thousands option trades often with trades of 50-100 lots or more at a time with IB, never had any problem.
What's more if you divide your portfolio over many accounts you won't have the same flexibility as you are in risk of getting problems with de PDT-rule if you close and open positions too frequently on the same day. Neither will you be able to hedge properly with the underlying for the same reasons or you won't have enough margin.
people like sss probably haven't done any real trades with over 10 lots, his speciality is legal discussions with the SEC about his contests with papertading accounts ...
1.You are right .Better to win contest prize money until 100000$
without risk,commission and through germany law without tax (another case until 40-50%)
That have alsov advantage ,if operator play with real money ,which solely won in contest ,this can not loose any
cent of capital ,only prize money.
In worst case scenario this operator would better as 90-95%
of another retails ,which would loose through years.
2. ...What's more if you divide your portfolio over many accounts you won't have the same flexibility as you are in risk of getting problems with de PDT-rule if you close and open positions too frequently on the same day.
90-95% of all retail operators would loose through years
Very good attempt to loose -operativ .legaly,technical shut down &
concetrate all capital in one account
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3...his speciality is legal discussions with the SEC about his contests
Yes , will avoid complaint about real money account with each prize ... For real money account ,multiple brokers ,all public noted ,
all pure agent of principal - AMTD ,OXPS ,SWIM
More of them author have had conflict with Etrade(prize money) and SWIM (money transfer )
4. ... Not forget -That teaching of Adam Smit and follovers related to Lokk "Treatise to goverment" ,which is plagiat from Aristotel -"... Slave must be"
They are broadly (99.9%) pressent in retail sector
Trading can not answer classical question of greek filosofy
" How to have satisfaction from life ?" .This question is more
important ,as question -How to make business? How to be trader ?
Quality of life in France is incomporable better as in USA
Rene Fleming ,USA native oper soprano
(today resident in Paris )
Better good eating (Brillat Zavarin -french diplomat ,Physiology of the taste ),attractive female
Delamain with friends
Will drink Delamain with friends this time ,have won some prize
http://www.youtube.com/watch?v=NPkzQJo9ByE