I am ready!
- Thread starter ES Shooter
- Start date
a minimum to open a futures account should be $500K. that is still consider small. Average $1-5 million. And why, because of the high leverage in the futures market. futures market is not made for small traders. Only made for big traders and institutional. This is what happen when small traders trade:
http://www.elitetrader.com/vb/showthread.php?t=278093
Here is another interesting research paper small traders just lose:
Do Day Traders Rationally Learn About Their Ability?
http://www.usc.edu/schools/business/FBE/seminars/papers/F_12-9-11_ODEANpaper.pdf
80% of small traders lose within 2yrs while the remaining 19% lose after 2 years.
Only 1 % makes money day trading.
More than 90% of small traders lose! They just lose!
If its a fact its a fact then. The only thing that I will disagree with about that study is they factored in Asia. Here is my problem with that
Macau has casinos, the casinos are so crowded that people will bet behind your hand at blackjack. So far this is fine, but here is the problem. You have 19 showing in your hand. The dealer has a 6 showing. You say stay but one of the random people betting behind your hand wants to hit, they say hit and the dealer gives you a card and you bust out. I have never seen this in an american casino.
Macau has casinos, the casinos are so crowded that people will bet behind your hand at blackjack. So far this is fine, but here is the problem. You have 19 showing in your hand. The dealer has a 6 showing. You say stay but one of the random people betting behind your hand wants to hit, they say hit and the dealer gives you a card and you bust out. I have never seen this in an american casino.
u don't have to believe. just trade and keep reloading your account.
The 1% day traders make money came from a respected house:
They learned from the top.
Good luck! Don't give up and keep reloading your account in the next 10 -20 years
You must be really good with the search engine "Ask jeeves"
How much spare time in your life do you have that you can scour the internet looking for shit to post that goes against anyone trying to trade. You come off as the typical A hole that tells people that they need to go to college if they are ever going to be a 1%er. That is great if you want to be a doctor or lawyer. There are many smart people out there that have done quite well without a college degree. I could go and ask jeeves for you but you seem to have quite a handle on that.
Have not blown up yet A-hole, Pray real hard when you go to bed that I blow up. Better yet, cross your fingers, have your dog lick them, then sit down on them real hard. Oh and make a wish as you do that "Oh please them him blowup so I know im right"
How much spare time in your life do you have that you can scour the internet looking for shit to post that goes against anyone trying to trade. You come off as the typical A hole that tells people that they need to go to college if they are ever going to be a 1%er. That is great if you want to be a doctor or lawyer. There are many smart people out there that have done quite well without a college degree. I could go and ask jeeves for you but you seem to have quite a handle on that.
Have not blown up yet A-hole, Pray real hard when you go to bed that I blow up. Better yet, cross your fingers, have your dog lick them, then sit down on them real hard. Oh and make a wish as you do that "Oh please them him blowup so I know im right"
u don't have to believe. just trade and keep reloading your account.
The 1% day traders make money came from a respected house:
They learned from the top.
Good luck! Don't give up and keep reloading your account in the next 10 -20 years
$100K investment, u should open a subway sandwich franchise:
lower initial investment at subway sandwich is $116K. At least the odd of making money running a franchise is higher than inexperience day trader never worked in the house day trading with an initial investment $100K.
Day traders are for people who worked in the house for more than 10 years and not for small traders unless small traders day trading out of entertainment joy.
Ok, obviously your pretty dull. Learn to read for context, I have stated earlier in the thread that I am going to put 250-300k into a account later this year or early next year.
Im going to go out on a limb and guess the market shitted on you today and you are going to take it out on people on a message board.
Make some market calls baller!
Im going to go out on a limb and guess the market shitted on you today and you are going to take it out on people on a message board.
Make some market calls baller!
reload after the first $80K loss. Everything is all planned out in the next 2 years
and after 2 years, u bust.
Whats up emg? covering that short? Hell im just typing away surfing the net since im long