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66.1% is not a compounding gain year over year, correct? So if so, 66.1% X 30 year would be about 2000%, $10,000 would become about $200,000. If compound gain 66.1% year after year for 30 years , $10000 would become about 68 BILLION, and that is clearly not the case, as the entire "Estimated...

2% strictly over the original capital is probably not very difficult, namely for a $5000 account to get $100 daily average, and when the account increases to $10000, $20000, you still aim to get $100 on average daily, then you got a much larger leeway and buffer to sustain the DD. For $5000...

Some of the mistakes in trading that I have done are: 1) counter trading when the trend is quite obvious, but kept thinking that the run was close to end; 2) revenge trading and 3) try to make something out of nothing, that means when there is barely any tradable window/opportunity, but just try...

Yes, large size is a double edged sword, and it can bring both big profit or big loss. For chasing or buying on PB, actually it is hard most time, as price is running, you are just not sure where would any PB, or the PB is at the much higher price than the current one, dont blame yourself too...

"Eddie Choi turned less than $800 into nearly $108,000 by purchasing puts on Roku stock and SPY — the S&P 500 exchange-traded fund — then profiting enormously when they fell, Bloomberg reported. He learned how to trade options on WallStreetBets, a subreddit with the tagline "Like 4chan found a...

I think you are showing an unique way of trading and as long as you are making money you are successful in your own way. On the other hand, sstheo https://www.elitetrader.com/et/threads/micro-e-mini-madness-2-per-day.335221/ was showing a more conservative trading strategy with good risk...

I think that you are able constantly making profits even you have to often add to losing trades are mainly because of two major factors: first you accumulate extensive experiences over your trading career to handle those adverse situations well, and secondly due to your huge pocket so that you...

Now you sound like Volente, he got 2650 (lower than yours) . Maybe you both got the memo from the same source. LOL.

You were using market order? Most people always use LIMIT orders for ES or so, then you are guaranteed to fill with the exact price; but even market order, it shouldn't be that wide range. However 8:30am or 9:30am is a crazy time for price fluctuations. Experienced people always wait for at...

If you scale 1 point of MES that would give you $5 (minus commission) to meet your $4 target.

More essentially it is how ready you are regardless how much capitals you have (within a reasonable range of course). Look at that guy trading Micro with $1000 and gained >$400 within a month, and he used very conservative leverage (he trade 1-2 micro), had he used the more aggressive leverage...

Say, you have only 105K cash in your pocket/possesion, do you want to go to spend one night at the North pole igloo, or you want to open a trading account with IB?

I know what you mean: sometime you enter a trade in a trend but it is being for a while and close to where reversal or retreat would occur soon, so it is wondering if this is a retreat then you would hold on, but if it is a reversal you would exit. For example a reversal in 1 minute chart would...

Reversal or Retreat are often depending on what time frame charts you are using. It is one of the trickiest things in trading. Often people advice not to play the top or bottom, just to catch the big chunk of movement in a strong trend and be happy with that, and it is much relaxed way to profit...

Wow, you started trading when you were a teen!

He got some good momentum and was doing very well, in fact he did not lose a single day in a whole month, but later on somehow he ran into trouble and lost most of it and stopped posting. So no need to follow with a link. SPY is the S&P 500 ETF, the most common ETF and super volume stock traded...

300% a year, Did you read a journal here just a while ago that he posted gaining more than 300% profit within about two months, there was nothing wrong with his broker at all; why would a broker restrict your trades? as long as they can make money on commission fee. By the way, if the strategy...

To reach 500%, normally you need to do either Option or Future, much higher leverage.

Just make sure to understand that when many many people said they failed in certain things after so much hard work and so many years, it only means it is probably very hard, but not impossible. In reality, the probability to achieve the best outcome in certain domains is often one out of 10000...