Opportunity for traderGOD?

Discussion in 'Professional Trading' started by truetype, May 15, 2018.

  1. padutrader

    padutrader

    how do i go about it
     
    #11     Apr 18, 2019
  2. padutrader

    padutrader

    with 10000 usd and no margin you can only trade stocks of less than 100 usd price.....am i correct
     
    #12     Apr 19, 2019
  3. padutrader

    padutrader

    do you think that amount is good enough to intraday stocks?
     
    #13     Apr 21, 2019
  4. padutrader

    padutrader

    to make 500 usd with only 10000usd you have to be the world's greatest trader
     
    #14     Apr 22, 2019
  5. padutrader

    padutrader

    made 32 usd yesterday so seems impossible to qualify for the 14000 usd
     
    #15     Apr 23, 2019
  6. themickey

    themickey

    5% profit over 5 days, 1% per day.
     
    #16     Apr 23, 2019
  7. padutrader

    padutrader

    without leverage that kind of returns are absurd.....I made a third of that
     
    #17     Apr 23, 2019
  8. themickey

    themickey

    Not true padu, 1% is a very achievable daily return on account size, I do this frequently, with no leverage, today I exceeded that. The trick is being able to do this consistently with small drawdowns because it depends on how the market is behaving for your style of trading.
    I mentioned mo06's journal previously, this guy is knocking it out the park quite consistently, however going thru his journal, a couple of times he's been smacked so hard he's stopped trading at times for some months in order to recover his nerve I think.
    5% for a week under good conditions is do-able, but you need a bit of luck on your side regarding the market smiling at you.
    Here's a journal entry of mo06 doing 5.23% for 2.5 days of trading.....CFD's I believe.

     
    #18     Apr 23, 2019
    padutrader likes this.
  9. padutrader

    padutrader

    5 under par is achieved all the time by golf pros: I only played under par once in my life.

    so possible is possible just how difficult it is I know
     
    #19     Apr 23, 2019