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With big enough equity and proper risk management, one can do so. Problem lies with low equity & high expectation which often leads to improper risk management
by taesu 7y ago
With big enough equity and proper risk management, one can do so. Problem lies with low equity & high expectation which often leads to improper risk management and a sudden margin call. i.e. it's really easy to make $1 with $1 billion account size with risk nearing zero, but trying to make $1 with $100 is exponentially hard & risky. These so called day traders opt in for later b/c they are trained by the course & society & influences to do so.
- HenryBemis 7y agoEvery retail trader I've talked to, wants to start with $1000 or less and make $300-$400 per day. Literally everyone. After they lose their 50th $1k, they still aim for the same. It's like an addiction to gambling.