Switching from "House money" to my own money

Discussion in 'Professional Trading' started by KILLINIT, Dec 1, 2005.

  1. This site is beginning to look like ElitePiker.com:D
     
    #21     Dec 2, 2005
  2. magicz

    magicz

    If I was him I would take all of these comments as challenges to my man hood and "killinit" in the market.....:mad:

    don't talk the talk if you dont walk the walk...goodluck!!!
     
    #22     Dec 2, 2005
  3. Challenge? Somebody with $6K to trade should instead just get a "real" job instead of screwing around with this daytrading bs.



     
    #23     Dec 2, 2005
  4. Hey....who are we to tell this guy what he should do. He's got 6k, believes he has an edge, and wants to take a shot. There are many stories where many have done more with less, I say give it a go while you're still young. While it will be tought to do, It can be done. Good luck!

    On a side note, I believe that 50 to 100k is ample capital for most professional traders.
     
    #24     Dec 2, 2005
  5. KILLINIT

    KILLINIT

    Geez, alot of you guys seem like you got a huge chip on your shoulder, not enough lovin at home boys? 120grand in buying power is ample for what i do.
     
    #25     Dec 2, 2005
  6. u130747

    u130747

    I may be dumb, but how do you get 20:1 margin?


    I thought it was 2:1.


    Call me stupid
     
    #26     Dec 2, 2005
  7. KILLINIT

    KILLINIT

    series7, series 55........ you know 50 to 100 grand would be nice to start with i just can't wait that long. If i blow out in a month then I'll just have to get a real job? I'll keep you guys posted
     
    #27     Dec 2, 2005
  8. Killinit gettin killed. Classic trader hating on trader. Love it , keep it up.
     
    #28     Dec 2, 2005
  9. esmjb

    esmjb

    120g's in buying power does sound like plenty but 6g's in capital honestly doesnt give you a whole lot of wiggle room. you're not giving yourself the best chance to succeed with so little capital.
     
    #29     Dec 2, 2005
  10. u130747

    u130747

    how do you get 20:1 margin?
     
    #30     Dec 2, 2005