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You wanted evidence of someone making 19% a month. This is why i mention schizo. I assume he makes at least $1k a month (as stated he made $1.8k this week alone) day trading 1 contract of the emini. AFAIK, you only need $500 day trading margin for 1 mini. So i can assume he only needs to have an...

Fine, i'm going to upgrade you by 10 fold to $50k which i don't believe,but what the hell. 36% on 50K is 18K. Again, it's not something you can live on. That chap schizo (for all we know has only $5k) is on course to make $90k, which is respectable. For you to do that would require $250,000. Do...

I don't understand why you are becoming so upset. Surely it is obvious that making 24% (or 36%) in a year on $5k is not a great achievement. I mean it is only a thousand dollars or so.

No, i quite like the course. Don't want a refund. Already explained in the thread i couldn't care less about $250. I would recommend it to you!

My mentor's views are more for those who have sufficiently sized accts. That's why he told me them. I seem to fluctuate between agreeing with him and disagreeing. Atm, due to the daily volatility in say the ES, i would favour day trading quite heavily. Otherwise you are stuck making a grand a...

But chubby, i control a 7 figure account! You can't compare running $5k with that. And losing years...pretty much everyone has them. A 4% loss in a year is not a big deal tbh. The $25k account i have kinda neglected..i might start that one up again since i don't want to lose the bet with my mate.

Look chubby, you need to wake up and live in the real world. No one cares about you making 20% or 36% on your $5000. 36% on 5k in a year is $1800 dollars. You probably spend 2000 hours a year doing this. You are making less than ONE DOLLAR an hour! $1800 profit in a WEEK is a respectable sum...

Use stop limits for entry. Otherwise, just chalk up the slippage to cost of doing business. Or you could try a different broker. Try two or more brokers, give them the same orders and see who consistently gives you the best prices.

Funny, i thought you said you made 3%-4% a month, rain or shine. You would clear at least 36% a month simple return a year, not 24% Or do you take a few months holiday?

You appear to have problems reading my posts. I repeatedly said 19% (or 24%, even i can't recall lol) on $5000 in a year is crap because it is works out to a mere thousand bucks or so. Your response was to quote some guy who made 15% on BILLIONS which of course is very good. THERE IS A BIG...

i make it 32.75, not 34.25. Very good though...well done.

Spending 1000's of hours a year to make 24% on $5k, yes, waste of life.

you have to look at the payoff, not just the chance of success. also, odds change. the odds of my next door neighbour being a elite athlete are zero right now. however if he started training, losing fat , gaining muscle, his odds creep up. same thing in trading, the newbie has zero chance...

24% a year on $5k for active trading is crap. About $1200 a year. What a waste of life. The opportunity cost is very high. 24% a year on $10 million is very good. $2.4m a year.

There's a thread on the forum by schizo, a very good trader no doubt, where he is attempting to make $300 a day, daytrading pretty much the whole day. IMHO, he needs to increase this target to an average of $1k a day for the days he will be trading otherwise he's not being adequately...

.... if your acct size is only $5k, then you should be averaging 19% (simple) a month minimum! That's not even a thousand dollars a month! If you can't do that, then forget trading*, the light is not worth the candle**. * we're not talking about investing, but active trading ** this means you...

So what is the need for new kelly or for proprietary kelly? Just recalc the new win rate and distribution, and stick it into excel...out pops the correct kelly fraction.

Yeah, that's kinda funny ....and rather sad too.

19% a month is not impossible. On small $5k accounts, you can make 100%+ a month. I'm not talking compounding at 100% a month, just simple return a month.

FTSE futures prices.