Only 9% of traders earn positive lifetime net returns

Discussion in 'Trading' started by Prospergain, Jan 11, 2025.

  1. VOLdemort

    VOLdemort

    nobody cares. Who markets a 500x system?

    Nobody will stake him by looking at the distro of returns let alone the reported metrics as they don't match the former. It's a retailer trading garbage with a BO-system + some silly Fibonacci (description).

    I'm still lolling at the thread title. The upside? At least he's not selling sim-puts on SPX like @fullautotrading

    You couldn't sell this to clients at Lind-Waldock.
     
    #111     Jan 12, 2025
    MarkBrown likes this.
  2. This ^^^
     
    #112     Jan 12, 2025
  3. VOLdemort

    VOLdemort

    he has enough trades in the "real money" portion to know the 2:3 risk at 59% hit rate is utter fantasy. GIGO.
     
    #113     Jan 12, 2025
  4. Businessman

    Businessman

    The real money trading seemed to have 53% win rate and 1.8RR. Which is still outstanding if the wins and losses were randomly distributed instead of being lumpy as his equity curve is showing.
     
    #114     Jan 12, 2025
  5. ph1l

    ph1l

  6. ironchef

    ironchef

    A few real professionals have chimed in. You should listen and take their opinions to heart. You may not like the answers but they are the honest feedbacks you needed.
     
    #116     Jan 12, 2025
    Prospergain likes this.
  7. VOLdemort

    VOLdemort

    I was approached by the brokerage firm Instaforex through my website, offering to fund my strategy with $10,000.
     
    #117     Jan 12, 2025
  8. Bad_Badness

    Bad_Badness

    There are several "No go" that either need to be overcome, be ignored or be naive about:

    1) Forex: So many red flags here: Trading venue risk, global/nation risk, very high leverage.
    2) Lumpy gains. People want more certainty versus gains. What if that one big gain period never happens?
    3) No other backers. People want either a verified track record, or others to be in the same boat as them. Preferrable experienced, knowledgeable people with them.
    4) no real explanation on why this works that is sufficient.
    4) Introduction through the internet.

    Risk adjusted, it is simply not worth the time to vet, time to manage passively, given the amount of money that would be allocated.

    Every rich person has hundreds of opportunities and pitches all the time. It is like you are in a grocery store and asking people to buy your product with a 10K risk. People might be polite and ask questions, but only fools are actually interested.

    So to answer the OP question. Looks for fools, whose are quickly parted with their money, or ask a friend or family member, AS A FAVOR, to stake you. 10K or 20K is nothing to a "good" cause. I have a friend stake me 50K, but I collateralized it with a 1 mil stake in good, but illiquid investment which he acquainted with. (He is getting 10% return and has 20K to go to full return).

    If they believe in your ability, they will help, not because of the system, but in the belief that maybe the next version will be better. They will work with you to pay them back and get you scaled up. Frankly rich people who are kind don't really care that much about the money at this level. They care more about community and helping those who are honest and trying to make something for themselves and their family.
     
    #118     Jan 12, 2025
    Prospergain likes this.
  9. Overnight

    Overnight

    BULLSHIT! Where is your journal?!? You lying sack of shit!

    You cocksuckers are such asstastic liars. And don't bother reporting me to Baron. I'm going to see him in person in 3 weeks, you fucks.
     
    #119     Jan 12, 2025
    Wide Tailz likes this.
  10. Are they finally taking you to court ?
     
    #120     Jan 12, 2025
    VOLdemort likes this.