Hi everyone

[Socand02]

Hi everyone.

I'm making myself a mission of making a 1.5% daily compounding profit on £200, so that within a year, it will be over 40k.

It's amazing when you keep compounding even small wins like 1.5%, how big it gets in just a year! Check it out using a compound interest calculator if you don't believe me!

Anyway, I digress.

The issue is this... Once the sum gets bigger, I won't be able to cover liability, whereas you can practically bet it all on a back bet.

My question is...

Can you cash out using only back bets, even if you don't have cash to cover the liability?

Just to reassure you, in case you're concerned about me gambling or anything, this is a very conservative endeavour, as I only aim for a 1-tick profit every day, and I know the patterns and markets enough on what to do to lay my bets... I NEVER let my trades go in play, I only engage in pre-play scalping.

I have been practicing plenty plus starting with plenty of smaller trades, but now I'm trading as much as £100 pounds at a time, and am moving towards 200 now.

That was just to reassure people.

Thanks lads!

[ShaunWhite]

The issue is this... Once the sum gets bigger, I won't be able to cover liability.

Why not? If you can cover your liabilities betting tenners with a £200 bank, then you'll cover it with £100 bets using a £2000 bank.

You can't expect to compound your way to fortunes because as your stakes grow you'll get fewer fully matched orders.

[Fugazi]

Just focus on being profitable first!

[jamesedwards]

Spam alert.

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I thought I recognised this language.

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