Quote from Emini Maestro:
Yes, another rags-to-riches thread, full of grand hopes and pie-in-the-sky spreadsheet projections dancing in the head of another losing trader predicted to blow their account at least three times before giving up on their trading systems of early retirement. Oh, the blind idealism and newbie rose-colored-glasses...
Funds set apart in a side account just for this spectacle. If it blows, it blows. Balances posted are net of all trading expenses and commissions. Go!
Balance as of 10/30/09: $1,430.32.
Quote from TraderZones:
One can separate successful traders from the putzes, based on threads like this.
The putzes start threads like this, and other posters cheer them on, being devoid of understanding Risk-Adjusted Rewards and trading statistics (Profit Factor, Sharpe/Sortino, drawdown analysis, Risk of Ruin, etc.)
The (possibly) successful traders, know a fool's errand when they see one, and know the putzes are much closer to blowouts than to successes.
