Hello Wide Tailz, This is how trading should be for me, IMO. Go up Big or Go down Big. Lose all your money, or get rich. There should not be no in between with trading. Get Poor. or Get Rich. Hurry up to either one.
Hello Wide Tailz, I am planning to not lose buy building a trading system that do not take losses. like I show below. Are you trying to get rich in trading? And if I lose 50% of capital, who cares? What other choice do I have, but to trade sir? I can not sale illegal drugs to get rich or I will go to jail for life, so what other choice do I have in the world, but to trade the ES futures market and click every day as many times as possible until my eyes or sore, and look for the Holy Grail trading ES futures system to get Rich by clicking back test all day and night. And get rich quick. I have no money to start a business and there is no other business to start. I do not even have money to scam trading course by lying and marketing. Again what other choice do I have sir? I am poor. And I need to get rich? I have nothing. So what do you want me to do sir? I do not understand anything you are talking about. I am trying to get rich man.
I think I understand your situation better, thanks. I was hoping the lead you to the truth that getting rich slowly is much more likely to happen than getting rich instantly. But if you have no money, this is basically a lottery ticket for you. You need to work and earn money first. If no one will hire you, learn some skillz. Drywall, concrete, framing, farm labor, anything. AI can't do these tasks.
Good Morning Wide Tailz, I already have full time career job to pay bills and enjoy life. I have no worry on this. Now I need to master the ES future market to get rich within 1 to 3 years max. $1 million My goal is to make $1 million in ES within 1 to 3 years. Do you know how I can accomplish this?
OK now I understand, you feel poor because you're not a millionaire, but your immediate needz are met and your life is not in limbo. Long options are the only way I know to do this, but the oddz are terrible. However you won't lose your lifestyle if the bet does not work out. Gluttony, sloth and greed are deadly sins! Chickety check youself before you wreck yourself...
that doesn't apply to simple - there are very few traders who take a different path. he is working to "know" he will make money. some guys don't want to trade everyday like a job. but they will work everyday to figure it out to best that they can, so they can load up and make a hit. i trade like that i worked everyday for 10 years so i could know i would make a big hit in two days and do what ever i wanted to for the next 10 years. it's about freeing yourself as a slave and becoming your own master. few traders can do that. even fewer understand it.
Thanks for weighing in. Hope is one of the most valuable forces in life. As I'm getting older and finishing all my dreams and projects, I'm running out of things to hope for and it's depressing. I sincerely don't mean to suck the life out of our friend who is quite persistant, that's for sure. Risk management has been the bedrock of my limited success in this field, and I was hoping to share it with the simple one, since losing continually can traumatize the mind and make it hard to accept success later.
Small winz are all I can seem to manage, so naturally the losses need to be smaller. Anyone who can hit home runs will probably be less inclined to protect the downside.