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$5,000,000 account earning $3000 to $5,000 daily. is it possible?
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$5,000,000 account earning $3000 to $5,000 daily. is it possible?

  #1 (permalink)
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$5,000,000 account earning $3000 to $5,000 daily. is it possible?

Hello All-
First time poster. Here is a serious question, please post to the forum or send me a PM. If you were trying to earn $3000-$5000 per day with a $5,000,000 account, what would you trade and what methodology? Im interested in treating the account like I treated my business-No senseless risks, grind out profits consistantly. Thanks,
Jake

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  #3 (permalink)
trading my rent money
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If you are a good daytrader, you can make 5K per day off a 100K account. If I had 5M USD, I wouldn't risk that much in the market... I would buy some apartment buildings and rent them out or something "safe", and only trade with 100K or so.

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  #4 (permalink)
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pengi View Post
If you are a good daytrader, you can make 5K per day off a 100K account. If I had 5M USD, I wouldn't risk that much in the market... I would buy some apartment buildings and rent them out or something "safe", and only trade with 100K or so.

Appreciate that. but looking for a lock of $3 to $5K per day by leveraging my $5mil. obviously, im not looking to swing or risk that size but seeking an arbitrage or minutiae movement that can squeeze out .01% or less daily.

BTW, if i can do it for less, im all for it, of course. Im completely risk adverse for that size account.

I went to cash on July 22, against the adamant protests of my Money Manager. managed to save a 7 figure loss over the past 45 days and got to thinking that there must be a way to grind out 3-5 with little or commensurate risk.

My goal is to preserve equity and grind out $15k to $25K per week.

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arbman1 View Post
Hello All-
First time poster. Here is a serious question, please post to the forum or send me a PM. If you were trying to earn $3000-$5000 per day with a $5,000,000 account, what would you trade and what methodology? Im interested in treating the account like I treated my business-No senseless risks, grind out profits consistantly. Thanks,
Jake

the post should include what your backround in trading is.This kind of question, no offense intended, sounds like something a person would ask, that has no experience in the markets at all..which is ok, because i think , the majority of traders will tell you, that you need to simulate a method and prove its consistency before you trade live.With that said, a good trader could get by with significantly less in his or her account.From my perspective, having 100k or 5million is really not the most important point.In order to trade large size, imo, you need to earn that right.If you cant be profitable with 1 or 2 contracts, why would you trade 10?Unfortunately, there are plenty of people doing this, and getting cleaned out.If you look at it from the tradres perspective, they might say go ahead and start with 20 contracts, because they will gladly take your $.In my opinion, you cant skip the steps, so, good luck!

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  #6 (permalink)
trading my rent money
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arbman1 View Post
there must be a way to grind out 3-5k with little or commensurate risk.

Daytrading is extremely risky. It took me a year before I learned how to take money out of the market. Please simtrade for a long time until you risk any money in the market... Learn a lesson from this guy:


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  #7 (permalink)
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Thank you both for your comments. yes, I completely understand the risks of daytrading, thats why i am looking for more of a lock then a spec. ive traded off and on for years with no real consistent success and have never met ANYONE WHO HAS CONSISTANTLY MADE MONEY DAY TRADING YEAR IN AND YEAR OUT. i dont mean eaking away $150,000 per year, I mean high 6 or 7 figures.

perhaps this the wrong forum but im looking for an infantesimilly small edge to arbitrage .01 percent consistantly.

my thoughts are, "why take any risk of trading if there is a way to lock a profit".

im not interested it swinging a huge bat and risking 6 figures on a trade. just looking to grind out a fraction of a point, 9 out of 10 times using the clout of my cash.

any thoughts on a proven methodology would be appreciated.



Thanks.

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  #8 (permalink)
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arbman...


arbman1 View Post
Thank you both for your comments. yes, I completely understand the risks of daytrading, thats why i am looking for more of a lock then a spec. ive traded off and on for years with no real consistent success and have never met ANYONE WHO HAS CONSISTANTLY MADE MONEY DAY TRADING YEAR IN AND YEAR OUT. i dont mean eaking away $150,000 per year, I mean high 6 or 7 figures.

perhaps this the wrong forum but im looking for an infantesimilly small edge to arbitrage .01 percent consistantly.

my thoughts are, "why take any risk of trading if there is a way to lock a profit".

im not interested it swinging a huge bat and risking 6 figures on a trade. just looking to grind out a fraction of a point, 9 out of 10 times using the clout of my cash.

any thoughts on a proven methodology would be appreciated.



Thanks.

you probably are in the wrong forum.

By your own statement you kind of answer the question. You have never seen anyone do it, how do I do it?

There are really no proven methods or indicators...only proven traders. Most in the catagory that you seek to join would never admit publically what they made or how they made it. You may seek out a HFT group that will let you deposit with their JBO and use their technology but they are after the added leverage you deposit brings.

You could probably make $500,000 or more a year doing the buy write on high div stocks like T, but that has an associated risk bigger than the one you may accept. You might be able to buy low ivola puts sell high ivola calls to complete the conversion with relativly limited risk for the type of return you seek.

I'd say come on in the water is fine, but that would be a lie. The water is full of sharks that will stop at almost nothing to seperate you from your money.

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You might...

be able to buy convertable preferred stock, some common stock and sell calls, leaving the expense of long put off the equation...But you would need to be good and lucky to avoid the pitfall of additional risk. A few years ago I locked 17% on Jet Blue Airlines and before that over 20% on a Delta Airlines conversion but I was into that full time with some of the best in the business. Best of luck. DB


Last edited by wldman; September 10th, 2011 at 11:04 AM. Reason: mis-spelling
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Appreciate the comments DB.

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