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It doesn't carry positions overnight.
However, I agree that Ehlers' recommended account sizes are likely to lead
to loss of one's entire account and then some.
-----Original Message-----
From: DH [mailto:catapult@xxxxxxxxxxxxxxxxxx]
Sent: Thursday, December 06, 2001 1:59 PM
To: Omega List
Subject: Re: Asking too much ??
> He recommends that with this system, you trade a full S&P contract with a
> $25,000 account.
And there you have it. Anyone using that much leverage and only making
100 S&P points (= $25K = 100% on capital) a year is an idiot. You could
lose your whole account (and then some) on a single overnight price
shock. That's a horrible risk/reward ratio.
--
Dennis
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