I kind of have to agree with you, people (including me)...sometimes spend Way too much time online. ...after a while, you realize how much valuable time has slipped away in your life Real/quality life is spent doing anything away from the computer/web/phone.
All the reality trading discussions are on Elite trader , with a lot of Elite Tossers E T = Entertainment There is no way to get intelligent dicussions with real traders , without the tossers talking nonsense.Grailer may well be making it , provided he is disciplined and sticks to a method
This is what Elite Tossers are about , 4 posts making all sorts of claims .BARON'S GOONS ARE OPENING TOO MANY THREADS , to create positive mindsets of noobs to open new accounts .Fake discussion after fake discussions with fake traders. Can we have real discussions of trading reality ? You wonder why there are no real traders posting here.You think I am going to miss you fake traders , after they ban me?
This post tells you have limited trading skills and have failed at trading.You are posting the lmage of your limitations as a trader.You are the product of your environment and your environmental trader upbringing is shown in this post. Now take a look at this calculated risk taking , It is on a real account produces about 7000 ticks every 2 months , from premium decay. An account size of 30,000 ticks is used , and it is making 42000 ticks a year. That is 140 % a year . You can see why I don't need to be on forums stuff and occupying and eating up valuable time of real traders.look at column on far left.Why do real profitable traders want to be around losers and fakes?
I don't peddle anything :FALSE You don't wish to understand/accept my point , about your limitations "Our greatest glory is not in never falling but in rising every time we fall." ~ Confucius "The essential part of creativity is not being afraid to fail." ~ Edwin Land "Every great cause is born from repeated failures and from imperfect achievements." ~ Maria Montessori "I don't believe I have special talents, I have persistence … After the first failure, second failure, third failure, I kept trying." ~ Carlo Rubbia, Nobel Prize winning Physicist I have had a hard time in finding this formula , I have spent 30,000 hours looking for it. People like you would have been laughing at edison's failure When Thomas Edison was interviewed by a young reporter who boldly asked Mr. Edison if he felt like a failure and if he thought he should just give up by now. Perplexed, Edison replied, "Young man, why would I feel like a failure? And why would I ever give up? I now know definitively over 9,000 ways that an electric light bulb will not work. Success is almost in my grasp." And shortly after that, and over 10,000 attempts, Edison invented the light bulb. "Our achievements speak for themselves. What we have to keep track of are our failures, discouragements, and doubts. We tend to forget the past difficulties, the many false starts, and the painful groping. We see our past achievements as the end result of a clean forward thrust, and our present difficulties as signs of decline and decay." ~ Eric Hoffer
I couldn't fail to notice the lack of argument in your post, care to try again? So what? The argument wasn't about how hard you worked, it was about the necessity of hard work. Some people with guts just swing it and make it big, no hard work necessary. Leverage is the name of the game... And on the interwebs anytime you start personal attacks, you automatically lost the debate, didn't you know that? So we will let you go, we wouldn't want to hold you back from your profits, bye......
There are some people with 10+ years of proven back tested set ups that give them profit factor, win percentage as well as how many max losers in a row has occurred over that time period. So if you have that, than 100-300% per year would actually be extremely plausible. I am sure it would peak out due to size at some point, but as long as you're trading the setup it's a high probability of success. But for 99.9% of people and speaking in general it's highly unlikely you'll see returns like that, but its definitely not crazy or impossible.
If u have a small acct, you have no other logical choice but to aim for very high percentage growth. It's just not worth the time and effort to try to make 20 percent a year on a 50k acct.
Any trade is risky, would you agree? So don't think any trade has more risk than another, some trades goes with the crowd and few trade against the crowd, but often the few represent the most shares or contracts. You are so right, working harder does not make more profits, keeping an open mind and testing what most people would never test can make a difference.
Most of the people I know and that followed the "guts and balls" theory wiped out completely. It was just a matter of time to see them run out of luck. They all took the mother of all losses. Guts and balls have nothing to do with succesful trading, knowledge does. Transpiration does, but only if it is combined with inspiration, and preferably inspiration from out of the box thinking. You don't have to be utterly smart, you just need to know what you need to know. And that's clearly not being a Phd. Nonsense, because it would mean the higher the leverage the higher the profits. That's only half of the truth, you should mention that it works also identical in losing money with high leverage. Unless you only take leverage when you have a winning trade (in hindsight).