https://www.elitetrader.com/et/threads/any-one-brave-enough-to-short-nvda.376032/page-5#post-5877269 I know, I get it, cognitive dissonance when people are more successful than you, it's standard psychology, if something cannot be true in their mind then it is not true and must be broken by them, just shows you're not very good at trading as that disconnect is the primary number one reason people fail, and likely the same reason the original poster decimated their account I also get you want them to share the same fate as you, either decimate the rest of their capital or spend years trying to recover it missing out on life, and everyone wonders why the world is going down the sink hole That's the funny part about all this, there are fascinating aspects of loss recovery on more interesting capital such as $100,000s and above, firstly the broker where the loss was made are on the back foot which allows you to generate above trend returns via that same broker for a period before they throw a tantrum The other is that you believe someone would take an $18,000 commission for recovering $130k, sure in your world, the first principle is don't lose capital in the first place above 20%, after that you have had it, alpha returns means you don't get paid until you hit the benchmark. After that it's enough to pay the kids college for a year, and not the cheap ones, but that assumes the original loss maker didn't capitulate before the duration and targets, which is why rarely anyone I know who can do it does do it, because in the end they won't get paid so the original loss maker has to go through a training cycle to show they are trying which offsets this little problem. So moral of the story, don't make a loss above 20% otherwise you're on your own receiving wonderful advice which has the probability of making any bad situation worse, via public forms for wealth management where never the twain shall meet, but I have to admit, it's fascinating to watch.
a firm might hire a trader without respect to his track record. if they see skill that they can develop or if he can add value in other ways.
Your post makes no sense. I think you should get a better translator app. Perhaps, if you made some real money, you could afford a proper translation app, or a person to translate for you.
This is what will happen next, as you expose your capital in recovery you will at some point (months maybe quarters) experience a loss event from trying too hard along with market cycles, this will take your recovery profits back to zero. At which point if you don't liquidate and start again at base capital slowly building up, less is more when starting out, you will inevitably expose your remaining capital to the markets, this usually doesn't have a happy ending. Taking $90,000 capital at 25% per year, which couldn't be achieved, at non-compounded would take close to 6years to recover back to parity, compounded it will take 4years, this is your baseline. Hence why when you hit a combined loss of 20% of account balance you liquidate everything and take a very long pause, I've come across people who did exactly what happened to you, they took the same self recovery road, however I will explain simply how it works as there is no one else on this site that can. A standard hedge fund targets 15-20% per year profits (crypto is 70-100%), these require mostly accredited investors who are essentially millionaires, there are over 40million millionaires in the world with a planet of 8billion people. That is circa 0.5% probability of 15-20% per year, if you want to target 25% per year then you need to target probability below 0.5%, unfortunately the world is told in the financial markets anyone can succeed, and they can, but only within that probability range. Go back to retail (3-5% per year) or affluent (7-10% per year / mid management), you will experience more success, obviously your recovery to parity will increase with most choosing to recover the capital the same way they created it, outside of the markets, it is what it is.
Realistically, the best one could do is make that loss back in 1.3 years. But, one would have to be trading it every day with perfect risk management and obviously a profitable edge. You would also need to be trading using x10 leverage, so your average ongoing average daily total Position Value would be $900k. Your equity draw down could be expected to be at -10% at times, for up to a couple days. Your best bet is to probably walk away, and never look back.