The consequences of giving away the holy grail

There are a few things you might want to consider:

1) - as the account size increases, a certain psychology starts to kick in. So your returns won't be same depending on your account size. Each account size, brings its own psychological perspectives.

solved the phsyche issues already

2) drawdowns and losses depending on account sizes are different.
I think even Soros made some mega losses, after his mega wins when he "crashed" the pound.
I wonder how these losses "felt" like for Soros. Even as a billionnaire, I'd bet that he still felt some pain,
and it changed or influenced how he went to trade afterwards.

it is a mathematical formula with f % risk of the lowest amounts.Sorros was not using formulas , just speculative bets.

3) as the account size, liquidity issues can become a real problem. Not in forex ( after all , in forex the money is won over Central Banks) , but when you talk about stocks it can be.

index futures , highly liquid

So at each capital balance, you can not just extrapolate returns and drawdowns from previous lower capital balance.


depends on the maths formula
 
You can refuse to answer : what is now your trading account size ?3) as the account size, liquidity issues can become a real problem
What balance size do you see when you look at your trading account?

My account size is 100k , but I know where it is heading. 100 lots is easily filled on liquid options atm.

noted:3) as the account size, liquidity issues can become a real problem
 
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So how many millions or billions have you made?

As a side note, when you search for Dunning-Kruger, Trump comes up - that's quite accurate.


There is a saying

Don't think in money value , it triggers your emotional brain of greed and despair, think in % because it is a fairer reflection of doing the job right.

Many phsychologists say , don't look at your account , look at following rules
 
There is a saying
Don't think in money value , it triggers your emotional brain of greed and despair, think in % because it is a fairer reflection of doing the job right.

Many phsychologists say , don't look at your account , look at following rules

Thinking about the Money... in trading ...can be debilitating...you almost have to be Psychotic,
-- and only view things as mechanical and percentages and an emotionless, meaningless, stupid, boring game :confused::wtf:
 
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So why are you talking about percentages? Full-time traders don't talk percentages because there are very high return strategies that can't handle any real size.

Just for entertainment though.
Since you're trading real money at 2% per week, after 3 years of trading you should have over $2mm if you started with $100k. Compound return at 2% weekly is 180% annually.
Since @lawrence-lugar is doing "more than that" then he must be making over 300% annually. Allow me to be skeptical.

I know some traders who shift their funds each month and keep day trading account same amount, good way to limit possible losses, so making 2-4% a week or more very possible as account never grows, whereas when much larger, percentages is like something to check on December 31 and half crocked.
 
it is never a good idea to base your decisions on your P&L. The danger with watching your P&L is that it encourages gambling in the market. If you constantly watch your account to see how much you are winning or losing, then you are, in reality, unconcerned about market moves, and you are principally concerned with making money.

The problem is that watching your P&L will cause your emotional senses and your stress levels to rise. You will begin to threat and sweat over every small movement in your account,
 
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