12-16-2004, 04:33 AM
Abramelin,Dec 16 2004, 07:35 AM Wrote:I don't understand why someone who day trade,let's say as an example,500,000 euros,can withstand the ups and downs much more easily than someone who day trade 50,000 euros.Losing 1,2 or 3 % of 500,000 euros is as bad as losing 1,2 or 3 % of 50,000 euros;it's just a matter of proportions,really.
Well, apart from what Pete said, you need a certain amount of income to live on, and that increases at a much lower rate than income increases at.
(i.e. you have a fixed amount of overheads)