Position sizing and leverage are what kills tons of these fresh out of the boat daytraders. They see PDT Daytrade margin and go and use it all up. All it takes is a small change in the wrong direction and your wiped out. Even my daytrades are primarily Tiny trades. Yes I have a record of making 300-400% returns so far on my daytrades the last few days but my position size is tiny and I only have been making those returns because of the volatility patterns in the last few days. I will be starting my class on how to make 300-400% Returns a day daytring soon for only 900 dollars. The advanced course will be 10,000 dollars and you get one on one time with me trading on a demo platform. Plus free autographed book. Time is running out for this rare opportunity.
not typical, he uses a huge size position vs total equity, huge risk = huge gains, but most of times will be the account wipe out for newbies. Warrior maybe has millions in the bank, so 100K account is good for gambling.