YM Magic!
- Thread starter TheTrue1
- Start date
How so? please elaborate?Numbers aren't jibing???:
C2 dont seem to have realistic margin requirements.
No one can follow you with a 10K account.
You often trade out of hours where in real life you can only trade 1 YM lot with 10K of margin.
So you need to stop all out of hours trading on anything more than one lot for a start.
And in hours, with someone like IB you can only trade 3 lots with a 10K account.
So your followers would be limited to only those brokers that allow $500 dollar intra day margin on futures.
Realistically your followers need a 25K to 40K account to follow you based on your trading pattern to date (you traded upto 10 lots in hours, and up to 5 lots out of hours).
No one can follow you with a 10K account.
You often trade out of hours where in real life you can only trade 1 YM lot with 10K of margin.
So you need to stop all out of hours trading on anything more than one lot for a start.
And in hours, with someone like IB you can only trade 3 lots with a 10K account.
So your followers would be limited to only those brokers that allow $500 dollar intra day margin on futures.
Realistically your followers need a 25K to 40K account to follow you based on your trading pattern to date (you traded upto 10 lots in hours, and up to 5 lots out of hours).
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Point taken Mr. Southall.
Adjustments have been made.
Trading 3 contracts intraday henceforth.
No out of hours trading henceforth.
The 25% return is after deduction of all commissions and charges. Please check the account statistics details. The tab is located under the chart. Raw account value is 14,735. The profit factor includes all deductions. Also, the new subscriber fee is $100.
IB margin requirements for 1 YM contract:
Out of hours: 6438
In ours: 3219
You can trade out of hours if you want to, but only 1 lot at present, when your account is over 13K then you can trade 2 lots .
Same with intraday, when your account hits 13K you can trade 4 lots.
But if you start losing money you would have to drop back down to 3 lots again, then down to 2 lots if your paper trading account falls to 6.5K.
What you cant do is increase size when losing.
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You are welcome too check my statistics. Calculate the PF. And post it here.Numbers aren't jibing???:
So you are providing stats ONLY for each week individually here, and not the cumulative stats. Individual week-only stats are nice to some, I guess. But I think most would be interested in the cumulative stats. I guess we can just check C2 for the cumulative stats.
I find this interesting. Thanks.