Hello p0box4, I would like to trade other people money AND trade my own money. I am trying to put $50million cash in my bank account.
If you are making $200K a month then what's stopping you from scaling up? Just stop the BS lies already man.
Im sure GS will have no problem with that plan... Im guessing you are interviewing on the fixed income side to avoid any conflict of interests
My other idea is to have no daily loss but only a certain number of points/ticks in risk capital. I assume I can borrow money for margin. I start with $100k risk capital, 100 points in ES, i.e. 20 contracts. When I am up to $120k intraday, I increase size to 24 contracts, $150k - 30 contracts, etc. I always have 100 points to lose at the moment I increase size. So I compound and by the end of this trading cycle I could be trading 5 x the initial size making the account growth exponential and faster than just staying with 20 contracts. The size always goes up and is never reduced until I hit a profit target of 5 x initial risk = $500k or the time limit of 3 months. Then I start the whole cycle again, perhaps this time with $200k risk capital. Think about it - if you know that you will never have a drawdown of more than 30-40 points, take 3 x that and just increase your size in steps, making it faster to grow. AND, this $100k risk capital represents 20% of my total risk capital. That is a very important point. Isn't that the best idea ever in trading?
Essentially, I am willing to give back up to 3 months of my efforts and 20% of risk capital for a chance to double my risk capital.
Good Morning taowave, Yes, it is good to network with other millionaires traders in the trading industry so you can be a millionaire. Go work for the hedge funds so you can see what they are doing. Do not depend on ET forum members for all the answers because people will not show you proof trading results so hard to get better in ES trading. So go apply for hedge funds jobs and be an ES trader there.
Ill play... How did you get your interview?? Other millionaires???Are you now implying you too are a millionaire?? What happened since yesterday?? Goldman offered you a 750k plus cash bonus to sign???
Hello taowave, Go on the website man and apply. That is none of your business if I am millionaire or not. How will knowing that answer if I am a millionaire make you a millionaire?? You asking personal questions. I am not going to tell you any of my trading secrets to make money in trading the ES anyway, so you better go get busy man. Even if I knew other ES millionaire traders, I would never tell you anyway. I would not ever in life give you any edge to help you trade ES successfully. ALL my contracts need to be filled, so I need your contracts to fill me, so why would I give you correct trading answers on the ES futures market for? So you asking me all these questions does not help you, cause I can be lying to you to make you fail on purpose. That is why you have to go click the chart to find your own truth or your own lie. I know lie and I know truth, that is why I always win in ES futures trading and make all the money easily. But it takes a lot of work to know Lie and Truth in ES futures trading. and no-one will ever tell you the truth or a lie. so you are totally on your own. It is dirty trading industry, but noone will tell you that, cause it FAR easier to lie to you. You should be looking for ways to get rich, not looking for people who already rich. Rich people HATE poor people! Rich people will never in a million years help you. Do not make trading so complicated man, just go click and/or work for an hedge fund so you can know the secrets and get rich faster from other traders. It is not complicated.
Let me know when you find a suc... err benefactor that likes the idea of fronting you without a daily loss limit.