assuming you can catch it all, what is the maximum daily profit percentage possible with 500:1 leverage. this is an excellent exercise to help new traders evolve and understand trading math better. it helps you compare your current system to whats technically possible, so you realize you have a long way to go and that progress is neverending. it helps in dissolving the limits our mind fearfully creates. i welcome anyone to display their attempt at answering this question accurately. are we gonna smoke this banana
you didn't talk about the account size. so the max profit can range from a few dollars to a few million dollars. similarly, the max loss can range from a few dollars to a few million dollars.
Please stop trying to control the conversation or correct me. I know what im doing, give others a chance to calculate the correct answer
It would be something like (500 raised to the nth power - 1) * 100 where n is the number of trades in one day. For example starting with 1 dollar and 100 trades at 500:1 leverage risking the entire account on each trade, the percentage gain (using arbitrary precision calculator dc) would be Code: echo "500 100 ^ 1 - 100 * fq" | dc | perl -p -e 's/\\\n//;' This would be a percentage gain of 78886090522101180541172856528278622967320643510902300477027893066406249999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999900 Good luck, and don't forget to post your broker statement after you've done it.
OK. I read your Q again & very very very carefully. The answer is : The max profit can range from a few dollars to a few million dollars depending on the account size, which products you are trading, the market condition, and your KSA knowledge skills ability. similarly, the max loss can range from a few dollars to a few million dollars.
You guys are so focused on outsmarting someone on a forum. Its evidence of a lack of purpose, dont you have anything better to do like oh i dont know improve your system. It may seem to you like my goal is to be witty but its actually to get work done, so please step aside let the men figure this one out. Read the question carefully, your answer is not even a percentage like i asked, and even if i did ask for the dollar amount your answer is still wrong. Please just give up, you failed at trading and now troll forums to express your bitterness. Dont ruin it for those that might be able to do something you couldnt. If you dont see the value in this question then odds are you are not a real trader. Like i said, step aside. Anyone else other than these three horrible attempts. There is a right answer... a right investigative style.