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trading hundreds of contract everyday? Real or no Real?

  #6 (permalink)

Trading Apprentice
california los angeles
 
Futures Experience: Beginner
Platform: interactive broker
Favorite Futures: ES
 
Posts: 21 since Jan 2016
Thanks: 4 given, 7 received


xplorer View Post
We do know that there are traders out there that can make this kind of money. One proven example is a London guy named Nav Sarao. He came to the fore last summer when he was charged by the CFTC for market manipulation.

Manipulation aside, there are records in the complaint lodged by the CFTC that show he was trading on average 10,000 round trips a day, with average profits of 90k a day.

Sarao engaged in high volume scalping - Not for the faint-hearted

his performance is one thing, but the Ads on his website makes it look very sketchy.

 
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