Where are the loss statistics ? Just because someone make something up doesn't mean it's true.
Is day trading worth it?
- Thread starter Laissez Faire
- Start date
Where are the loss statistics ? Just because someone make something up doesn't mean it's true.
Are you talking about yourself here or...? Just asking
Yeah it's my world, bugger off!! leave me alone to rant LOL
Are you talking about yourself here or...? Just asking
I am talking about Deutsch bank, barclays etc. They have stated nothing about losing money. I have not stated my losing money either.
Here's a trade that was started in Note's Journal thread. That thread appeared to have died a premature death with both the trainee and trainer going AWOL - how dreams die ... sigh. So, I will carry on with the trade here.
I have increased the exposure on the trade in expectation of the trade making the final leg of the move. As it stands currently, the trade is worth 5%+ account growth. Anyone sane would have taken the gain. But I am too greedy and looking for more. The only risk I see the trade facing is the EU QE bullsh*t. But nothing ventured, nothing gained. Livermore once said, it's the sitting ...
I have increased the exposure on the trade in expectation of the trade making the final leg of the move. As it stands currently, the trade is worth 5%+ account growth. Anyone sane would have taken the gain. But I am too greedy and looking for more. The only risk I see the trade facing is the EU QE bullsh*t. But nothing ventured, nothing gained. Livermore once said, it's the sitting ...
Last edited:
Yeah, I'm not surprised. After hearing about him, I looked at the trade records he posted on his site and they made no sense. I had no idea what his trading tactics were from looking at those trade logs. Usually I can tell right away what someones basic tactics are if I see a few trades. But there was no logic to his trades and there were really strange discrepancies that just made no sense to me.
Scaleout.Scalper
Guest
Yeah. My first impulse on anyone showing of their track records, usually just garbage.
That is correct, in this business the correct attitude is guilty until proven innocent.
How much $ would you guys say would be necessary to fund a high risk day trading account to trade one lot ES?
I have some excessive capital from a very successful swing trade I took on that I might be interested in putting into a day trading account.
I believe I had a good thing going with the ES, but the difference from my prior approach will be that:
- I won't attempt to 'trade for a living'
- I won't have to withdraw the cash
- I can have the capital in that account for years
I'm thinking that ideally I should have at least $5000 per contract, but I don't think I have more than $3000 to spare at the moment as I want to continue swing trading as well.
I have some excessive capital from a very successful swing trade I took on that I might be interested in putting into a day trading account.
I believe I had a good thing going with the ES, but the difference from my prior approach will be that:
- I won't attempt to 'trade for a living'
- I won't have to withdraw the cash
- I can have the capital in that account for years
I'm thinking that ideally I should have at least $5000 per contract, but I don't think I have more than $3000 to spare at the moment as I want to continue swing trading as well.