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I like Michael. Trump is an idiot and a fat, lazy, shapeless no life loser. This has nothing to do on a trading website. Get lost, or post something relevant, exGOPer. You should be cut off from this site, exGOPer. You are irrelevant.

Yes, I am rich. Yes, I'm a top trader. Yes, I'm running for the 2019 Trading World Cup. Yes, I am a bit arrogant. But I swear by all the gods and the angels of this Universe that if Magna ever try to talk to me again in the slightest authoritarian tone, even as remotely as he tried to do in this...

Statistically, you're dumb money, fbmbirds, and there's a probability of 90% that you will lose 90% of your capital in 90 days. Then, you should lose another 90% of the remaining 10% in another 90 day. And so on. Basically, if we stick to statistics which always tell the truth and if your...

I couldn't care less where you are from, where you are born or what your tribal allegiances are, jinxu. I didn't ask if you were Chinese or not. Why tell me? I'm not your psychologist. "Dear" is a form of politesse in many parts in the world. And humour is a way to defuse tense moments. If you...

I never call people "dear" in real life. Except if they are Chinese, of course. Seriously, there is no idea to get. 1+1 = 2 is not a physical system. It is an equation. Just like your statement that bitcoin was $1 in 2010. You don't build a system by stating that 1+1 = 2. All right. I'm...

Hmm... Why is China testosterone level so low, jinxu? Your correlation of socialism and China is childish at best, dumb at worst. Without mentioning your conclusion.

There is no system with a 100% win rate, dear jinxu. Consider, for instance, a very simple physical system constituted of a bottle of Budweiser and one very normal All-Merican big Trump fan, barely able to talk and write in decent English, with an IQ of 100 or less. You tell the poor dude that...

Considering the new esoteric world we live in, full of fuzzy, emotional, half constructed and weak ideas from self-confident people addicted to their electronic gadgets, with an attention span of 4 minutes or less, I'd say that old has become much sexier than before, when all that old could brag...

Hmm... Tell me, if you expose 1% of your portfolio, how could you lose more than 1% of it, for the rest is not exposed? The percentages have been mixed up in the course of this discussion. It went from volatility to risk and finally to exposure. These are not the same thing. An exemple: By...

I agree. It is hard to find anything wrong in what you say, dear Xela. But let me add one more thing to that. "Reasonable" is like risk. A matter of taste. What's reasonable for someone might not be reasonable at all for another. There's no golden rule that applies to everyone on this planet...

Nice one! Indeed, boatloads of books have been written on the subject. Risk and reward are correlated, but only until you blow out your account. Or crash your car (in the case of F1 racing).

What are mortals, that they could be pure, of those born of women, that they could be righteous? If God places no trust in his holy ones, if even the heavens are not pure in his eyes, how much less mortals, who are vile and corrupt, who drink up evil like water? - Job 15:14-16

Hmm... I happen to live in socialist countries most of the year. I never said I was a socialist or never showed signs of submitting my self to any tribe, religion, majority or minority. And I never said I believe in anything. However, you just said that I'm a socialist and I believe in something...

I absolutely agree, Xela. That's exactly what I would do with an account trading on BTC, for instance. A 1% exposure and 1 single BTC trade in an account is perfectly acceptable, given the volatility it has. But I wouldn't do the same on the US 10Y T-Note, for instance. With the T-Note I'd look...

Well, show me a close to 100% win system with a volatility of 1% and I'll show you a poorly optimized jewel. Or you take too few trades, or the trades you take are not big enough. You can easily double your gains with it. By pimping the volatility, of course.

We are approaching unknown waters, archeolog108. There is lots of esoteric dumbness experimenting with the markets at present. Having lots of accounts give you an extra-protection level because, in the event of a big disaster (remember the CHF in 2015, when suddenly, out of the blue, the SNB...

Well in that case if you have a dozen accounts 1% of one of them is really an insignificant risk, and your tolerance to volatility is too small. You will never blow up your account, but you'll never make any interesting gain neither.

1% without a context has no meaning in risk management. 1% of what? 1% of the capital of the account running the trade, 1% of your total portfolio, 1% of all your trading accounts, 1% of your total wealth, 1% of your margin, 1% of all the assets which you manage? If your total wealth is 10...

Only 3 monitors here. But I got this masterpiece shining on my desk, made in Germany. Das Keyboard. Don't tell anyone about it, it's my edge! :D

Not really. It means all your positions were closed by your broker, because you had a margin call and didn't take action on it. Most likely you will be left with 50% of your capital, perhaps a little less. Sometimes nothing (especially with Swiss banks who also act as brokers). If the...