Beau, on another thread people are all upset that NoDoji is pulling $90,000/yr out of $10,000 trading oil futures. Assuming that we trust NoDoji, scaling this up, I say $450,000 is possible for you in one year. That's if you're scalping. $4,000,000 might be possible in 2 years, but not with your trading style. You'll draw down to 0 long before you hit 8 figures. The numbers you're suggesting sound like a delusional dream. Please, prove me wrong.
Whose claiming to do it with stocks? Me? No, I doubled my money with a gold cfd. $2 of margin allows me to trade an ounce of gold.
I have the models. You haven't ever posted your equity curve backtests, which proves I know more than you about trading. Really I'm the only one on this site that posts equity curves.
It wasn't directed at you. CFD's look extraordinarily expensive as a US Investor who has better alternatives.
Why? I can duplicate the price/performance volatility of NoDoji 1000 barrel oil contract with 50 gold contracts. This is a $100 margin requirement instead of $4000 that she requires. What expenses are you refering to. The 50 cent per ounce fee I pay? So, I would pay $25 to trade 50 ounces of gold, total, both sides.
There is a World Cup for futures trading? I've been trading for 20 years or so and never heard of it. Is it a trading contest using real capital or just simulated game?