Sooth_Sayer

My Account Growth Strategy: Lowering % Risk As I Increase $ Positions When account is @ $2000; use 75% ($1500) per play When account is @ $3000; use 66% ($2000) per play When account is @ $4000; use 50% ($2000) per play When account is @ $5000; use 50% ($2500) per play @ $6000; use 45% ($2700) @ $7000; use 40% ($2800) @ $8000; use 40% ($3200) @ $9000; use 40% ($3600) @ $10,000; use 39% ($3900) ...and so forth This is how I will exponentially grow my SureTrader account in the coming weeks/months until I open up Interactive Brokers, and eventually the high net worth broker I keep hearing about. I want to get my total percentage risk down to 20-25%

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Sooth_Sayer
Sooth_Sayer Feb 04, 15 8:32 PM

@silentWolf That is correct. I don't mention their name at Tim's request as to not overwhelm them with business like he did with SureTrader which ultimately led to poor customer service.

silentWolf
silentWolf Feb 04, 15 8:47 PM

@Sooth_Sayer Didn't know about that my bad. I would advise you to stop using SureTrader as soon as you can. They are just plain terrible. IB is the way to go.

Sooth_Sayer
Sooth_Sayer Feb 04, 15 9:48 PM

@silentWolf They've improved over the last few months, but I hate to admit that I've had my fair share of crappy situations with SureTrader. I find that patience and persistence are qualities you absolutely must have to survive as an ST customer. I'll use both simultaneously as soon as I get IB's account minimum.

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