How can you even claim that technicals matter?

Sekiyo · Jan 30, 2020

Up to a point you better invest into real estate.
You can get 15% returns what you can't with millions on the market.
You can easily make 50% per year with less than 1 million. Don't know what other think.

wrbtrader · Jan 30, 2020

farmerjohn1324 said:
Yea except it's an hour drive and I'm leaving for a 1 month vacation in a few hours. I'll be glad to when I get back tho.

Want pics of my vacation?

London --> Latvia --> Uzbekistan --> India --> Israel --> Bulgaria --> Serbia --> Poland --> Ireland. I'll be glad to.

Actually, know that you offered...

I would like some pics of beautiful women in Serbia...any one of them holding up a sign that said "Elitetrader.com".

wrbtrader

Scataphagos · Jan 30, 2020

farmerjohn1324 said:
Where would I find a pro manager?

Well, that's not so easy either.

Scataphagos · Jan 30, 2020

Sekiyo said:
You can easily make 50% per year with less than 1 million. Don't know what other think.

Disagree. If "50%" were easy, lots/everybody would be doing it. The market gives plenty of opportunity to make a "modest" return. It does NOT easily give the opportunity for "50%".

Sekiyo · Jan 30, 2020

Scataphagos said:
Disagree. If "50%" were easy, lots/everybody would be doing it. The market gives plenty of opportunity to make a "modest" return. It does NOT easily give the opportunity for "50%".

Yeah it's not easy for a fish to climb a tree. It's not easy for a monkey to live under water.

Scataphagos · Jan 30, 2020

Sekiyo said:
Yeah it's not easy for a fish to climb a tree. It's not easy for a monkey to live under water.

Damned incite-full of you!

wrbtrader · Jan 30, 2020

farmerjohn1324 said:
Where would I find a pro manager?

Many financial institutions have a trading division under the umbrella of Investments.

For example, you need to contact your local financial institution that manages your investments and possibly your pension plan...then ask to visit their trading office to see what they're doing with some of your investments...considering they're trading some of your money under the umbrella of investing your money.

Don't worry, if they're bad institutional traders...your investments is still protected. Thus, you don't lose. Yet, if they're good traders...they will not share those trading profits although they used some of the capital from their clients investments to make those trading profits.

Yeah, its complicated.

wrbtrader

Sekiyo · Jan 30, 2020

@Scataphagos

You said you made 15K per day.
You achieved what I said if your bankroll was less than 3750000
it's 1% weekly.

SimpleMeLike · Jan 30, 2020

farmerjohn1324 said:
What's the #1 thing moving markets lately? Coronavirus.

Is there any way to have predicted that? Of course not.

And before that, it was Iran.

farmerjohn1324,

Can you please state your opinion or debate? I do not understand what you are trying to say.

SimpleMeLike · Jan 30, 2020

themickey said:
Predicting is what noobs attempt. Forget that method.
Depending on the instrument you trade, do the homework on it, and then some more, then place your bet.
Determine at the time you place your bet what you will do and when if wrong.
If you are wrong jettison as per plan.
Like a ratchet, 1 move in one direction and a tiny move back, rinse and repeat.
You can be 50% wrong and still make good money, depending on your bank (trading capital).

Well explained.

All we doing is making bets with some probabilities of a win based on previous practice.

For example, will the Patriots beat the Browns. I am willing to bet $100 they will. There is a high probability they will.