I just started live with Maverick but can't send you a PM yet as a Jr. Member of Forex Factory. Do you want to just post your questions in a regular message?
Day Trading vs. Swing Trading vs. Position Trading 86 replies
DislikedI just started live with Maverick but can't send you a PM yet as a Jr. Member of Forex Factory. Do you want to just post your questions in a regular message?Ignored
Disliked
I know that is more then a few questions, but if you could answer any or all of them it would be greatly appreciated.Ignored
DislikedI think the only thing I would add is; level 1 is based on a 5k capital contribution so a 5% or 250 loss limit makes sense.Ignored
DislikedNo, they did not give me 5k. I don't know what Jon means by "no capital contribution at level 1". The minimum capital contribution is 2k making your 5% daily loss limit $100. Level 1 on the chart shows 250 daily loss limit based on a 5k capital contribution. So, in other words, a 2k capital contribution doesn't get you to level 1... at least the loss limits and expected earnings numbers don't work with 2k.Ignored
DislikedI'm not talking about money Maverick gives you. When I say "capital contribution", I mean money directly out of your bank account and deposited with Maverick.
When you deposit 2k you start trading with leverage and 5% loss limits. You could trade VERY well and turn 2k into 5k. Then, you'd be trading at level 1 and the numbers on the chart make sense. OR you could start with 2k, trade a little, and then deposit more money out of your bank to make it 5k.
As far as level 2 and above and getting Maverick to give you money to trade with, it seems...Ignored
Disliked@relachezle I am excited to hear from anyone trading at Maverick w/ their capital as well! I am all excited to get started and anticipate doing so within the next year or so. I'm learning all I can about the basics and staying away from all the trading systems and whatnot out there on the market. Also, do we know anyone reading this forum that does trade w/ Maverick currently, do they require their traders to use an account through Deutsche-bank? Curious about that anyhow....Ignored