A few of you seem to be natural reverse engineers, youre starting to realize this is not merely an exercise but a piece of the trader development cycle. It is a longterm project, i mean really its the very thing youre after. Youve been intentionally or should i say instinctively misled* in a zero sum game.
As for the rest of you, im sensing fear and reluctance. Until you admit that you might be wrong, your ego will continue blinding you. Im tough on arrogance because i know how strong of a vice pride is. Being right on a forum is a misplaced value. Imagine how stupid you would feel if when you finally master this craft, you end up right back here, having scammed yourself. You have to be willing to take risks to become a trader, for example guiding yourself is an extreme risk but you have to take it on at times. Letting yourself be guided is also a risk but you should take it on at ordinary times. The choice is yours, witty comebacks on a forum or a trading career.
Whoever mentioned risk of ruin, good job. Focusing on risk per trade limits your ability to build a working system. Optimal risk management is counter intuitive, i fight my intuition on a daily basis. Favorable facts are hard to accept. Real is objective, winners duplicate.
Making 10% per day a seamless feat. Not a question.
And i think that converts to 16% on a 10day average.
I would remove the term seamless at the 50-200% mark, so from 10-50% is easily done. These are my personal limitations... the true ceiling is likely higher. Dont be an idiot, keep an open mind. If my style offends you, good go away. If you can handle it, follow the white wabbit.
As for the rest of you, im sensing fear and reluctance. Until you admit that you might be wrong, your ego will continue blinding you. Im tough on arrogance because i know how strong of a vice pride is. Being right on a forum is a misplaced value. Imagine how stupid you would feel if when you finally master this craft, you end up right back here, having scammed yourself. You have to be willing to take risks to become a trader, for example guiding yourself is an extreme risk but you have to take it on at times. Letting yourself be guided is also a risk but you should take it on at ordinary times. The choice is yours, witty comebacks on a forum or a trading career.
Whoever mentioned risk of ruin, good job. Focusing on risk per trade limits your ability to build a working system. Optimal risk management is counter intuitive, i fight my intuition on a daily basis. Favorable facts are hard to accept. Real is objective, winners duplicate.
Making 10% per day a seamless feat. Not a question.
And i think that converts to 16% on a 10day average.
I would remove the term seamless at the 50-200% mark, so from 10-50% is easily done. These are my personal limitations... the true ceiling is likely higher. Dont be an idiot, keep an open mind. If my style offends you, good go away. If you can handle it, follow the white wabbit.
, so like $100K a year, or 1000% return.