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Old 07-03-2005, 15:33   #6
naz9403
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Re: $73650 in 10 Days!! See the attachment

yes, trading that many lots will give you a nice return in the eyes of traders who have accounts under 100k. But to someone who actually trades 20 million, i.e. 100k = 1 full lot, do the math. This guys account size is far far to small for trading that many lots. I'd say with 200k total position size could be 20 lots but to jump right off the bat with 20 lots is crazy. For a position trade it would be smart to start with 5 lots, then 5 more, then 10 more etc during a big trend. When you start playing with the big boys over 200k, trading on a 1 hour time frame is irrelevent.
Moral of the story is..Moneytec is famous for stellar backtesting but in the real world it just doesnt happen that often for a variety of reasons and those educated traders know what im talking about.
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