Is making a $100,000 a month prop/retail trading

agin1415 · Jan 4, 2006

Quote from optioncoach:

If you had $10,000,000 in buying power it would be quite possible.... $1,000,000 in BP, highly unlikely. Of course with $10MM in BP you would also have some bad losses....

I have done it on a Demo Program, just for kicks, I had the software department place 10 mil in the account, and I demo the program live for customers, very impressive, and not that hard.

Fearless trading, and just averaging in to the trade if you are wrong on the entry. It would have worked great on the Euro Today.

But then again, nobody is going to give 10 million buying power unless you have One Million in your account.

Dustin · Jan 4, 2006

Quote from agin1415:

But then again, nobody is going to give 10 million buying power unless you have One Million in your account.

There are prop firms that give you this much (or more) for $25k.

El OchoCinco · Jan 4, 2006

Could you please tell me which prop shop give you 400:1 buying power and in which part of Disney World is their offices?

Quote from Dustin:

There are prop firms that give you this much (or more) for $25k.

Paccc · Jan 4, 2006

I guess those guys dont join online forums, haha.

Quote from Choad:

Why is it aways "I know a guy...?"

And never "Yeah, I do it every day...?"

taclander · Jan 4, 2006

Quote from sevenfirs:

I know someone personally who trades several markets, ER2, YM, ES, Euro and GBP using tick charts and makes in excess of $10k on daily basis. He never mentions any figures but I can more or less work out the type of money he takes out of markets. A truly gifted and a very humble man!
Having said that I can't trade using smaller time frames, I get slapped about.

Happy trading!

I think I know of the person you speak, or at least someone similar in those markets, although didn't know he was doing GBP now also. I think he or one of his employees used to post here on occasion.

Bullet · Jan 4, 2006

Quote from sbn:

Hi,

This thread is for everyone.

The question:

Is it possible to make $100,000 a month prop./retail trading, on a daily basis, without holding overnight positions?

Regards.

Yes.

Ebo · Jan 4, 2006

Quote from riskarb:

ET reaches the pinnacle with this thread.

Close, but we have delved into deeper piles of dog feces.
It's the usual PISSING contest.....with the usual characters.

I love you guys!

Dustin · Jan 4, 2006

Quote from optioncoach:

Could you please tell me which prop shop give you 400:1 buying power and in which part of Disney World is their offices?

If you are a profitable trader with a firm that pushes an OPG strategy, they will extend this kind of BP...how much depends on your track record and how long you've been with the firm.

Urkel · Jan 4, 2006

Quote from sbn:

Hi,

This thread is for everyone.

The question:

Is it possible to make $100,000 a month prop./retail trading, on a daily basis, without holding overnight positions?

Regards.

Yes it is possible to consistently make 100k/month prop trading. How to get there is the question that you should be asking.

lilduckling · Jan 4, 2006

Quote from sbn:

Hi,

Is it possible to make $100,000 a month prop./retail trading, on a daily basis, without holding overnight positions?

Regards.

yes...... there have been cases of someone making that much .... some even claim 400k / month.

There is some pootage of such.... but the footage is very gainy and some challenge the authenicity of it. Some claim to have found the prints...........