Quote from JScott:
Why do you need such an exorbitant capital account to trade this strategy of yours? Huge risk profile? Large universive of stocks/options?
You can't make what you don't risk . . . unless of course it's not your money that you're risking. Hmmm . . . that would explain everything, wouldn't it?
Counter question: why does the US military need so many troops in Iraq and Afghanistan? To win the war maybe?
In trading I too need some reserves to win the trading battle.
I'm never risking more than 3% of the account value.
A trade is not finished until it's closed. Till then strategy gets applied, much like in real wars.
