Depends on your broker's margin requirements. If your system says buy 10 lots (of whatever, futures, fx, stocks). If you have enough margin available to easily buy 20 lots then you just double the size on every trade. The OP is using an arbitrary 1% risk. Any particular system will have its own margin requirements. Some maybe able to trade at 5%+ risk per trade. Others might not even be able to handle 1% risk without hitting margin limits, although that is pretty unlikely.
No offense OP but... Show me your trading for a month...and then we will start with real money? Your thoughts are out to lunch and just pure drek. I'm woefully stupider after reading this entire thread. Sorry but it's true.
So it was a bad idea for you to read this thread. That's the risk you take on ET. In traders terms: it was a high probablity risk.
Really? You aren't able to hit a puny 1.25% per week return on average? It's quite possible, especially with smaller accounts where getting fills (aka liquidity) is no problem. Ponzi scams usually promise ridiculous amounts like 50% in a week...but if you're not pulling in at least 10% per month on average as an active trader, you're doing it wrong. Also, you can risk whatever % of your account that you want. As long as your account equity stays >$25K you won't have any problems with day trading restrictions and get all option trading features such as writing naked options.
Hi I tried a PM to you...I have a simple system that works on paper..I have not traded it in any way shape or form..I don't have the $25,000 to avoid PDT....Contact me
You may want to reconsider scalping what do you care the strategy finding 5pct per month you're going to be in the 0.01 pct of trader elites. Euro, so you're non US you can trade practically commish free. Theres the edge scalping strategies available at 20 cents per thou that don't work at 3 to 5 bucks. And stay totally flat 90% of the trading day. Can't lose money when yr flat.
I'm interested to know why you think it's "essentially impossible"? What span of time are you measuring over?