That's true, leverage if used, should be tackled with utmost care, else that's another great risk for the trader.
Hello, there are brokers than can give you some leverage depending on your initial deposit and your performance; I'll leave the name here it might help you or help other members. you can google the names and get more infos on their websites. It's tradezero and colmexpro. I have an account with colmexpro and some friends of mine are using tradezero didn't had any problems with them + they have a good support service. Wish you a good luck !
If you can make 10% a month consistently, that's 500% compounded a year, so start with 5K end first year with 25K, second year with 125K third year with 600K. should be good enough, should it not? Trading is a marathon it is no as sprint, those who sprint end up losing all their money. full stop.
I used online calculator and came up with 213.843% apy. ($15,692.14) at end of first year not 25 000. Which is also only $154,563.40 at end of third year , just under a quarter of your figure ?
That's true. Allow me to restate. The probability of having a losing week regardless of market conditions is low. I'm strong ain't I? (From a show where the kid kept winning but it was because a ghost only he could see was telling him what to do.)
I didn't check your other thread. Do you have a summary of your performance for lets say the last 12 months with some stats? You don't have to share if you don't want to, i am just wondering what your results actually are in numbers.
https://www.elitetrader.com/et/threads/prediction-based-trading.351176/page-38 Only results since October though