Very realistic.
How Realistic? $50k account, $500 / day
- Thread starter AFChao
- Start date
That is why everybody is doing it, including you. Imbecile...
250% annual return, as you said, very realistic...
If you google “my car which is a XXXXX(name of the car) really sucks”, you will find thousands of other people who have the same opinion. Why? Because people who have problems post about it, people who are satisfied normally don’t post this. So this gives you a completely unreliable and unrealistic view on the car.
If you go a few times to a AA group you will be convinced too that probably the whole world is
alcoholic.
The same happens on ET. Those who cannot make money are posting all the time nonsense like:
But those who make money feel no need to post it. So on ET you have the same completely unreliable, unrealistic view on trading. Only those who cannot make money post all the time negative comments. It is clear they cannot make 1% a day consistently. Even not with leverage. Because if they could they would make $500 a day.
Many interesting people already left ET because of these negative reactions. If the only response they receive is bashing, why should they stay? Soon only the complainers will be left over. Then they can start a self-therapy group.
But it is clear that trading is a hard and difficult job and most people are not fitted for this for various reasons (intelligence, personality, emotional or psychological problems, stress...). The biggest group will never make money, not because it is impossible, but because it is impossible for them.
Some don't understand this and some deny it because of their ego.
If you go a few times to a AA group you will be convinced too that probably the whole world is
alcoholic.
The same happens on ET. Those who cannot make money are posting all the time nonsense like:
- you should be the richest…
- 90% lose
- It is fake
- …
But those who make money feel no need to post it. So on ET you have the same completely unreliable, unrealistic view on trading. Only those who cannot make money post all the time negative comments. It is clear they cannot make 1% a day consistently. Even not with leverage. Because if they could they would make $500 a day.
Many interesting people already left ET because of these negative reactions. If the only response they receive is bashing, why should they stay? Soon only the complainers will be left over. Then they can start a self-therapy group.
But it is clear that trading is a hard and difficult job and most people are not fitted for this for various reasons (intelligence, personality, emotional or psychological problems, stress...). The biggest group will never make money, not because it is impossible, but because it is impossible for them.
Some don't understand this and some deny it because of their ego.
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for a dreamer yes, reality no. The pros on CNN panel return negative for 2015. Madolf couldn't return 14% a year with a staff of pros, and he managed billions.
Maybe you are the dreamer. You take Madoff as reference for a trader? LOL
He never managed billions, he stole billions. And his staff of pros was purely to make his story credible. There is no trace about any trades at all. It was pure Ponzi. So this staff of pros was never used for trading, just to impose people.
http://www.reuters.com/article/us-madoff-trades-idUSTRE50F0BY20090116
http://www.businessinsider.com/madoff-didnt-invest-in-any-securities-for-13-years-2009-2?IR=T
I forgot 1 group of negative posters. Those who want to make people afraid and then try to sell them their products.
He never managed billions, he stole billions. And his staff of pros was purely to make his story credible. There is no trace about any trades at all. It was pure Ponzi. So this staff of pros was never used for trading, just to impose people.
http://www.reuters.com/article/us-madoff-trades-idUSTRE50F0BY20090116
http://www.businessinsider.com/madoff-didnt-invest-in-any-securities-for-13-years-2009-2?IR=T
I forgot 1 group of negative posters. Those who want to make people afraid and then try to sell them their products.
Didn't Madoff run NASDAQ? Didn't promote his business as an investment firm? I didn't say Madoff was a trader. Are you promoting yourself as a trader who can return $500/day? You like to shoot your mouth off. Selling the dream huh ...
With a 50k account and 4:1 intraday leverage, $100/day average is definitely doable, but only highly skilled and experienced traders can do that. Risking $300 a trade should get you there with good targets.
A disposable 250k is what you'll need to even have a chance at averaging $500/day. Now you're risking $1500 a trade.
A disposable 250k is what you'll need to even have a chance at averaging $500/day. Now you're risking $1500 a trade.