You guys forget one important fact. As long as the account size increase the stress level increases and that return rate is becoming extremely difficult to realize. Another fact is that, don't you guys want to pay IB for those trades?
This is thread will get some attention and that's all there is to it. I am surprised not only from what the OP writes, but also from some of the comments that other ET memebers write. $ 2500 to 1 Million in 180 days ? Pleeease. This is total bs, there is no sense of reality whatsoever, yet some people like to think that's possible. Maybe this thread and some of the replies just say a lot about trading in general and most people on Elite Trader with nothing to show except 100s posts next to their account: A lot of traders here just want to lose their money and they are nothing more than gamblers. To the OP: based on the same logic behind your goal, How about $ 5000 to 2 Millions in 360 days ?
I know those results sound astronomical, but if the OP is an experienced trader and trades his method with iron discipline (not will, discpline) is IS theoritically possible ... as many of you have seen from doing the math on paper. While I know we all like to "have fun" at what seems like an impossible accomplishment, please try to reserve judgement until he shows some type of track record showing that he cannot produce these results before you start the "dogpile" on'em. Good Luck man, trade the system, not the money.
oh goodie, another delusion trader's gambling thread. this thread will die by jan 2009 when he blows out. it is absolutely impossible to consisently make that much, that quickly. just one bad week or two is the difference between averaging 6% per week and 2% per week, nevermind the 26% he needs per week (put another way: 1650% annual return). and it's a certaintly that when you take these types of risks, you will have some bad weeks. you'd have a better chance by investing in 2500 lotto tickets.
Exactly. Anybody who believe that such fanatic goal is still theoretically possible did not yet discover the true color of trading hurdle.
Are you refering to mental blocks with trading big size?? Dude, you do not know anything about the backround of the OP! Saying this task is absolutely impossible is B*! For all we know, OP might be Lewis Borsellino, who trades for millions every single day.
Sure and Lewis Borsellino has nothing better to do than come here on Elite Trade to show off his skills. Is it possible that you became as famous as Brad Pitt ?