WHAT can be done? Who are you talking to? You asked " what is the maximum mathematically possible daily profit"?
Answering this question is part of becoming a trader, otherwise i would have never posed it. You dont believe me because youre not at that level yet. Youre boring me, anyone else? Im looking for a certain type of thinker. There are a couple of people in this thread showing promise and if they approach me the right way i may start dripping them the information. Or i may not thats totally up to me, if you dont like it that is too bad, i dont even know you and could care less.
It is going over your head due to inexperience. Im sorry man im not going to hold your hand through this process. Youre an adult
For starters, stop watching mad money. Stop looking for others to solve things for you. You will have to take matters into your own hands. If youre too lazy to do so then you dont deserve to become a trader. Its that simple
You never answered the question because you do not know the answer, as there is none. Think outside the box, man. Got ya'.
Egoistic laziness is at the root of failed attempts. Try this, look at yourself in the mirror and say, I am not a trader. Do this every single day to help keep your ego at bay, because it is the truth, you are the fraud until you stop pretending and get to work... making demands like we owe you something. If you cannot handle this profession get out the kitchen or play your cards right, befriend self proclaimed traders hoping that they are the real deal, even if you get scammed a few times, maybe you will get lucky. Its either that or never making it. But with this attitude no one will be giving you a damn thing
Figure it out yourself via extreme work ethic If you dont believe in yourself find a mentor If you get scammed over and over and never make it then it just wasnt meant to be. Do something else. Ive already listed legit mentors that offer the truth although vaguely. I have a team and am always looking for talent, but most dont qualify we are picky, we dont tolerate entitled lazy attitudes. We will make you work, and will cut you at the first sign if bratty entitled lazy behavior.
So you have finally revealed yourself. You are surfing the web looking for people to add to your organization. Your question was a ruse. Who the hell wants to work with an organization that posts a help-wanted ad under a cloud of smoke?
I will try this one. Supposing that "var" is the tradable (in a way that slippage and other factors can be disregarded) total percentual variaton of price in a day, the maximum percentual daily profit is given by the formula: ((e^log_2((var*500/100)+1))-1)*100 It seems to show that at maximum leverage is better get 2 times x% profits than 2x% profit at once, and even better 4 times 0.5x% profits, and so on, but I may be wrong.
For example, in a day with total tradable variation of 1%, it would be possible to obtain about 1226% profit at 500x leverage. For a 3% total day, 5360% profit is virtually possible.