golden nugget (rising from the dead) for any with eyes to see
Market Making for dummies;
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Advice on how I should Raise Trading Capital?
- Thread starter zghorner
- Start date
golden nugget (rising from the dead) for any with eyes to see
Market Making for dummies;
Is this thread even Legit?
Seriously, show your accounting records or any proof you even had 140K to start with and lose.
How does an average Joe....failed trader....even come up with $140,000 to gamble to trade and bet on options.
If you said around 30K or 15K or 6K or 4K, instead, that would seem more real.
Anyone clever enough to even have 140K in the first place wouldn't be stupid enough to head off to Vegas with it.
Seriously, show your accounting records or any proof you even had 140K to start with and lose.
How does an average Joe....failed trader....even come up with $140,000 to gamble to trade and bet on options.
If you said around 30K or 15K or 6K or 4K, instead, that would seem more real.
Anyone clever enough to even have 140K in the first place wouldn't be stupid enough to head off to Vegas with it.
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It's all too real.
Your doubt is more about you than the reality of beginner traders failing to survive due to failed logic, poor risk management or lack of discipline.
Emotional impulsive trading is the final bozu for many.
Yea bud...im on a trading site...bragging about losing imaginary money...
"pRoVe yOuR LoSsES" lmao thisfuckingguy....
Why should they? You don't provide what you demand from others.
ES is good for 50 lots.
3 points * 50 lots = $7500 a day * 250 days, = $1.875 million a year
So everyone should be pulling out almost $2 million a year from the ES with ease?
Even trading with just 10 lots per trade, 3pts per day, would be almost $400K a year.
In reality hardly anyone can do it, prices are pretty random and choppy most of the time. Lots of losing trades to be expected as well as profitable ones.
In hindsight it always looks so easy, but when the next bar hasn't printed yet, it is not so easy to predict what color it will be.
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But if you have enough to trade 50 ES lots, I don't see why you'd come here to ask advice about raising more capital.
A trader will never reach that Two million/year milestone by just attempting to throw blind trades out there, guess, Scalp, seize winners/cut losers, etc. etc. and everything else that sounds easy and sexy in a book or course or video, in hindsight.
Prices and movement are not so random, if the trader knows and senses and see's the overall chart line movement for the day,
The wise trader....would need to truly understand the market, and have reasonable expectations, and ride that full daily wave for all its got. Understanding, and having expectations, assumptions, and a healthy hypothesis...so you know when to reasonably strike, and when to close.
It can be done, it's not a fantasy, sci-fi, dream, scenario to reasonably know and foretell and sense and trade the future,
You need a dynamic, malleable, mind with gelatinous expectations,
Trading daily can be part art, part science -- Mrs. Market has its moods and deviations, but those generally are anomalies,
Consistency and understanding and trade management, overall, will win and persevere in the longer run and so will the money,
Two million/year is possible, and even probable....with the right mind, right person, right soul, right trader,
Hell, if you solidly have all those four things above...you'll, rather, easily, surpass two million a year,
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But if you have enough to trade 50 ES lots, I don't see why you'd come here to ask advice about raising more capital.
You only need $20,000 to day trade 50 lots with a broker like AMP, although starting with $50K would in reality be the minimum to provide a cushion for any initial losses.
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Do you make $2m a year trading?