When does one start trading big

you gotta read that article on mark bolling if you think that's a big loss

that guy is insane

can u imagine being up 2 million?

on the DAY
 
Quote from whitster:

you gotta read that article on mark bolling if you think that's a big loss

that guy is insane

can u imagine being up 2 million?

on the DAY

__________________________________________________

I wonder if he has something to sell!
 
Quote from whitster:

you gotta read that article on mark bolling if you think that's a big loss

that guy is insane

can u imagine being up 2 million?

on the DAY

Yes but with that type of trading you are also open to being down huge on the day. It all boils down to probability. If there is a 70% chance you will make N on a trade and 30% you will lose a N then let the numbers play out and you will end up profitable over time.
 
Quote from saxon22:

I wonder how some of the successful traders move from that proverbial 1 contract to trading 10 to 50 or even 100?

By the same token, those of you who are successful in trading futures, why aren't you increasing your size to 10, 50 or 100 contracts?
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100 contracts at first glance doesnt sound leke much does it;
I mean after all, many houses /lands run in 6 figures/more:cool:

Saxon22;
Another way to study it, each ES contract=more than $$,$$$50,000.00.Multiply by 100 contracts.

I wish paper trading equals real time;
but not so.
It does help however.Cool.

In other words, ever looked at insurance companies & how they make money on risk ???????

I am glad my insurance co never knew i drove drunk as a teen;
watch this.They really rightly up the premium[$$$$] for high risk sectors like teens & drunk drivers. i am not saying all teens drive drunk like i did, but you get the high price risk point.

:cool: Wisdom is profitable to direct.
 
Quote from Trader28Lite:

Taking your first career trade would be a start Saxon... ya goose

I am getting closer to my fist battle. As soon as I enter I will post in the P/L thread. You should do the same mate!
 
Quote from saxon22:

I am getting closer to my fist battle. As soon as I enter I will post in the P/L thread. You should do the same mate!

Yeah good luck with your "fist" battle

I think that was a Freudian slip from your battles in the trailer park

Ya toothless redneck git
 
Quote from Trader28Lite:

Yeah good luck with your "fist" battle

I think that was a Freudian slip from your battles in the trailer park

Ya toothless redneck git


As always I can count on you to bring this unique level of conversation. As for freudian slip, you sure catch them quick. I hope your fisting battles are in safe and lubricated environment.

As for my teeth, do not confuse me for the guys from the outback. You got some beauties there, I tell you, especially around Alice Springs. They take the CAKE baby!!!!! :D :D
 
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