I hope not either. This truly is the only edge in trading and is the best, most salient advice one could ever receive.
Thanks, Debit. Win or lose- the ne'erdowells and broke souls who haunt this board reveal themselves clearly with the h8.
I followed this thread by coincidence and it was an eye opener for me. MS took losses between -17 and -36% on 4 positions. Horrible. The average loss on the total investment was -24%. So his ending capital is 76% from his initial capital. He went short (full position in my calculations) again at 86.70. The prices have to drop 31% to be break even ( without commission). The prices have to drop 44% to make 10% (without commission). The prices have to drop 57% to make 20% (without commission). Now I understand why he believes it is impossible to make decent returns. The way he trades it is indeed impossible. I trade futures with high leverage. My stop is on 12.5% only. So my risk per trade is 3 times smaller than his first trade (short 67.09). Price drivers or price divers?
You do understand that this is a WIND UP Thread and the OP was never short right? By the way, a 12.5 percent stopout is the road to certain ruination.
Wind up or not. He is following a "system". So simulation or real, it sucks. About my stop. I started trading in 1990, wiped out my 50k account in a few months. Started again, and still survive since then. I make even money! I take every month a big chunk of my profits and put it away. Even if I blow up my account three times in a row, nothing can happen. I put enough away to never go broke again. Before making statements about other people it would be wise to first know full details about his trading and capital preservation system.