How Realistic? $50k account, $500 / day

NOT for a beginner.

 

for crying out loud, he wasn't asking how to trade, or even if he was going to make $500, all he was asking is, is a $500 move in a day realistic with a 50k account

 

"Realistic" is a relative term though.

 

No "blue sky" no "rose colored glasses" - the simple fact is that you have a much better chance with professional firm than having to fight all the inherent drawbacks of retail.

Don

 

Maybe it's time to point out that the OP has never responded to all this earth-shattering advice.

 

the first goal for any novice-stay alive. if you didn't lose-you won! why? cause you just gain a f** experience! my one and only goal at the beginning-try not to lose. or limit your losses. you flat EOD or end of the month? f** awesome!

 

$5 will get ya $10 it's someone who has been banned repeatedly.

 

I was wondering the same thing. I like to help, but when whatever anyone says falls on deaf ears, well, it kind of makes it all wasted.

Don

 

Hi Don,

Then maybe you can make lemonade out of this lemon and help a guy out who's looking to establish domicile in Nevada. Where are the decent places to rent around LV for a transient trader? I need a place I can leave unoccupied for 2-3 months at a time and trade out of while I'm there. This is OT, so feel free to PM if you have any recommendations or resources I should be aware of.

Thanks.

 

For someone doing 1M spy buys and 1M spy sells on average per day:
1-Please post the requirements of capital, and net comms.
2-Where would customer funds be parked?.
3-Need special registrations for someone trading OPM?.
4-Any other advantages over IB, please discuss.

Cheers. No PMs please.