The Elite Trader's Account Size

[trendo]

Quote from day7793:

These people are small time fry traders.

You can trade fries? Is that a CBOT product? Ethanol play? I would imagine it correlates well with Mickey D's.

 

[HedgefundTrader2]

Quote from Cocaine:

Which is why scalping is a great way to make money, I constantly free up my capital to take advantage of new opportunities intraday. While you are posting on here about all the "gloom and doom" and holding your positions well into the red, I've just made 5 trades and netted $700. Do this over over and over again and then you'll understand how one can trade with 10K and produce 177K.

Oh, and my weak #'s are nothing compared to some of the big hitters on this board but since you asked me to "answer the damn post" I did. Sorry you dont like my answer but tough shit.

Go make your millions on paper and do not bother us.

I have little respect for a guy scalping all day sitting in front of a monitor like a Pavlov's dog.

 

[Reaver]

Quote from day7793:

Go make your millions on paper and do not bother us.

I have little respect for a guy scalping all day sitting in front of a monitor like a Pavlov's dog.

If he's making money as a trader, that's what I respect. I don't give a shit how he does it. Neither should you.

Are you trying to say his profits don't count because you don't like the way he's making them? LOL

 

[MandelbrotSet]

Quote from day7793:

Go make your millions on paper and do not bother us.

I have little respect for a guy scalping all day sitting in front of a monitor like a Pavlov's dog.

Then why are you here?

You have no respect for over 90% of the posters ...

 

[HedgefundTrader2]

Quote from Reaver:

If he's making money as a trader, that's what I respect. I don't give a shit how he does it.

There are lot better and safer ways to make money in markets. Learn Options strategies and use them to your high probability trades that donot depend on watching that monitor tick by tick like a Pavlov's dog and barely making it.

You make decent 5-10 % returns a month, which is a significant sum giving you 100% plus returns a year and more.

 

[MandelbrotSet]

Quote from day7793:

There are lot better and safer ways to make money in markets. Learn Options strategies and use them to your high probability trades that donot depend on watching that monitor tick by tick like a Pavlov's dog and barely making it.

You make decent 5-10 % returns a month, which is a significant sum giving you 100% plus returns a year and more.

Weren't you paying attention to Cocaine's post?

Skilled daytraders can make 50-100% in a month.

The increasing leverage has the effect of decreasing the time it takes to generate good returns ... of course it also requires an increase in skill, but those who manage that are amply rewarded.

 

[turkeyneck]

You may as well ask them about their "shoe size" and see if you'll get an honest answer.

 

[sunggong]

Quote from day7793:

There are lot better and safer ways to make money in markets. Learn Options strategies and use them to your high probability trades that donot depend on watching that monitor tick by tick like a Pavlov's dog and barely making it.

You make decent 5-10 % returns a month, which is a significant sum giving you 100% plus returns a year and more.

Perhaps open your eyes a little.

Highly-skilled scalpers make money just about every single day.

I don't know what your account size is, but there are people out there easily making $20k or more every single month using their $25k account. Can you say the same with your trading method?

And of course some of the well-known scalpers on this board make well over $500k per year, using larger buying power.

I wouldn't talk bad about scalpers at all when you are the one sitting on a crapper, down 35% already for the year when many of these scalpers are already well over 100% positive on their accounts.

 

[overspool]

The goal in trading is profitability, anyone who has issues with how someone gets there clearly has deep rooted pride/ego issues and needs to feel they are "right" or better than someone.

 

[shortie]

Quote from turkeyneck:

You may as well ask them about their "shoe size" and see if you'll get an honest answer.

16E ("E" is for Wide)