Average daily profit with $50K account?

[Bolimomo]

Quote from fcg007:

Is $300 - $400 a reasonable goal for an account this size?

All these discussions...

Is it possible to draw $300-$400 a day? Of course! You can have a lot of leverage if you trade futures.

Is it probable? Is it reasonable? That depends. How long have you been trading? For a beginner, it is highly improbable. The more experience you have, the more probable it becomes.

Account size is not that much of a factor. How well you can trade IS.

What is "reasonable"? One cannot answer that question without knowing the capacity of the subject involved.

 

[Trader666]

This from the one who projects his gay fantasies onto others in a lame attempt to defend Jack Hershey. What a pathetic loser

Quote from stock piker:

I'd imagine that anyone obsessed enough to stalk a guy for >6 years has got to be, uh, infatuated: http://www.elitetrader.com/vb/searc...=3314291&sortby=lastpost&sortorder=descending

But you're probably right. Stalking a guy for 6 years and 570 posts is probably normal in your family.

F^cking skieve.

 

[Trader666]

Saw what done? You post a bunch of gibberish and jargon and pat yourself on the back?

How about a live demo of you making your claimed 3X daily range under conditions where you can't fake the results of actual trades?

Or how about turning $10 thousand into $1 million in 100 days and posting updates on ET like you promised your former IBD group you would?

You claimed you do/would do both but neither one will happen. Why? Because you can't. Do you really think you're fooling anyone?

Quote from jack hershey:

So now you all can say you saw it done on a thread where posting more frequently than 60 seconds isn't technologically possible.

 

[crgarcia]

Quote from fcg007:

Is $300 - $400 a reasonable goal for an account this size?

If you are asking for DAILY profits, you will lose.

Guaranteed loses, or your money back!

 

[timcar]

I like Jack Hershey.

 

[Trader666]

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Quote from timcar:

I like Jack Hershey.

 

[NoDoji]

Quote from fcg007:

Is $300 - $400 a reasonable goal for an account this size?

Yes.

Does Jack Hershey provide valuable information? Yes.

Does it take effort to understand what he's saying? Yes.

Does it take effort to understand what Alan Farley and Al Brooks are saying? Yes.

You want to generate an average daily profit of $300-$400 with a $50K account?

Then put in some effort comprehending what these people say about the nuances of reading price action and profiting from it in whatever time frame you prefer.

I'm now unsubscribing.

 

[TraderZones]

Quote from NoDoji:

Yes.

Does Jack Hershey provide valuable information? Yes.

Does it take effort to understand what he's saying? Yes.

Does it take effort to understand what Alan Farley and Al Brooks are saying? Yes.

You want to generate an average daily profit of $300-$400 with a $50K account?

My opinion of your trading savvy took a major major hit today...

A short time ago, you said you were a learning trader. These above "yesses" shove you down to a startover, starry-eyed newbie.

 

[bigarrow]

Quote from NoDoji:

Yes.

Does Jack Hershey provide valuable information? Yes.

Does it take effort to understand what he's saying? Yes.

Does it take effort to understand what Alan Farley and Al Brooks are saying? Yes.

You want to generate an average daily profit of $300-$400 with a $50K account?

Then put in some effort comprehending what these people say about the nuances of reading price action and profiting from it in whatever time frame you prefer.

I'm now unsubscribing.

good luck on that NoDoji, I've been pulling for you. I could read War and Peace before I'd try and read JK's extensive posts. The man needs an editor that's for sure. Be careful switching methods , you're doing good. And you know the saying, if ain't broke don't fix it.

 

[Redneck]

Hersey’s stuff took me about an hour to decipher – like NOD said, and I've stated before - there is merit to what he posts...

The bitch of it is he uses a made up language to describe it – every time he posts about it…. to each his own I reckon


I may not like his ego/ obfuscating/ lack of risk management… but I will not ignore the truth no matter how unpopular



OP,

The answer is yes, and then some


Learn to trade/ manage risk – after that how much you make will be up to you…..


RN