Ask yourself this -- can you take an 80% (or more) hit in one day and be able to keep it together and keep going, and do so without any drift in your strategy?
But that depends on whether you book it or finesse it back towards parity, the devil is in the detail, trading full time is a very simple equation. You either perform capital trades which are long term high value, or you fight with the markets on a daily basis, but again the devil is in the detail.
If you have low liabilities and low debt your capital trades would be another persons income trade, meaning more relaxed trades on shorter timeframes, which means you have a significant "edge" in the markets with lower capital requirements and lower risk. So, I will provide you with a "retirement" trade, I have for the past two weeks trying to liquidate my Tradestation brokerage account, needed the platform for dev work and some YM trades. Three attempts and they are still trying to block the transfer, I have done everything perfectly. Which means the most likely scenario is that they have run out of liquidity, I am also seeing this in the hotels I'm staying at.
Over the coming months everyone is going to start liquidating, I suggest you frontrun it, this will at first push BTC down to $3,000 to $5,000 range, it should have happened a couple of weeks back but someone pushed the technicals out and PRT failed to confirm the move. Once it hits that it will go up towards $30,000 to $50,000 as everyone starts to realise your money parked with banks and brokerages is actually their money, with leveraged futures it will be one of the moves of a lifetime. There is no liquidity in the system, the first 20% you cannot see which is today, I can but that's because I have no liabilities and no debt, when it becomes visible that is when people like me absorb all the losses.
The problem is that it will not help you, to use leveraged futures you need to perfect your entry as whipsaws will margin call you, which requires Tesseract Galaxy, the name of their platform, and their Tesseract Methodology integrated via InsightR and PRT. Even on Platform only you will lose 20% of profits, and no one will tell the broker to use because there is only one reliable enough with leverage to let you cash out. For that you will need the Trade Support model losing 50% of profits, and that's before you start using the 64bit Universe platform which is hardware accelerated extremely low latency for tick income trading, I've been playing around with the PoC, it's quite spectacular.
Trading full time means you have to build your own equivalent of Tesseract, because everyone else just wants to make their own income not caring whether you are profitable or not, and given most are not they know putting any effort in is a waste of time. I absorbed huge amounts last month with very little effort, the coming months should be quite spectacular. The methodology shows me the trades to take, I just need to wait for people to trip up and make losses from their own greed and ignorance.
For those who called me arrogant, that is your prerogative, but please always remember, I will be on the other side absorbing your losses over the comings months and years as the economy unwinds, because by making that statement I already know you are indebted. To works towards full time, you need 6figure capital, low debt, low liabilities, a calm lifestyle, good food, and a methodology that allows you to absorb other peoples losses as efficiently as possible. Most people are lucky if they have one of those.
