"Quote from Platypus: I think you've been watching "Rogue Trader" one too many times... (or not enough..) " Great movie!!! Another one to see (over & over & over again) is "Boiler Room"!
ok, I exaggerated a bit when I said I lost most of it in one day, but I took a big loss in one day, and held. so was almost wiped out in 2-3 days. biggest single day loss was 289,000 dollars. had 2 big ones in a row and I quit a few days later. yes each point on the nq equaled 1% of capital. I was trading around 500 NQ's. So at one stage, each point meant 12,000 dollars made or lost. If you think I just made all this up, read some of my past posts regarding size on the NQ.
With your track record you want to be a prop trader?? I hope they can do some kind of background check. 5 K to trade ?? ok so you have already proven that you are under educated and now we see you want to try this being under capitalized. A perfect combo to fail again .
the 5k is just to start with, if I can make 50 dollars a day, it's better than working at the local grocery. I do have to start somewhere.
No actually $ 50 a day would be a less then the local grocery . $ 50 a day is $ 13,000 a year ( did not include holidays) . You said you were giving $ 300 ( half you take home) every other week to make up the 2 million . That is $ 15,600 take home . See its no wonder you lost all that money you are very bad at math I really dont belive you are giving anyone $ 300 every other week . Maybe you should write fiction novels instead??
I think this assclown gets a high from all the replies he gets Don't reply to any of his posts and maybe he will go away What a B/S story You were doing ok with the 25k story but you just had to go overboard with that 2 mil huh? HAHAHAHAHA What an assclown
Perhaps the lesson is not in the dollar amount, but in the rules broken in such a tragic story...Anyone who has traded long enough has heard (firsthand) of similar stories with the same theme.... with just different amounts...
lundy, Noticed that you seem to have three phone lines - maybe you should cancel two of them to save some more cash for trading?
what are you talking about??? actually I don't have any phone line right now. Only cable for roadrunner (internet).