Conversely, I remember reading something about reducing position size to the sleeping point. Probably intended for guys like me. I'm no action hero.
didn't reread the book for some times. But I think he admitted something like he actually get stop out numbers of time before he was able to pick the last tick of a top or bottom.
Go back and read my post properly. Where did I say 'a year'? I said $1million in profits. And yes I have made more than that since I started trading.
Profits not over a time period are a meaningless number. Actually $ Profits are a meaningless number for the purpose of measuring trading skill.
Those who claims made millions in trading "Show me your pay check. I work for you" - Donnie Azoff from Wolf of wall street
It's not a big brag, I been trading for 25 years. So it works out less than 100K a year on average and even less after taxes. I have had winning years and losing years. The losing years are hard going but good for developing discipline and risk control. The winning years are exciting but bad for discipline. You take bigger risks even after the winning period ends.
Appreciate your honestly and applaud your discipline to stick with your trading plan. I thought most here have for no losing week or days.
If I could make money from trading every day or week and/or was making $1million every year, I wouldn't be wasting my time posting on ET