========= $600,000 ask; $200 k bid. That sounds like more of a bear market [REALTORS call them/nick name them '' buyers markets ,LOL'' ] Plenty of buys in a buyers market; especially in ''sand states'' I learned a new name for a sideways slop trend; courthouse appraisal service calls it a ''static trend'' I had to look that one up in Websters dictionary.
If you can get 20x leverage on 50k and have a small diversified portfolio of trading strategies, you can do $500/day; however, you will need a prop fee structure, some speed, and the emotions of a robot -- or an actual robot trading your money.
well, I figured it out (due to the fact that I got a little greedy today and lost a whole nights work in about two hours.) For the first 6 months in 2012 trading nothing but forex, my return based on 5 days a week comes out to .2% per day so on a 50k account that would be only $100 per day but I am old and very conservative If I was young and had a family to support I would trade closer to margin and then the return would be .4% per day bur that doesn't mean everyday I have a profit. It is not uncommon to spend many weeks under water, and then fantastic profits for a few days but averaged over 6 months, it comes to .2% a day wish I would have considered that this afternoon
I could trade it for you.You keep $500 a day for yourself and wire the rest of the profit to my bank account every week,and you pay me a bonus every month to the tune of 15% from those $500 a day,which is $75 a day~~ $1500 a month.This is how realistic all is.
It show what this forum is full of.If you could do it , you would be a billionaire.Now F O YOU F I. WITHIN 5 YEARS YOU WOULD BE A BILLIONAIRE!You sound like this trader. http://www.youtube.com/watch?v=85lpWoESHUM
Really? If you could consistently bag 50 pips a day on forex or something with one contract you would be a billionaire now? You can tell the low end traders a mile off, clueless to the issues or liquidity, how ever I do agree that if you could bag 50 pips consistently, there's no way you would be doing it for someone else
Of course this is about the experienced traders, not about someone with 3 months screen time, who doesn't even know yet what bid and ask are. You can achieve a lot more than 500$ with 50K.
Liquidity issues?You can really tell clueless dingbats who can't solve problems of liquidity in a billion $ market.
yes, but when it comes to scaling up, liquidty issues aside, the real issue is all these trading strategies run the risk of total ruin. If I had 10 million dollars, I might trade one million If I had 100 million dollars, I might trade one million
Now , another expert on all trading strategies telling all and giving a grand opinion , does he have an idea about all hidden strategies not discussed publicly or written about in books? It is the known strategies , where 95% of traders using them fail.