Aliassmith Beats a "Dead Horse"

[kiwiarian]

I think this is what that Doji trades.
Failed Zlines > Momentum breaks momentum.

Good example thanks.
So with a failed Z line, getting in here I presume.

failed-z-line.jpg (67.68 KiB) Viewed 905 times

[aliassmith]

I was thinking about when IgazI said have enough for the margin you need then add on your risk money for your account size.

Now I think I can mimic the APEX $25k accounts with $2500 in each sub account.

$2500 of own money in separate accounts?

Yes

I want to do 10 of them along with 20 APEX. I think most of my APEX accounts will be $150k and the personals will need to be $5000 each.

$1000 a week @ 30 accounts is well over $1 million a year.
Trading 1 NQ should get the job done.

May as well continue on with IgazI's logic.

I could setup 1 account
1 NQ contract needs $1000 margin + $3000 risk
28 contracts put in as 7+7+7+7
$112,000 needed.

Say $1000 profit per contract a week.
Or about $1.3 million a year with a better tax bracket.

60% $780k at long term tax > $117k
40% $580k at short term tax > $129k

[aliassmith]

I think this is what that Doji trades.
Failed Zlines > Momentum breaks momentum.

Good example thanks.
So with a failed Z line, getting in here I presume.
failed-z-line.jpg

Yes

[prochargedmopar]

I think this is what that Doji trades.
Failed Zlines > Momentum breaks momentum.

I remember him teaching on that. Legit.

[prochargedmopar]

$2500 of own money in separate accounts?

Yes

I want to do 10 of them along with 20 APEX. I think most of my APEX accounts will be $150k and the personals will need to be $5000 each.

$1000 a week @ 30 accounts is well over $1 million a year.
Trading 1 NQ should get the job done.

May as well continue on with IgazI's logic.

I could setup 1 account
1 NQ contract needs $1000 margin + $3000 risk
28 contracts put in as 7+7+7+7
$112,000 needed.

Say $1000 profit per contract a week.
Or about $1.3 million a year with a better tax bracket.

60% $780k at long term tax > $117k
40% $580k at short term tax > $129k

Are you overseas or in the states?
Difference between being paid profits trading for someone else and trading own money?
Guess we could take all the money and buy Hunter Biden's art. LOL

[aliassmith]

Yes

I want to do 10 of them along with 20 APEX. I think most of my APEX accounts will be $150k and the personals will need to be $5000 each.

$1000 a week @ 30 accounts is well over $1 million a year.
Trading 1 NQ should get the job done.

May as well continue on with IgazI's logic.

I could setup 1 account
1 NQ contract needs $1000 margin + $3000 risk
28 contracts put in as 7+7+7+7
$112,000 needed.

Say $1000 profit per contract a week.
Or about $1.3 million a year with a better tax bracket.

60% $780k at long term tax > $117k
40% $580k at short term tax > $129k

Are you overseas or in the states?
Difference between being paid profits trading for someone else and trading own money?
Guess we could take all the money and buy Hunter Biden's art. LOL

Ohio,
So trading futures in the US market is an advantage.
Trading CFD and Forex is an advantage with rich uncles.

Futures get a special tax treatment of 60/40
Getting paid from someone is earned income and taxed at a higher rate.

[Don_xyZ]

Yes

I want to do 10 of them along with 20 APEX. I think most of my APEX accounts will be $150k and the personals will need to be $5000 each.

$1000 a week @ 30 accounts is well over $1 million a year.
Trading 1 NQ should get the job done.

May as well continue on with IgazI's logic.

I could setup 1 account
1 NQ contract needs $1000 margin + $3000 risk
28 contracts put in as 7+7+7+7
$112,000 needed.

Say $1000 profit per contract a week.
Or about $1.3 million a year with a better tax bracket.

60% $780k at long term tax > $117k
40% $580k at short term tax > $129k

Are you overseas or in the states?
Difference between being paid profits trading for someone else and trading own money?
Guess we could take all the money and buy Hunter Biden's art. LOL

I'd buy the famous Biden fell painting, prolly gonna worth like a billion in 30 years

[aliassmith]

May as well continue on with IgazI's logic.

I could setup 1 account
1 NQ contract needs $1000 margin + $3000 risk
28 contracts put in as 7+7+7+7
$112,000 needed.

Say $1000 profit per contract a week.
Or about $1.3 million a year with a better tax bracket.

60% $780k at long term tax > $117k
40% $580k at short term tax > $129k

Are you overseas or in the states?
Difference between being paid profits trading for someone else and trading own money?
Guess we could take all the money and buy Hunter Biden's art. LOL

I'd buy the famous Biden fell painting, prolly gonna worth like a billion in 30 years

I think its a 4 painting set.

[Don_xyZ]

Are you overseas or in the states?
Difference between being paid profits trading for someone else and trading own money?
Guess we could take all the money and buy Hunter Biden's art. LOL

I'd buy the famous Biden fell painting, prolly gonna worth like a billion in 30 years

I think its a 4 painting set.

So this is the 1 of the set then, for pro.

the fall.png (104.24 KiB) Viewed 816 times

[aliassmith]

Made my daily goal in just that space.
Those are 1 minute candles.

I traded like this in the past and I like it.

Four orders to play with max. 7+7+7+7

Easier for the NQ to absorb in the live market.