Market study. Just curious, How much commission or profit you willing to pay if somebody or something will generate 5% of return per day?
Well, how much money do you need to start? Can you do 5% on a million per day? Or $10,000? Compounded or simple interest? Don't have my calculator in front of me, but I think in 1 year a $10,000 account compounded daily on a 5% return per day, even taking out say 50% of the profit to pay, would be an astronomical number. Show me some account statements and let the account stay in my control or I trade the signals and send payment and I'd pay out 50% for that kind of a return.
Sounds professionally... Go to gointernational.com and read about it. Please, let me know your opinion. Thanks
Half, but what is the drawdown that I must tolerate? Did you see this? http://www.elitetrader.com/vb/showthread.php?threadid=50056
LOL. Sure, why not? Starting with a mere $1 Million of easily borrowed capital and ignoring those pesky taxes, 5% daily return, allowed to compound for a bit more than a year (284 trading days), will turn that OPM million into slightly over $1 Trillion (~$1,041,743,827,000). On day 285 one can finally breathe a sigh of relief and hit the beach. Now, excuse me while I go back to studying my limited edition of Larry Williams' Inner Circle Workshop...