Quote Originally Posted by ;
FX, you make great points. Capital IS King. The more funds you have, the less every month you have to try for those high percentages.

My point is that:

In case you may have the ability to make a living from 30-50k because iandekoker admits (I agree it is improbable from the U.S.), then why can't it be done in a mini account with the identical capital? Is not a 10 lot mini position the same as a single lot? I am not talking about making a living from a account or even a 30 k account. I am saying you can find exactly the same effects, if not better in the mini account than the usual account if they're funded equally. The mini has additional flexibility.
Say you have a 30k regular account and you are all set to take a trade. You figure that your risk to reward as well as your leverage along with your MM rules enable you to trade 2.4 regular lots. But your typical account only permits you to trade both lots or three and nothing in between. . Two lots doesn't use of the capital you're allowed and your MM rules will be overextended by three.
Now, the exact same situation with 30k in a mini account. You can buy 20 lots (2 standard) or even 30 lots (3 normal ) or 24 lots which will be using all of the funds your MM permits without overextending.
All that said, here from the U.S. I wouldn't consider trading for a living with 30-50k. At least not if it was my capital. I am sure there are a few folks who can and do and I am not doubting them just a bit. But it would be far out of my comfort zone.
No doubt, I agree with you on using mini's in this fashion you describe.

Though to receive the best spreads and lowest commissions....example Dukascopy....250k is tiniest lot along with also the spreads are LOW, what is commission now...$20/mil or $25/mil
Now I must admit, I do like Oanda....very great for a mini trader with Capital....plus they cover that commish from the next....it is a wonderful bonus when a Extended 10 lot transaction on any yen cross requires a while to move to TP.