Seems like you're saying you've spent some of those 25 years trading as a floor trader. Then at some point, you tried your hand as a day trader without giving any reason why you stopped being a floor trader. Next, you failed at day trading although most likely you had a few year lucky streaks. I'm curious why you stopped being a floor trader and which years were your lucky years at day trading. Also, did you trade the same trading instruments as a floor trader and then as a day trader ? Maybe the above is rhetorical because I don't expect you to reply nor answer the above questions. wrbtrader
He did say martingale. With large/unlimited capital, it should work, e.g., for Goldman and your pro boys.
define 'work' lol.... that is pure gambling with no positive expectancy.... I'd not call that profitable trading...
Going long in a bull market isn't hard. Here is some more information from the "not a trader" perspective:
Aren't you? I use a very small amount for trading which lets me post screenshots of 20% returns at least once a week. The rest is in DRIP.
FWIW, here is today's And yesterday's: Edit: and I've tested this strategy can scale about 10x capital without much slippage.