Disliked{quote} Yonseo, if I may ask what is your your definition of a "small account", What would be the minimum to build a millepede?Ignored
My definition of "small account" is an account size where your ENTRY has no significant impact on the market. Good question though since we cannot draw a fine line to define what is big and what is small. For example 1k may be small to a millionaire but it is alot to a high school student.
As for minimum size to build a milipede, you can build milipedes on any small account size. The question comes down to approximately how much would you like to make a year on average, in light of your personal stats and available capital.
Compare a 10k account holder making 50~60% annual returns compared to a 1000k account holder making 20~30%. The latter makes more and takes less risk relative to his or her account size. The author of this thread traded accounts of 6 figures and had constant 6~7 figure cashflow coming in from other business based ventures. That information alone explain why position trading is difficult psychologically for most retail traders.