YM Magic!
- Thread starter TheTrue1
- Start date
Those are Collective2 screenshots, so most likely no. Also in the opening screenshots the column headers are slided one column away from the numbers, I am not sure why.
How are you trading live money with data delayed by 20 minutes? That seems a difficult task.
I must point you to the lack of logic in your post. Please explain the "difference" as you stated, in trading 10k of a 100k account, when the trader is only trading 10k, but has 90k in reserve. The fee off 100 dollars a day is 100 dollars whether you have only10k in the account, or you have100k and only trade with 10k. The number of contracts traded were not changed. 90k sitting in reserve does not change the 100 a day. How one would arrive at this conclusion is, well....insane.
Its called Risk of ruin.
Risk of ruin is a concept in gambling, insurance, and finance relating to the likelihood of losing all one's investment capital or extinguishing one's bankroll below the minimum for further play.
Obviously if you have 10K and high fixed overheads your risk of ruin is much higher than 100K.
Risk of ruin doesnt even have to be 100% loss of capital. Pretty much if you have 10K and you are down to 3K it is game over. You very unlikely to come back.
But going from 100K down to 93K or 90K is not a big deal, it is not ruin, it is a drawdown. You can continue.
I hope you are not paying $3 or $4 dollars a round turn per contract. If you are paying much more than this i would urgently change broker.
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You'd do well to close that and go short.
For real.
You would do well to close your short position.