From $5000 to Trading for a Living. Is it possible to?

Discussion in 'Journals' started by MarkWin, Feb 3, 2018.

  1. algofy

    algofy

    I guarantee that keyboard is much better to type on than the pieces of shit they produce today.
     
    #11     Feb 3, 2018
    zdreg, CALLumbus, d08 and 1 other person like this.
  2. Overnight

    Overnight

    Hell of a thing to use it in a library. You get lots of looks and "shhh!"ing.
     
    #12     Feb 3, 2018
    CALLumbus likes this.
  3. mbondy

    mbondy

    Yes, it's possible if you know your craft, can keep your losers small, and are satisfied with a couple hundred dollars on winning days.
     
    #13     Feb 3, 2018
  4. speedo

    speedo

    Whoa...choice rig dude.
     
    #14     Feb 3, 2018
  5. Zodiac4u

    Zodiac4u

    Let see what you do on Demo first?
     
    #15     Feb 3, 2018
  6. Overnight

    Overnight

    Fuggin' A. When the Zombie apocalypse comes, what you going to crush their skulls in with? A 2-ounce Chromebook with a processor that is as thin as a hair follicle, or a 35-pound CRT surrounded by steel and a 386 chip that needs a fan as large as your face to keep it cool?
     
    #16     Feb 3, 2018
    polaris likes this.
  7. speedo

    speedo

    :D
     
    #17     Feb 3, 2018
  8. I agree, I think 30k minimum and 100k ideal.
     
    #18     Feb 3, 2018
    CALLumbus likes this.
  9. Peter10

    Peter10

    the capital you need depens on your average trading return (in %) per month.
     
    #19     Feb 4, 2018
  10. schweiz

    schweiz

    I prefer to give an answer that is based on real calculations. This is the only way to imagine exactly how difficult it is.

    If you trade futures ES with your $5000 capital and use a margin of $2500 you will have to make 1 point net every day (total of the day) to make net $402,300.
    If you make 1.25 points net every day (total of the day) you make net over $1,000,000.
    Of course we speak about compounding.
    And the ultimate question is: can you make the needed points every day in a consistent way?
     
    #20     Feb 4, 2018
    jl1575 likes this.