Search results

No, it doesn't work like that, as you increase capital your returns reduce due to the various complexities of the financial markets. You can get to $1,000s at those returns, after that it effectively halves each range, I was discussing this somewhere else. $1k unit investment 700%-1,000% per...

Those returns are in the $100k to $1mn capital range, but given the way the thread has gone they will be in the sub $100k category, likely low to mid $10,000s. I'm up 16% this week, but that was on a mini sub-account, no one cares.

Oh dear, margin of error rule, in chess there are very few, poker a few more, and the markets many. If you can find a trade within, the admittedly very small, margin of error you win, humans are much better at that than computers although will also admit most people have the intelligence of an...

And because AI is around 1/4 million times less aware than people, at least the switched on ones, those same fund managers will go and punish the AI bots senseless, so the world turns.

The wonders of people using income trading techniques and extrapolating upwards to capital techniques, with no understanding that it doesn't work that way. Capital traders can always trade income, income traders can't trade capital, funny.

10,000s+ hours of training and not paper trading after which most still will not succeed (Outliers), or you buy the 10,000s hours which they will want to make sure they get paid the $300k-$500k via profit share and leasing, or a hybrid of the two such as prop trading which often just confuses...

"when my trade plan is unknown to anybody except myself" this is strictly not correct, it comes down to human psychology, hence on paper using scaling on both income and capital trades should be a 50/50 basis, however unless you are very experienced it skews to 80/20 against you. That is why you...

The devil is always in the detail, well a capital trade builds capital so are long term or high volatility trades, an income trade generates income so short term or low volatility trades. In any trading you have breadth and depth, the combination combined with timeframe determines the strategy...

That only works for capital trades, not income trades, so unless you can differentiate in your methodology you will at best achieve a 50/50 benefit with scaling, however due to the way the markets work in reality it will be 80/20 against you. We scale in tranches for the mid to long timeframe...

It's easier to make income going long and easier to make capital going short.

This is the fundamental of psychology, certain people must have the last say as they do not have the skills for a rational objective outcome, having the last say allows that fact to be obscured by using the "margin of error" principle. The "sales pitch" is because they use that on a daily basis...

Actually it is, education level teaches you patience hence why Harvard, Cambridge have higher success rates with high income levels. Patience is also a prerequisite to trade the markets, however, anyone can synthetically adjust their lifestyle to force patience and over a decade or two it will...

You couldn't leave it alone could you, so because you have no clue what you are doing your whole premise is to dilute the information from those that do. Well that took 30seconds to look up, "I worked in a grocery store", you have no advanced education which explains your complete lack of...

I see the highly intelligent people who provide value added advice have come out to play, very good. I was thinking about arranging an ET newbie access to the fintech and see if couldn't get them to the same profit level as the 10,000 hour traders here within one month. Then it became clear...

The breakeven point is also very simple, the same strategist gave me a copy of this. The first is the breakeven point if you take someone else's 10,000+ hours of experience wrapped up in a methodology (Turtles, Tesseract), and follow the rules exactly. The second is the result after your 10,000+...

It is incredibly simple, perfect your entry. How do you do that, as one of the strategists who helped design the methodology says, it's a matryoshka. If you trade a 60mn chart, you need to know what's happening on 240mn, 1dy, 1wk, 1mt but also 1mn 5mn, if you want absolute perfection 1sc, 10sc...

Here we go, the whole point of the studies has proven anyone with 10,000 hours experience can do more or less any job and better than those which appear to have natural talent. Unfortunately, which bursts many bubbles because everyone thinks they are gifted, special, talented, with that many...

You might want to read the 10,000 hour thread, because having gone through the process of working on a new platform architecture, desktop and mobile, like trading no one has any idea how complex the whole thing is. You can build a proof of concept relatively quickly, but to make it production...

Any one can say anything, but until you have done it, and very few ever have, it makes no difference because everyone is told it is not factually accurate. There are studies if you search the academics for example, but there are so few of them compared to the 1,000s times more information that...

Gladwell in Outliers is the most recent, based on scientific and anecdotal studies of various disciplines, it makes no difference how gifted, smart, wealthy someone is, without the 10,000s they get in line like everyone else. The more hours you have, and real hours via experience, the closer to...