No I was able to achieve high returns only when using a stop loss. For example at the end of Feb I was up 160% for the month. Almost half of my trades in Feb ended in a stop loss but I also had some big wins. Then one day I decided to not take my stop and blew up.
Turning $822 into $210432 by July 18, 2008
- Thread starter IndexSwing
- Start date
No I was able to achieve high returns only when using a stop loss. For example at the end of Feb I was up 160% for the month. Almost half of my trades in Feb ended in a stop loss but I also had some big wins. Then one day I decided to not take my stop and blew up.
actually thought of you this morning...did you get stopped out?...was there a big loss?...I honestly hope you did not get slammed by the huge rally today...please update...we really want to see you achieve your goal...
"Tomorrow, and tomorrow, and tomorrow
Creeps in this petty pace from day to day,
To the last syllable of recorded time;
And all our yesterdays have lighted fools
The way to dusty death. Out, out, brief candle!
Life's but a walking shadow, a poor player
That struts and frets his hour upon the stage
And then is heard no more. It is a tale
Told by an idiot, full of sound and fury,
Signifying nothing." MACBETH
Creeps in this petty pace from day to day,
To the last syllable of recorded time;
And all our yesterdays have lighted fools
The way to dusty death. Out, out, brief candle!
Life's but a walking shadow, a poor player
That struts and frets his hour upon the stage
And then is heard no more. It is a tale
Told by an idiot, full of sound and fury,
Signifying nothing." MACBETH
Anyone can turn $822 into $210,400 by July 18, 2008. But turning $822 into $210,432 by that date simply defies comprehension.