Great Expectations – A video on day trading for a living for huge profits
Thursday’s video deals with a variety of questions we were asked in our trading room on how to quickly boost profitibility Alex addresses these subjects and others in this helpful video. This video can also be found on our financial video BLOG at www.puretick.com As you guys know we trade the S&P and Dow e-mini futures contracts. Have a great day
Let’s calculate. $ 1.000 a week, 2 weeks vacation: $ 50.000 a year. Good daytrading: let’s say 40%-50% ROI: you need $ 125.000 for a start. With leverage 5:1 $ 25.000 is the absolute minimum, probably more if your first 5 trades turn out to be loosers …
Hmmmm.
uhh, the individual who was looking to make $1k a day with a $25K account, can do so by engaging in forex trading. He could wager $10/pip and makes 100 pips per session or 500 pips, in aggregate, for a week.