Get Rich Or Die Tryin'!

In his orginal interview he says:

"The elements of good trading are: (1) cutting losses, (2) cutting losses, and (3) cutting losses"

It is easy to conflate this with:

"keep losses small, keep losses small, keep losses small"

But they are not the same thing.

As Covel says in his 2004 book, "Trend Following":

"I’ve had the chance to review his monthly performance data for the decade of the 1990s. The month-by month numbers are eye popping. Seykota takes big risks, and he gets big rewards"

 

with that kind of capital you could easily trade for a living.

 

In your location, Hyperbad, maybe but not in London

 

yes perhaps it depends what sort of standard of living you are wanting.
yes i am in Hyderabad and i am trading with 25 usd!!!!!!!!!!!!!!!!!

 

Im sure a guy could have a pretty good weekend in Hyderabad with that kind of money

 

it is ok for dinner with two

 

i pay my maid 25 usd per month

if i can make 25 usd per day i will get equal to my monthly pension.

suggest bring your capital and shift to Hyderabad
that is why the British shifted here and stayed for one or two centuries

 

Did you get rich?