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don't be put off by him, the guy trades $100 Nadex binaries and is a fantasist. $100k is enough to have a shot to build a career in this business. I have seen people make it from less and plenty who have busted their account starting with more.

I do not think anyone who has less than 1m in their account is a piker. that would clearly be the writings of a lunatic. I said you really need 100k account to have the best shot of making a living, even adding that 25k to 50k is possible but march harder.

ever get that deja vu feeling.

Yes they are all cherry picked examples mate like my live call below. Each of my calls has a entry, stop and target unlike you who just averages in when underwater. You ramp up the closer you are to your next stop out.

you should know as you posted on my thread where I made 3 live calls to illustrate how to make money. https://www.elitetrader.com/et/threads/if-you-lost-money-trading-in-2016-here-is-my-xmas-gift-to-you.305350/ you should also know that win loss ratio means nothing, the return is the only...

yeah, a few months ago it was $100 Nadex binaries.

only if you have a piker account. hit a decent trade with 0.5% risk on a large account and its big money.

yes 1% of account is punchy, 0.5% is a more relaxing trade in my experience. It's all about account size. If your account is only $10000 nobody risks $50 as it's not meaningful to them. They risk 5%, 10% or worse and that's when you paint yourself into a corner. To trade for a living ideally you...

Dude. No single trade should worry you, losing trades happen all the time. If you risk 0.5% to 1.0% of your capital there isn't anything to worry about. The all in mentality will end in financial & emotional ruin.

What about the marketfaker doing his arse on a regular basis pattern. I am good at spotting that one. You and your team having a blast racking up those $100 Nadex demo dollars. Bisous.

stop with the multinic mental illness

He will likely snatch and claim a small winner on the next up move.

A good post. All the solid traders I have met remain flexible in their outlook and don't marry their position. This is key. No matter how good a trade looks you need to remain objective as nothing is guaranteed in this business. Marketfaker is talking as though the market has to go down, the...

thanks I will check them out.

In my experience between 20% to 40% of traders at professional firms are competent traders. You can always learn things from this group of traders. Nobody is going to give you any secret sauce but never underestimate the affect picking up one thing that can make THE difference. There can also be...

it's just not and there isn't much point arguing about it. Look if I have a phone screen that has 4k screen I can display 50 ladders but it's of absolutely no use to me. Resolution is not the problem for displaying ladders and charts, we are not artists in a studio.

yes because you understand the difference between resolution and size.

spot on and i agree.

confirmation bias.

Speechless. Monster bull run for 8 years and you say it's in a huge range. Are you literally smoking crack on acid?