The amount is only small or large relative to your account. If you are trading a million dollar account it is a tiny goal. If you are trading a $10,000 account it is a hefty goal. It's all relative and only YOU know if it's reasonable. In any case, good luck.
Amount allocated for this testing is only $25K and with 4:1 retail margin it's 100K and $50K overnight. but I don't keep overnights for this pilot project.
$10,000 account with 10X leverage is NOT a hefty goal it's expected. you need 85% accurracy to be worthy of being called 'professional' trader.
good luck with your goals; if you focus on trading "your" setups, maintaining discipline and stops, the money will eventually work itself out. and no affiliation with him, but john carter seems pretty good. i've heard him speak after reading his book (mastering the trade) and both are good.
Yes, he seemed like alright guy and not one of those gurus, have not heard anything bad either...yet.
OK, where should I begin? I'm no math wizard, but if you can make 50% returns PER MONTH, that's hefty. Without figuring in compounding that's 600% per year. THAT'S expected? Most of the BEST traders are only 50% accurate. It's not about how many times you are right, it keeping the losers small and the winners big. But what do I know?
the best traders don't stays as traders for long they move up on to better things. you know what i mean.