I'm not gonna bubble much here but in essence I want to show you how inaccurate I am with my entries but with proper money management I ended up solid green .
You can not make this PnL with $5,000 acct !
Neither with $30,000 acct.
But you can end up green if you have your plan straight.
FB approximate entries
This morning warning was issued see my twit by clicking here
More detatils:
FB has $2.6 ATR. So I divide it by 10. My building increments are at about $0.25. ( 25 c)
I use main daily support resistances to find main levels
I also use the intrday support and resistances for intraday levels to build my position and take scalp profits, plus I use 200 sma and 20 sam om 2 min chart.
With $30,000 acct I'd be building with no more then 100 at a time and take profits on each 25 c move in my favor. Making $100 per day with this method should be quite possible with small $30,000 acct.
Disappointed? Ah, well ...welcome to the reality of trading...You still wanna trade now ? Show me you can do this consistently for 6 -12 months and I may find capital to trade size.
Salute
AngelDan@DaChopa
Are you illiterate? He said if YOU can consistently make gains he'll find capital to trade size, inferring to YOU. A good quote comes back to mind, don't argue with an idiot, they'll drag you down to their level and beat you with experience.
ReplyDeletewould you like verification of my 30% return on the last year, and you'll provide the 500k capital. I have the proof if you have the capital
ReplyDeleteSo you've had a blog for less than a year and invest in highly volatile small cap bio's and chinese?
ReplyDelete30% return a year is nothing.....make $200 a day with a $5k account and I guess that may interest him. This is trading not investing ;)
ReplyDelete