If you're 3:1 with $5 in fees roundturn, trading 1 contract, you don't need 100k or even 10k.
??You can only scalp if your commissions zero,whatever system is.
Why 90% of traders burn out?
Burnout? Heck, I've been doing this for 40 years and am ready for the next 40!!
I guess if you know what you're doing, you won't run into the causes of burnout.
??
How much do you get paid to post and promote day trading all over the internet? $1 for each post? You should get a job at McDonald's, so you would then at least be doing something good in the community, and you would surely sleep better.How much you get paid to post and promote day trading all over internet? $1for each post? You better get a job in MacDonald, at least you are doing something good to community and make you sleep better.
??Stick around for a while.You`ll eventually figure
Maybe he could get a job at a bucket shop.How much you get paid to post and promote day trading all over internet? $1for each post? You better get a job in MacDonald, at least you are doing something good to community and make you sleep better.
What is your risk/reward in your strategy?I have a strategy that costs end up higher than my net profit (for example 11k costs and 4K net profit after costs on a 1 lot) month in month out but it works much more than it doesn't. This is also a borderline high frequency strat trading 150+ times a day.
Would you consider this strategy not usable if it churns out allot of costs but also regular profits?
And if you do think it's usable, this is why I don't like blanket statements like "only 10% net capital in costs".