With only $25k? Got to be the worst risk management shop ever if they would give someone 400:1 on $25K, which is what the poster said.
Is making a $100,000 a month prop/retail trading
- Thread starter sbn
- Start date
Whip it out and wag it about the room.
Some dude gets $5M buying power and buys $10K of XYZ one day, someone else posts a misleading news item on Reuters, the stock goes up $15 and trader cashes out. He looses $50k the rest of the month and has grossed $100k for the month
Sorry guys, typo on the daily $250k daily profit goal. I meant $25k per day on $25 million. 
With enough BP, I would think plenty of people could do 100k a month. The real question is how much BP would you need, and when would you reach the point of diminishing returns in that your account would be too big to day trade effectively.
Let's say 20% per year would be attainable. (I realize most ET'ers do that much per week, but humor me.) Let's round that off to 2% per month, because with that kind of dough coming in, you definitely will want to take some vacations. That comes out to $5 mill in BP to generate $100k per month, certainly a large number for most of us but not out of the question.
So if you had, say $2-3 mill, would you be willing to put 5 on the line day trading? Or would you say, I only need to get rich once. I'll settle for $50k a month.
Let's say 20% per year would be attainable. (I realize most ET'ers do that much per week, but humor me.) Let's round that off to 2% per month, because with that kind of dough coming in, you definitely will want to take some vacations. That comes out to $5 mill in BP to generate $100k per month, certainly a large number for most of us but not out of the question.
So if you had, say $2-3 mill, would you be willing to put 5 on the line day trading? Or would you say, I only need to get rich once. I'll settle for $50k a month.