%% Actually that is one of the most strange parts of trading/investing to me; how many people do it not like a business @ all..................................................................................IF only 15% per 2 weeks was 30% a month/360% a year. [Actually it could be 30% a month; 360% ayear is a different deal]
there is only one thing that will save you in trading and that is, not only, knowing when you are wrong but to know you are wrong, FAST. better to lose your opinion than your money something i could never do. making a number of mistakes or losses is ok as long as it does not kill you.....it will make you stronger. i have made profit with 30% win rate
%% Sure its possible.................................................................................................. However its more likely some one will get struck by lightening] than win the lotto. NOT that trading/investing is a lotto its not/a lotto is astupid tax on people that cant do math. Most common way in the stock market to be amillionaire is buy every month for 40 years and or market making................................................................................
%% ANYthing?? Are you drunk/LOL .Yes various trend following + related. Am i profitable?? For many years+ most investors + trend followers are. Actually farmer John; you would do better to heed the poster that suggested you run it more like a busimness/but thats simply a suggestion. NOT a prediction. WILL i make 360% this year?? Thats another thread, really....................................................................................................,.
Ok. Got any specific advice on running it like a business? Any of the previously mentioned strategies for limiting risk would not work for me... At least I don't think so. But I'm willing to change my mind if I'm wrong. Btw, my account is now up 24% since March 9th. And I closed out the trade leaving about 3% on the table just to lock it in. (Eurusd)
As a pro trader running a business, you should feel totally comfortable putting the majority of your networth into your trading. Try putting yourself in the mindset of a pro. How would your behavior change if all your money was in your trading account, and trading was your only possible source of income? You would probably think: Oh shit, I actually need to know what I'm doing now. If I blow up another account I will be out on the streets. I need to find a strategy that has a real edge, and I can't take much risk. And then, you can stop gambling and finally begin your trading journey.