I am so tired of these people who say it is not possible to have losses larger than gains. The frack, man.
Hello Overnight, All of my losses are larger than my gains when I day trade. It is very possible, I am witness to it with real money and I have proof to show you anyone it is possible Disclaimer: These are just my trading opinions. Please do not take what I say as truth because I can not prove any I say makes a lot of money trading. Please trade per your own responsibility. I have been day trading manually for 4 years and my total profits is about -$11,500 so I am not a profitable day trader, yet.
I do not need you to attest with your opinion that which is your fact. My facts are plastered here on the site. And you are apparently stating a fact, not an opinion, about your 11K loss. So you and I agree on this issue.
I am not so sure he meant it the way you are taking it but it is certainly much easier to have losses bigger than gains. So easy to do! LOL …MOST TRADERS DO! That is of course what blows accounts if FOT has more losses than wins.
And let me tell YOU something, you Volpri fugger...The average down shit would have worked for the last two weeks SWIMMINGLY. It is so obnoxious! OMG it is so annoying to have a feeling for an idea, and then to see how it would have worked this past week. Easy money with enough capital. But discipline told me NO because I have a hangnail long at 4203 on ES. GAHHHHHHHH! THIS is the environment, a ranging market, where averaging works so well. But again, nobody saw this tight range coming. *sighs*
Hello Overnight, Yes, I think everyone agrees on this. However, one thing I am working on in my trading is Drawdown Recovery plan, so when the losses come, I am ready to recover them. Disclaimer: These are just my trading opinions. Please do not take what I say as truth because I can not prove any I say makes a lot of money trading. Please trade per your own responsibility. I have been day trading manually for 4 years and my total profits is about -$11,500 so I am not a profitable day trader, yet.
Trust me when I say this. Lose the "Disclaimer" paragraph you are placing in every post. It is distracting and unnecessary.
Hello Overnight, I will post again as I see fit, when I am discussing trading and my thoughts of trading so I do not mislead traders when my trading theories.
Lol Overnight whom I also call Fedex gripes about many things. Lol. Some of his gripes are legitimate to be sure. He does not like the Federal Reserve. I don’t either. "Even Woodrow Wilson would regret his actions and before his death, stated: "I am a most unhappy man--unwittingly I have ruined my country." "The bill passed on December 22, 1913, and President Wilson signed it into law the next day. Later he regretted what he had done. Wikipedia
President Wilson later came to regret signing the bill: "I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men." Wikipedia