T
tonka T
Gold
- Joined
- Aug 17, 2023
- Posts
- 944
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i would not be risking 100k everyday thats fucking insane, i only take on trade a day, riskiest trade i would take is 1:1 rr, and that doesnt happen often, its not hard to manage 5 accs because u just copy trade.Seems unrealistic.
1. Is this assuming you would be risking 100k every day? If you have a 100k account, most would risk 10k daily and scale as the account grows.
2. I wonder what kind of mechanisms can be used to prevent major losses or at least anything over 1k per day? Could you set up stop loses? Would you be trading the same 3 or four stocks everyday so you are able to know the stocks like nobody else?
3. Could you use stock options if you learn the long term trends also to grow your account faster?
4. Can you train a team to do the trades for you at minimum wage? Or would AI bots that you build be a better bet?
5. Five accounts? Is it easy to manage all those trades as one dude without AI bots?
6. Aren't the crypto trades more lucrative? Perhaps penny stocks trading is on the same level.
I'm just looking for methods to automate this business, maximize profits and then you could eventually be a guru and sell a private membership subscription for accredited investors to learn your strategy.