Does anyone know if there is any limits with leverage once you hit a certain amount of profit? Like limits that would stop you from doubling 10 million to 20 million or a 100 million to 200 million? Like I know it can be done with smaller amounts for example doubling $2,000 to $4,000.
If I’m doubling my money every month shouldn’t I be able to do the same with 10 million? Like if I’m consistently doubling my money every month on smaller amounts?
Thanks for any help or insight on this
It all depends on how you are trading.
There will be a point where slippage will start to cut into your profits, because your orders are too large to fill at once.
But before you worry about $10 to $20 million, you better make sure you can double $10 to $20
I would venture to say that 100 million to 200 million in a month is a bit impractical…
just a few thoughts:
there is no brokerage who would keep offering up to 500:1 leverage for millions of $$. you simple use of of your possible key tool, overleveraging.
there is not too many online/not online brokers you would trust your 100 mill $$ without fear they run away with it the mement the transfer is done.
having 2000$, say maybe 10% of your fund now? trading 10 million the same way, may you find you need 100 million total equity, thus the potential loss of fund woudl be the same pain. But even then it might be still a huge gap mentally, since 2000$ loss might be replaced with max a few months savings, whereas there might be some difficulty to do the same with 10 million, even with extremely high paying jobs.
anyway, for myself, growing to double a 100k account would satisfy me, my reality isnt 10 million anytime soon.
your right guys, it would be impractical to have 10million in a month. I think you just exaggerating things out be practical to whats the trend is.
No, I would worry about it now. Thinking ahead is what sucessful people do… even into the far future. I’m sure it can be done, you just need to go with a reputable brokerage. Certain brokers have maximum lot sizes for a reason… they can’t support above that size. If the broker was smart, they would love huge accounts like that. They would make a heck of a lot of money from the spreads. This is of course, assuming they aren’t a bucket shop… in which case they would run away with your money 
Come on, why would anyone even think of doubling their 1million account in 1 month?
I think with this numbers there will be another conditions.
to prove they can?
something to consider is w/that much money now you can trade in the actual spot market… bank to bank.
another thing is w/trades that large u will move markets. u wouldn’t be able to use the system u use now… u would have to trade like petefader explains in the 1500 pips/month thread… accumulate your position in a sideways market to avoid large spikes… then maybe create the large spike & then get out with stealth to avoid another spike against your positions.
personally - when i have a few million liquid cash, i will be done trading. there are cd’s & other vehicles that kind of money gives you access to that will pay very favorable interest rates on - some even pay out quarterly. i have no desire to be george soros or bill gates… a couple of free & clear properties w/acreage in a country or 2 that isn’t the US, maybe a yacht, & i’m good. the diversified interest paid to me will b more than enough & i would rather spend my time w/my children than in front of a screen, behind a shovel, or bar, or steering wheel, or dealing with clients, or ??? (at least when it is not my own shovel, wheel, or bar).
interesting discussion though
yeah, probably took almost all capital out…
The concept of doubling your money is always been a dream of every new business man specially a young business man who tries hard to make a difference but in the start he will get some results in the form of small amout but later on he knows the reality of the situation settle down for a reasonable profit.
Have to admire the ambition though.
both good points… you will never reach the moon if you don’t try. i would say the odds of doubling your money in FX is better than winning the powerball (could be wrong)… but people win the lottery everyday too… can’t win if u don’t play. plus w/FX you can tilt the odds in your favor every day when you learn something new.
if everyone stopped when someone else told them they can’t do something then we wouldn’t have cars, planes, or be debating topics such as this right now.
true.
I would say that most will fail, but those that make it, can teach.
When you have that kind of size you’re pretty limited with what you can trade. The real big-big traders usually end up trading bond futures in the Chicago pits.
I remember reading in Mark Douglas’s book ‘Trading in the Zone’ about one pit trader who’d have on multi-million dollar positions at a time. Each tick was $32,000. His problem was that he had to be on the ball more than the other traders - if his position collapsed he’d have a problem finding enough traders to close him out.
Woah, $32k per tick?
Insane stuff.
1000 lots can be closed out on the bond market in less than half a second.
talk about supreme execution!
BUT… it is possible to turn 200 into 1.6million in about 400 to 500 trading days if you make 2%(about 20pips to 30pips)of your account balance per day
mmmmmm 10million 20million wow!!!:eek:
Can I have some guidance?