YM Magic!
- Thread starter TheTrue1
- Start date
Is this with real money?
Thank you. And your standard is? What's amusing is...the slew of traders who follow some standard of parameters for trading. Yet the majority of them aren't profitable. Go figure...
Will do.
Please be aware of effect of commissions on such a small account.
You seem to be missing $98 on each PnL. Is that commissions?
Averaging 2 trades per day pay paying $98 per trade, is 50K a year!!
Im not sure if many traders can jump such a high hurdle.
Even paying $4 per contract is a lot for someone doing 7 contracts per trade and 2 trades per day, 250 days per year = 4*7*2*250 = $14,000 per year
$14,000 a year is also high for a $10,000 starting account.
Your broker will love you though.
You seem to be missing $98 on each PnL. Is that commissions?
Averaging 2 trades per day pay paying $98 per trade, is 50K a year!!
Im not sure if many traders can jump such a high hurdle.
Even paying $4 per contract is a lot for someone doing 7 contracts per trade and 2 trades per day, 250 days per year = 4*7*2*250 = $14,000 per year
$14,000 a year is also high for a $10,000 starting account.
Your broker will love you though.
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