  2. This from the one who projects his gay fantasies onto others in a lame attempt to defend Jack Hershey. What a pathetic loser :p
     
    #132     Feb 23, 2010
  3. Saw what done? You post a bunch of gibberish and jargon and pat yourself on the back?

    How about a live demo of you making your claimed 3X daily range under conditions where you can't fake the results of actual trades?

    Or how about turning $10 thousand into $1 million in 100 days and posting updates on ET like you promised your former IBD group you would?

    You claimed you do/would do both but neither one will happen. Why? Because you can't. Do you really think you're fooling anyone?
     
    #133     Feb 23, 2010
  4. If you are asking for DAILY profits, you will lose.

    Guaranteed loses, or your money back!
    :D
     
    #134     Feb 23, 2010
  5. timcar

    timcar

    I like Jack Hershey.
     
    #135     Feb 23, 2010
  6. <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/HuFEssDBBQY&hl=en_US&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/HuFEssDBBQY&hl=en_US&fs=1&" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="425" height="344"></embed></object>

     
    #136     Feb 23, 2010
  7. NoDoji

    NoDoji

    Yes.

    Does Jack Hershey provide valuable information? Yes.

    Does it take effort to understand what he's saying? Yes.

    Does it take effort to understand what Alan Farley and Al Brooks are saying? Yes.

    You want to generate an average daily profit of $300-$400 with a $50K account?

    Then put in some effort comprehending what these people say about the nuances of reading price action and profiting from it in whatever time frame you prefer.

    I'm now unsubscribing.
     
    #137     Feb 23, 2010
  8. My opinion of your trading savvy took a major major hit today...

    A short time ago, you said you were a learning trader. These above "yesses" shove you down to a startover, starry-eyed newbie.
     
    #138     Feb 23, 2010
  9. good luck on that NoDoji, I've been pulling for you. I could read War and Peace before I'd try and read JK's extensive posts. The man needs an editor that's for sure. Be careful switching methods , you're doing good. And you know the saying, if ain't broke don't fix it.
     
    #139     Feb 23, 2010
  10. Redneck

    Redneck

    Hersey’s stuff took me about an hour to decipher – like NOD said, and I've stated before - there is merit to what he posts...

    The bitch of it is he uses a made up language to describe it – every time he posts about it…. to each his own I reckon


    I may not like his ego/ obfuscating/ lack of risk management… but I will not ignore the truth no matter how unpopular



    OP,

    The answer is yes, and then some


    Learn to trade/ manage risk – after that how much you make will be up to you…..


    RN
     
    #140     Feb 23, 2010