Why 90% of traders burn out?

Discussion in 'Trading' started by fordewind, Jan 18, 2017.

  1. Handle123

    Handle123

    Those who have small $5k accounts don't realize that first 100% goes toward commissions, $4 buck fees adds up, do five trades a day times time 250 days is $5,000. Whereas swing trading is less trades since holding over a few days or weeks and going for larger profits. It is not any easier to learn, it is tough to trade before running out of money while you are learning. And it takes for some-like me, years/decades to find the tricks and still learning. Haaa LOL:rolleyes:
     
    #51     Jan 18, 2017
    Simples likes this.
  2. motif

    motif

    I agree. Realistically, you shouldn't even trade futures without at least a 50,000 bankroll. Traders are underfunded.
     
    #52     Jan 18, 2017
  3. I've found nothing like you said "Yeah, go on, be a hack for them. Moron. Have fun dealing with the folks in Dubai."
     
    #53     Jan 18, 2017
  4. Overnight

    Overnight


    "Step 3 - Get Funded

    Get funded between $15,000 to $50,000, with a profit split of 50%. If you have the talent we can increase your funding up to $1,000,000."

    https://mescapitalgroup.com/

    This is the second time I have referenced to you what you asked us to find that you quoted as being a prop firm that requires nothing, and now claim you have no idea about, which you are playing coy on.

    Talk to the hand. Read your own posts, and stop being a reverse-troll.
     
    #54     Jan 18, 2017
  5. algofy

    algofy

    Nonsense, pure nonsense. Day margin ES is 500 at most firms, another few thousand for some risk capital is all you need to start. 100k per contract ES???? Not for daytrading.
     
    #55     Jan 18, 2017
    Crashed likes this.
  6. algofy

    algofy

    Mes is a joke, they actually only risk 1500 on you.
     
    #56     Jan 18, 2017
  7. Overnight

    Overnight

    Yeah, no shit they are a joke. Here, try to contact them to find out what their deal really is.

    Here's the address...

    Jumeirah Business Center Tower, Jumeirah Lakes Towers, Dubai UAE. Snail mail or par avion?
     
    #57     Jan 18, 2017
  8. lovethetrade

    lovethetrade Guest

    1 mini contract per $50,000? That's very conservative.
     
    #58     Jan 18, 2017

  9. @Overnight,

    Read the conversation carefully again and again... What am I trolling here?
     
    #59     Jan 18, 2017
  10. algofy

    algofy

    @emg says minimum 100k per ES contract. SMH
     
    #60     Jan 18, 2017
    Crashed likes this.