The Emini Mastro taking a $1,500 side account to $1M in 14 months

Quote from Emini Maestro:

Sorry gentlemen, and the rest of you, I mistook Elite Trader to be a place where successful traders assembled online.
It's also a Web-site for aspiring traders and people for whome trading is a hobby.

Quote from Emini Maestro:

If I wanted negativity as the norm in the people I associate with, I would visit my local homeless shelter. This place is death.

Don't let the minority who make sure to vocally doubt and smear every reasonable thing they read distract you from this journal.

Don't feed the troll
 
Quote from Lawrence Chan:

p.s. taking 5k to 1 mil is not that difficult. taking 1.5k to 1 mil is. and he is now 4k strong =)
Why is $5k such a magic number? Is it somehow based on the probability of a "blow-out" while trading a single contract?
 
Who did you expect to attract with a thread title like this? You were practically BEGGING to be harassed.

Quote from Emini Maestro:

Sorry gentlemen, and the rest of you, I mistook Elite Trader to be a place where successful traders assembled online. It is not, and I will waste no more time here. If I wanted negativity as the norm in the people I associate with, I would visit my local homeless shelter. This place is death.
 
Quote from LeeD:

Why is $5k such a magic number? Is it somehow based on the probability of a "blow-out" while trading a single contract?

With 500$ margin, there are 3.5k to blow with a 5k account.

If the account is meant for daytrading ES and some absolute edge is used, then the account has 3.5k / $50 = 70 ES pts to blow.

That is just enough for more than 30 trades with 2 pt stop, to realize the statistical bias in the system/model.
 
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