IgazI wrote:aliassmith wrote:I mentioned in another thread I traded the DOW a lot last year. It was moving a lot and handing out cash.
If someone was to build positions 5 lots at a time and averaged 20 lot positions. If someone also averaged about 500 points per week they could of hypothetically made a little spending cash.
$100 a point
500 points average a week
$50,000/week average.
Conditions come and go.
I'm currently obsessed with Cable we'll see how that works out
You're speaking my language and it makes me all tingly inside
Account growth is a function of lot size, pure and simple; if you can manage the added risk
then your account goes up and if it is excessive then your account goes down.
If you think that you can just trade a flat 5 lots and beat the market then ... good luck to you buddy!
Aww shucks he called me buddy