There's no such place as heaven, but I intend to help the less well-off by spending every past penny I have. Nothing will be left in my last will and testament.
Never quite understand why people want to sit in front of the screen all day long then you can make longer trades and make the same amount of money.
Try a swing trade once in a while, in the Equities. See how it feels. I think too many people have just started to get comfortable with the mushy long from Oct 2nd of 2019. Bad sign. They are falling into the traps I fell into. Mmm, be very cautious folks, on your longs. This election cycle is going to be rough.
The way how some of your talk about win rate makes me surprised. 51% win rate is not necessarily worse than 70% win rate and it does not tell you much about your sharp ratio. It depends on much often you trade and what % you make per trade. 70% win rate where only one trade per year happens and it makes 1% profit is not going to look impressive. I am wondering if people here share what % they make per year. Would be nice to have an anonymous poll or something.
Strike rate goes hand in hand with expectancy. You can win 99 times out of 100, but then give it all away on a single trade.
Good question. Are you another poster trying to find the secret of the holy grail? I am in position of the holy grail but you will probably not believe me. The holy grail is very much like the cup in this Indiana Jones movie. There are many cups that are similar to the holy grail and all do the same thing as the holy grail which is to hold water. But the true holy grail you will never know what it is because it is different from the other cups. So like the cup analogy there are many cups that look and imitate the holy grail but none of them can come close to being the real thing
Sir, you aim too low. If you truly have a holy grail and you love the beaches, aim higher, go retire to the French Rivera or Monte Carlo.