Oooh, you know a lot of great traders, and they even show you their systems so that you could compare them...
Do you believe yourself what you post here?
ROFLMAO
what is the maximum mathematically possible daily profit
- Thread starter AttoCEL
- Start date
Oooh, you know a lot of great traders, and they even show you their systems so that you could compare them...
Do you believe yourself what you post here?
ROFLMAO
In general new traders over estimate what is realistically possible for a newbie.
I remember back when i started out in 1999. I thought i could/would consistently make $500 a day from a $10K account
, so like $100K a year, or 1000% return.So i don't think new traders have a limited mentality, more like they have their head in the clouds.
Last edited:
Are you trying to use an elegant vocabulary to sound smart or something? You lost me at incumbent
At the outset, let me put forth the fact that I am not a very smart trader.
Are you looking at 500:1 leverage?
I initially thought it was 1: 500 leverage.
Anyways with 500:1 leverage, the maximum profit is 0.0002% per day in my style of trading.
I understand that my style of trading is not the question. But the mathematical possibility is.
If you make 1% on a typical day, it is 1% upon 500.
Are you looking at 500:1 leverage?
I initially thought it was 1: 500 leverage.
Anyways with 500:1 leverage, the maximum profit is 0.0002% per day in my style of trading.
I understand that my style of trading is not the question. But the mathematical possibility is.
If you make 1% on a typical day, it is 1% upon 500.
Last edited:
As there was such a thing. Your question is similar to: How many fish can the best fisherman catch on his very best day when everything goes in his favour?
I did, and this is a trick question. OP wrote between the lines with lemon ink, visible only if you print his post and warm the paper up. His real question is: What is the meaning of life?
The correct answer obviously is: Asking inane questions on ET.
What REAL traders are interested in is: how much can I make consistently long term?
So exactly the opposite of the question from OP. One day lucky shots will never give any real idea of what you can expect in the long run. Systems should be consistent long term runners.
OP showed by his question where he is as a trader. He is at the newbie level.
So exactly the opposite of the question from OP. One day lucky shots will never give any real idea of what you can expect in the long run. Systems should be consistent long term runners.
OP showed by his question where he is as a trader. He is at the newbie level.