You don't even know how to trade properly, Whats not important is if its 40% or 500% gain. What is important is how much heat I took on the trades. Through the heat you can estimate how big of a position I can take. don't speak if you are stupid, removes any doubt.
I've traded way more trades, way bigger size and have a ton more experience than you. Just trying to help you out son, if you want to beat your chest every time you get one right, then you haven't learned all that much. Good luck.
You do not have more experience then me period. Maybe unprofitable experience. I remember you asking me some market relative question, that tells me you know not even close to what I know about the market. Game can judge other game very fast. One slip up, I know your skill level.
Bro, been fulltime trader since 1998. If you started earlier then you win. Been self sufficient from profits via daytrading since 2000. http://www.elitetrader.com/vb/showthread.php?s=&postid=2977608&highlight=1998#post2977608 http://www.elitetrader.com/vb/showthread.php?s=&postid=3113300&highlight=1998#post3113300 http://www.elitetrader.com/vb/showthread.php?s=&postid=3171731&highlight=1998#post3171731 http://www.elitetrader.com/vb/showthread.php?s=&postid=3186894&highlight=1998#post3186894
Ok, whatever, it is not important who's experience is more. I'm just here to make big money, because big money = lotta bitches. in between I flaunt it a bit on some message board , but in reality I'm watching the $$$$$$$$ . <b>Because more $$$$$$$</b> = more bodyguards I can hire = more apartments I have around the world = more models I have walkin around with me = more WYNN seafood dinner buffett I can eat = More commercial real estate I can buy = More rent money = More braggin rights This message board ego boasting is because I am bored out of my fucking mind in between trades.
How much heat you can take depends on account size and leverage, nothing more. As far as speaking while stupid, you seem to be proficient at it Have you made your 40%?
heat is defined by the border range the instrument trades in + 1 . then its / by the probability of completion. Has nothing to do w any of the other crap you mentioned (size or leverage). Looks like all you did was parrot shit I wrote for something completely different. you are at a level 2 out of 10 in trading if you don't know how to precisely define risk. Fail. Sit back down if I were you.
Archive these posts. When it is time, we will compare our equity curves. And......have you made your forty percent????