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Sure. In principle. A factor of 18 in one year is x1.071 increase per week for 42 weeks (incl. time off) Ain't gonna happen like you envision. Pocketing half the daily range like you say is unrealistic; you'll catch a lot less than that and so you'd need leverage. And a "trend following"...

I must respectfully disagree :D This is the thing: It has to be at least 60 meters. That's about €50m price and 10% of that each year to run it.

I trade reclined on office armchair with my feet on the desk, at an angle relative to the desk. Recently I'm starting to get ass sores, on my butt cheeks. I just thought I'd let you guys know. :D Such are the perils of the trading job.

One year on. Two months back trading. Improved my infrastructure and expanded my knowledge. At first, again taking too high risks, oversizing, emotional destabilization, losses. It's like a car with excessive torque, spinning wheels, going nowhere, losing control and crashing. Wasting years...

Price retracing after an obvious break in a common play to screw the texbook players. That, along with the opportunity to reverse long, suggested selling to push it lower. Yes you are right. But it isn't a given that it will happen. It's all useful speculation but I wouldn't call it TA. It is...

Very adventurous types could still open multiple accounts and keep trading huge amounts with extreme leverage.

Nice OP. The following covers motivation and job interview instead.

The article reports the protagonist's own analysis of the loss sustained; seems pretty exhaustive to me and it's unlikely any one here could improve or expand on it. If anything it shows the advantage of trading other people's money. Half a billion loss and he can still enjoy megayachts and jets.

I had an account with FINECO around 2000. FINECO of Italy but also operating in a number of european countries has over the years, been found guilty (Italian courts) of false advertising, reassigning profits and losses between clients accounts and failure to promptly communicate what personal...

Because of the enticement of higher potential returns.

Because his book shows a clear understanding of the market. It is also well written and witty.

…I was assuming your LLC had no other assets. If it does or if you want to keep it alive, you should definitely not put any fresh money on the account and refrain from doing any operation at all on the LLC until outstanding issues are agreed upon. Do not volunteer anything, say anything, do...

I had a LLC (not in trading) that failed. The LLC left debts of about €60k. I consulted with lawyers. Only one out of four creditors bothered having their lawyer send me a letter; the others didn't even bother with that. In the absence of any personally guaranteed debts and given the absence of...

It's a balancing act. There are successful pros who start every day with a bias (Linda Bradford Raschke). Yet one has to be receptive to signs of invalidation. One needs to see both sides at all times and estimate impartially. How that works out in practice depends on experience and know-how...

Talking directional trading, EURUSD, and chart only, with particular reference to intraday movement. My observation is that price dynamics is the resultant of a number of technical plays going on at all time on all time scales, cooperatively or competitively. TA provides the common tool set and...

You can consider my case. I'm an INTJ personality http://www.humanmetrics.com/personality/intj (you know, to have some references and take it beyond pointless chatting). I've spent an inordinate amount of time and energy to understanding the market and price movement. I play EURUSD 400:1...

I read about this broker, many years back, who having noticed its clients consistently lost had the "brilliant" idea to take opposite positions for themselves. They made tons of money until at one point they started losing heavily on gold as one client had opened a large long position in gold...

Something in the way I trade... annoys me. Went back to trading after a one year break. EURUSD solely. 400:1. Three months. Been up but I'm back near the lows. There's something peculiar about the way I trade. I have a pretty good handle on the current structure. I am mostly aware of the...

I recall reading a study indicating yearly basis failure rates for new retail market entrants as: 75% in Stocks 90% in Futures 95-99% in Forex I don't recall how failure was defined. Does anybody have links to more of these studies?

The topic is: using trading to transfer capital between different accounts, controlled by the same person (maybe I should have specified that, but most have gotten it. It's not about allocating outcomes to accounts). Here's an example and a twist. It is a recurrent theme, related by anecdotes...