How Realistic? $50k account, $500 / day

[austinp]

Quote from SamGold:

A liar, a cheat, and now proven to be extremely stupid too, to the point of not being able to conduct a simple search nor remember the drivel he has posted in the past. Disqualified from further dialogue with this higher thinking entity.

do you see a post here dated 5/25/12?

I don't

 

[SamGold]

Quote from oilfxpro:

I just trade eur/usd so there are no issues , but if there were , I would just adjust the method to input trades in several batches ..Even cable has liquidity issues.

How would you know?. You've never traded any size that presents with scalability issues.

 

[SamGold]

Quote from austinp:

do you see a post here dated 5/25/12?

I don't

Disqualified, by reasons of extreme stupidity and delusion, from further dialogue with this higher thinking entity. End of interaction.

 

[austinp]

Quote from SamGold:

A liar, a cheat, and now proven to be extremely stupid too, to the point of not being able to conduct a simple search nor remember the drivel he has posted in the past.

Same as all the previous years your now-dead past aliases and I rehash the same drivel. You are quoting me out of context. I said no edge exists solely in mechanical OR emotional fashion alone.

Any blackbox system run unfettered for years on end has no edge.

Reading "Trading In The Zone" until you memorize each word with punctuation has no edge.

Combining mastery of the two is an edge.

ES, NQ, TF, CL, 6E markets have no idea if you are trading one-lot sim or cash. How could they? The sole difference is in your head.

Sim is for perfecting mechanical executions

Cash is where you begin to learn the self-mastery aspect of this profession

 

[oilfxpro]

Quote from SamGold:

Or at least that's what you think.

Here's an experiment: Buy a large piranha and put it inside a fish tank. Then you can sim 1000 times how you are going to grab it with your bare hand. Then go and grab the real piranha with your real bare hand inside the fish tank. Let me know how dinner went for the piranha.

Let us forget the piranha and come back to this topic.

Automated programs can do it on prices and patterns which give different results for the same set up .These programs turned $10 k into $150 k over 3 months.Each of the five winning participants started with $10,000 and each participants' software will trade automatically and has made over $100,000 in over 10 weeks, equivalent to 1,000% or an annualized 8,000 %.

The method is about trading probabilities without emotions , the probabilities are edged in favour of the method.If you can trade probabilities , you don't need to look at charts and play a game of piranhas.If automated programs can do it with a handicap , human beings can do it better

http://championship.mql4.com/2008/users

95 % of those automated programs probably lost money .As a trader , work out your probabilities and trade unemotionally , the system I was testing/trading on sim had no emotions involved because out of 50 trades I expected to be wrong 30 % of the time , the other 35 made the money.

.

This is not your type of trading , where you take a directional bet , the chart showed showed this and did the opposite with Piranhas on my bets ,and hope for good luck , every second your nerves get affected , you swear at the market or take it out on AP

 

[SamGold]

Quote from oilfxpro:

Let us forget the piranha and come back to this topic...drivel...

Let me know after you lose everything if you changed your opinion.

 

[Laissez Faire]

Quote from SamGold:

Disqualified, by reasons of extreme stupidity and delusion, from further dialogue with this higher thinking entity. End of interaction.

 

[SamGold]

Quote from SamGold:

Quote from SamGold:
06-04-12 04:23 PM
ES up tomorrow and the next day you fools!.


"The Formula has infinite depth in its efficacy and application, but it's staggeringly simple and completely consistent."

"Rule 1 of any game or con: You can only get smarter by playing a smarter opponent."

"Rule 2 : The more sophisticated the game - the more sophisticated the opponent. If the opponent is very good, he will place his victim inside an environment he can control. The bigger the environment, the easier it is to control."

If you knew his game. It wouldn't be a very sophisticated one now. Would it?.

How much you made in the last rally?. You only had to buy at the close and hold for 2 days... you had the information, but not the faith nor the control...

"The bigger the trick and older the trick - the easier it is to pull. Based on two principles : They think it can't be that old, or they think it can't be that big for so many people to have fallen for it."

"Rule 3 : You will always find a good opponent in the very last place you would ever look."

You can't but end up admiring the opponent's elegance...

"The biggest con that he ever pulled was to make you believe that he is you."

"They all believe that their opponent is their best friend."

"If you try to kill him to save them, they'll kill you to protect him." BEAUTIFUL!!!. Indeed so BEAUTIFUL...that he was cast out from Heaven... by THE ONE...

Post 66... a coincidence?????

Also today is 06-06-12... 6-6-6+6 ... :eek:

 

[austinp]

Quote from SamGold:

Disqualified, by reasons of extreme stupidity and delusion, from further dialogue with this higher thinking entity. End of interaction.

apparently you mistake this current alias of yours inside an anonymous public message board as something that actually matters

 

[oilfxpro]

Quote from SamGold:

Let me know after you lose everything if you changed your opinion.

I know this market well enough , with its full range of tactics and sudden and unexpected behaviour to wipe my account but I also know the probabilities .The main priority is risk management when betting on unknown outcome .