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Search: Posts Made By: MXASJ

Forum: Traders Hideout

August 25th, 2010, 09:18 PM

Replies: 25

Trading small (sub $10,000) accounts

Views: 14,171

Posted By MXASJ

Yes! A quick follow-up on my commish math....

Yes!

A quick follow-up on my commish math. Let's say you average 1 trade a day in Year 1. That's 252*$5 or 12.6% of a 10K account. You would need to make a 15% return PA to break even.

If...

Forum: Traders Hideout

August 25th, 2010, 08:48 PM

Replies: 25

Trading small (sub $10,000) accounts

Views: 14,171

Posted By MXASJ

FWIW I started with a 10K account. Year 1, before...

FWIW I started with a 10K account. Year 1, before commish, I was breakeven which I considered a victory. After commish, it was an $8K account. Call it tuition or whatever, but my return was -20%.
...

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What unexpected challenges have you encountered while trading on a "Funded Trader" platform?

Limited trading instruments
High platform usage fees
Lack of support or mentorship
Unrealistic rules and requirements
No significant challenges
Something else (discuss in thread)

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