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How do you plan on making any money with those predictions?

And what are your strenghts and weaknesses?

We have to make sure we learn the right lesson. The reason I sat and watched the stock crash is that I had sold other stocks and then watched them recover. I also made the mistake of listening to the talking heads in the media. They kept telling me that this was a good company right up until...

I see the guy who was being groomed to succeed Elon has left the company for no apparent reason. Isn't it usually considered a bad omen when the CFO surprises everyone and takes a hike?

One thing about a 2% loss rule is that it takes a while to run out of capital. If you apply the rule correctly and risk 2% of your capital with each trade the amount you risk decreases with each loss. If you have a 10K account you risk 200 on trade one. When you lose on that trade you have 9.8K...

Same guys end up in jail.

How about having the government give drugs away. Yep for free. Spend the money spent on the War on Drugs on education and rehab. Take away the profit motive and no one will be trying to get you hooked. Problem solved!!

I rode mine down to almost zero. I like to think I learned from my mistakes.

You should do well, except if you don't :)

What about those who turnto crime to pay for their addiction?

One of those startegies that always works until it doesn't. :) Did you get stopped out or is this now an investment?

Sound like you were rolling the dice. What if anything was your set-up? Hoping for an earnings surprise?

It's difficult for me to give an accurate number because I fund my lifestyle expences out of my portfolio and they vary from year to year. Just taking growth of my liquid net worth is around 7% for the last 20 yrs

I didn't say they follow them I said they focus on them. I agree that you don't know where you will exit and because of that you follow whatever strategy you have. I didn't mean to imply that you set a target at some multiple of your risk, I meant that you want your winners to be greater than...

I think you will find a lot of successful traders who focus more on R/R than win rate. I can't find any numbers but O'Neil deciples are not concerned about win rate. Cut your losses. Make your winners count.

If I get to 10MM then it will be because I scaled up using the same strategy that got me this far. So far it has worked. No margin, limited risk, no stress and I manage to fund my lifestyle and grow my liquid net worth.

Let's not forget the 2023 Senior Open winner Alex Cejka

Couple things to consider, Position size is not equal. If the small account is short one then the large account should be short 10 You are assuming the position goes against you. If the position moves in your favor, the small account has a greater percentage return. Hedging is done to...

Margin works both ways.

What I'm having trouble grasping is how more opportunities will give you better returns. Again my experience is mainly with the stock market where diversification is good up to a point but after that the returns tend towards average.