but don't have a lot of it? say you have a small account (< $20,000), but you know how to make money. there must be some way you can use your skills to trade more money. should i trade other people's money? if so, how? would someone hire me to trade a fund? i don't know much about prop. trading...if that is another option. any ideas? thanks p.s. i want to be rich while i'm young, not when i'm 83 with a cane and 2 years left to live.
How much less than $20K ??? With 4:1 intraday margin , like on IB, isnt nearly 80K enough to trade with??? axeman
well, my timeframe is not usually round trip intraday...unless i get stopped out. usually my trades last anywhere from a few days to a few months.
all you need is 2,500 bucks and double it 9 times, and the rest of your money can be spend on whatever you fancy http://www.marcusgoodwin.com/onemillion.htm