BlogOctober 25, 2022Michael Covel

“What kind of capital will I need to start with…”

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Mike,

Your systems are marketed primarily for the big guys and the returns and drawdowns are superior to major indices. This is achieved by controlling risk and the system inherently produces above average rewards.

What kind of returns will the system produce for a slightly higher risk tolerance?

I am not looking for superior returns but to earn a living off trading. So if I want to average $1000 a day and am willing to take extra risk, what kind of capital will I need to start with?

Ideally, I’d like to fund an account, withdraw 5k a week and still let the account grow.

Regards,
[Name]

1. My systems are marketed primarily to regular traders — individuals. Those are my clients.

2. Risk and reward are tied at the hip. Risk more? You can make more, but with steeper drawdowns. It’s math.

3. Read: www.trendfollowing.com/capital.

4. Anyone who promises you that you can make a consistent set amount per day, i.e. $1000, $10,000, etc. is either a liar or a criminal or both. Guaranteed.

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