Dear Elite Trader Members, I have an IB Account with $500K and I am looking for an Account Manager. I am looking for aggressive DayTrading portfolio to have many strategies and be active as possible in order to use effectively the $2 Million buying power each day. Since I want Aggressive Day Trading I am looking for over %50 a year, in a Performance Based Partnership. I am currently working with an Advisor that his performance are not well. I will appreciate to hear about Advisors and solutions. Thank you.
I suspect this is a troll post. But if not, be ready to kiss the $500k goodbye as losses pile in chasing 50%. You are basically asking someone to take stupid risks on your dime chasing 50% returns day trading. Good luck with that.
Anyone that truly has skills in trading...will make themselves, only rich; I can't imagine why someone would piggyback other people But to simply answer your question...basically bet it all on a directional options trade. Prior to an earnings announcement or something. But if you do that...you're doomed for ultimate failure; Options trading requires skill and finesse and understanding.
I don't understand the jokes. If trader is able to profit $1,000 a day (With $2,000,000 Buying Power it's just %0.0005 a day) It will make around $21,000 a month. $21,000 x 12 Months = $252,000 Which is %50 of the portfolio in $500K Case. I am talking about aggressive day-trading and this is sure something that is realistic. My question is who is experienced in managing those types of investments.
Troll post The poor grammar is very similar to the previous troll creditcard. Newbie calculations, (no compounding, and EVERY day is a profitable day) In any event, I highly doubt he will find an account manager willing to take on a $500k sim account.