There are a lot of assumptions in your comments, the fact that the guy who lost over $100,000 trading above his lifestyle range likes your comment shows everything that Einstein commented was correct, everyone comes in to the markets with too high expectations and few lower them enough to succeed, at least they can say they were told and didn't listen, nice dinner party talk. Now, that does not mean you can't generate market beating returns with knowledge, experience, technology, at 15-20% you need lifestyle and knowledge of a millionaire (HNW) or 0.5% probability of success, but you can equally generate VHNW and UHNW returns and above, yet the probability of that is 0.1% and below, a $20,000 algo on its own cannot compensate. The lost $130,000 this guy made if he wanted to recover within 2yrs would need 60% per year, and will almost certainly lose more at a later date, you think they will learn from the experience, that's not how the markets work but I understand your eagerness to egg them on (1). Sure let's say could recover $130k in 1yr on alpha however would make $180k doing it, I've done it for funds before, but that's not how it works, now (1) is the interesting part, the world works on trying to pass their 'survival' to the next person so that they can thrive themselves a little bit more, which is the basis on most of these comments from everyone. Now if you could recover $130k that person would succeed where everyone else failed by bringing themselves back online in 1yr not 14yrs, but in having the knowledge to do it the person generating those recovery amounts would succeed more, which is contrary to how the society works, the lower you go down the social ranks the more acute this becomes, welcome to the world of the financial markets.
That's not the reason fasting works, and only then for days until it inverts, but it's a pretty draconian way to achieve something, there are better ways. Desperation is the first way to lose money in the markets, you are competing with HNW and above, if you don't have their calm and patience, or someone you communicate with who does have that calm and patience, you lose, this will never change. This is a $20,000 algo for forex, futures and stocks are more, but it's not sold simply for one reason, it works so why would you want to, I've been testing it the past months trading private accounts before it's embedded in the platform, it times continuations and price reversals as institutional unwind positions, the results have been quite spectacular, what it doesn't do is tell you where the price will go before or where it will end, you need price algos for that. It induces calm at HNW and above, the better you use it the more calm it induces, the definition of genius is taking the complex and making it simple.
Maybe? The WSB’s mods usually eliminate frauds or the mob attack’s fakes quick. Nothing surprises me anymore with kids and 0DTE and lotto options.
Good Morning themickey, Yes, I agree with that. Desperation definitely helped me. But we all different, and have to learn what makes us better.
Good Morning TrailerParkTed, Yes indeed, that is what its all about, making that money. Good work man making that money.
Good Morning NoahA, You're more than welcome man. Keep on working at it man. You gotta figure out what works for you, we all different and have different back grounds.
Good Morning p0box4, Make your own truth buddy. My truth and your truth do not have to be equal. That is why America is beautiful and I love the CME ES Markets, I can define my own truth and try to get rich per my own likeness. Let's get rich. I am not sure why yall so focus on me, help @zghorner he is the one with like $100K who needs help trying to get rich from it. Go help that man out.