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In my last post I stated I was going to start adding leverage, so the Margin used has increased. At the very start of the entire thread, I stated I would be "legging" into the entire balance of 1MM. That means when I initially started - to when I was fully invested with the 1MM, the margin being...

Closed 3 positions yesterday, 2 wins and 1 loss. Gain +4.38% Equity +4.08% 172/264 Win 65% P.V. $1,256,164.

The problem with these products is you are immediately putting time constraints and forming boundaries that can rapidly change. This limits your capacity to mold to the evolving landscape.

Most people initially treat it as a hobby until it is too late and they have lost all there capital. At that point it is too late to recover both financially or psychologically.

You keep your risk and draw downs low, and accumulate wins like grains of sand until you can form bricks to build your empire.

On the long term horizon, it is 99.97% failure rate. This is because everyone has other options in life. If one had no other option in life except to succeed or die, you would see more traders succeeding.

I would imagine those that are the most popular, along with the most used time frame, then waiting for a reversal on profitable positions within that.

I think most traders miss the purpose of an EA. That is, it is used to compliment your existing trading edge, like any other tool. Not as a stand alone system, but a tool to be applied at certain times when parameters are met. To use an analogy, it would be like setting Auto pilot once you are...

1MM Managed Phase 2.0 Hello and welcome to the second phase of my Properly Managed thread. In this thread we will begin applying leverage starting at 2x leverage. Upon reaching certain parameters, more leverage will be employed. In the start of the thread, the target was an annual return of...

I would say it depends on your time frame, the longer you go out, the more fundamentals should come into play. As for shorter time frames, I would say it's more impulsive and emotionally based trading. Retail and retail whales vs banking and large entities.

Have closed 5 positions since last post, 4 wins and 1 loss. Finally broke that +4% resistance. Gain +4.02% ($40,241.47) Equity +3.72% 155/239 Win 65% P.V. $ 1,015,016 usd

What were the DDs though.

Closed 3 positions at a gain. Balance + 3.92 % Equity + 3.65 % 151/234 Win 65% P.V. $969,998

Realistically, the best one could do is make that loss back in 1.3 years. But, one would have to be trading it every day with perfect risk management and obviously a profitable edge. You would also need to be trading using x10 leverage, so your average ongoing average daily total Position Value...

Closed 2 losing positions at a small loss. Balance +3.83% ($38,281) Equity +3.60% 148/231 Win 64% P.V. $968,872

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Balance +3.78% ($37,806.96) Equity +3.59% 143/223 Win 64% P.V. $1,006,140

Closed 3 positions for a gain of +0.0723% Balance +3.86% Equity +3.58% 140/217 Win 65% P.V. $1,005,764

Determination and resilience.

It's because they think they are taking the same type of trade agian, but this will never happen again.