Why is that? Is it because of psychological reasons? thinking " Oh small money , I'll take big risks" ?
If someone with a small account is using correct cash management and is trading shares in proportion to their account size, then it is an accomplishment. Weather he could accomplish the same thing with a mil$ account we may never know, but I don't think cashmoney would be the 1st millionaire to start w/ a $800 account
I'm not sure who edited this post. I liked the original version better. It brought my attention to the fact that Benjamin Shalom Bernanke's first 2 initials spell B.S. Can't argue with the facts.
It must be in my case. I don't think 2 contracts as opposed to 1 makes a huge difference when it comes to liquidity in ES, hehe.
and im STILL HERE, and getting better..actually that does have some bearing...considering the fact that most traders either blow up or go home after 6 months according to the "stats". Second of all I chose to have a small account for learning purposes. Some of you talk about account size, and how that affects performance. Not in the fx market where average daily volume is about 2 trillion dollars.
No, it's like getting a mouse or an elephant through your front door. Either one can be accomplished but obviously one is easier than the other. The elephant just needs a bigger door - i.e. more markets, more triggers, more time (in the day), more research, more planning, superior execution, and the list goes on. Why does Buffett take days/weeks to buy a position? It's kind of tough to put 2 billion into a stock.
well i dont remember all my months, but yes it is once of them. last year, jan, apr, and june were all good.
OK, fair enough. It does take some heart to make it in this business. But, you were the one that made the claim "i'm better than you", so you should expect some push back.