Scalping for 4 ticks; mangement?

Discussion in 'Trading' started by SPT, Feb 19, 2015.

  1. SunTrader

    SunTrader

    Well other than buying a $1 lottery ticket that turns into a $10 million winner the fastest way to make money gambling trading, is to ... start with a big account and make it bigger.

    If you are going with probabilities and not just hope and a wish.
     
    #91     Feb 25, 2015
  2. Turveyd

    Turveyd


    If I had a big account, I'd of lost it, plain and simple, it's a trap, they want newbie's to start big, blow it and walk away, total con well done for falling for it, thanks for your money!

    Trade on Demo, then Micro account then move up to the big league if you have the $$'s to do so.

    I haven't, so small and growing, I started with $150 many years ago ( $50 margin requirement ) and now I've got 6K and all the years of experience mean hopefully by the end of the year I should have 60K.

    No Gambling required!
     
    #92     Feb 25, 2015
  3. SunTrader

    SunTrader

    We all have our opinions.

    Demo, other than learning the trading platform (which can be done in an hour or two at most), is a total waste.
     
    #93     Feb 25, 2015
  4. Turveyd

    Turveyd


    Hence going Micro account, i went Mini.
     
    #94     Feb 26, 2015
  5. Visaria

    Visaria

    try for the brass ring...take your 6k and turn it into 600k!

    can be done..although you may have to top up the 6k a few times!
     
    #95     Feb 26, 2015
  6. Turveyd

    Turveyd


    40k is about the highest margin requirement for the biggest lot size i can trade, not running multiple positions, or leaving more at the broker.

    From there everything s taken out as a nice wage :)
     
    #96     Feb 26, 2015