Why don't you take 10k and try to make 50% per month ? thats your $1,300,000 salary right there. No need to attempt to make 5% per day.
As someone who took a small amount of money and multiplied it several times left a college course I hated to make it as a trader, I have an...
I bought it about 2 weeks ago it seems pretty interesting so far.
I am an agressive trader by nature, I have recovered from most of my drawdown currently at 22% by betting big with tight stops on high probability...
If you are serious and have a great 3 year track record with a decent sized account which I assume you do since you made $240,000 off one trade,...
Assuming a yard is $1,000,000,000 then no Im at about $20,000,000-$50,000,000 per month
Yup, I have been clouded by a lot of folk hear saying that charts are BS etc. I had sizeable shorts on USD/JPY, GBP/USD, EUR,USD I closed them...
European GDP YOY beat estimate of 1% coming out as 1.1% US CPI YOY expected at -0.1% came out worse as -0.2% But the dollar rallied against most...
UPDATE: CURRENTLY IN THE GREEN 1% ON OPEN TRADES. I SEEM TO HAVE GOTTEN MY GROOVE BACK
The plan was to have winners equal or double my losses but internal conflict caused me to cut winners short so they would always end up a fraction...
Im not afraid of risking 1% to gain 3%+. I was risking 5-10% to gain 10-20%+
The reason I lost 40% was because of short term speculation on 5min and hour charts. Trying to double my account in a month. I went back to my...
UPDATE: DRAWDOWN 41% Risked 1% to make 7% one of the better trades of my career.
I have been paper trading the past few hours but it confirmed that my actual strategy is not the problem but my fear of losing is. After trading...
UPDATE: DRAWDOWN IS NOW 45% Feeling doomed to be honest can't remember my last real win in the markets. 45% Is beyond crazy so I am going back...
But so few continue that mindset through to adulthood. Is it because of parental/school influence ?
But dbphoenix is right nurture plays a huge role, our belief systems shape our lives, 99% of people believe that they don't deserve to be...
Maybe thats why those psychopath/sociopath genes got weeded out. Those folk tend to anti herd and would have got killed off quickly.
I think its evolutionary more than anything, if you took big risks back in the hunter gatherer days you would have gotten eaten by a lion or...
I will agree in that trading without inside info its mostly educated guessing but there is nothing wrong with that. I looked at UK and US data...
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