Resouce for serious system developers

Discussion in 'Strategy Building' started by BeingProfitable, Jul 13, 2005.


  1. These are all none-sense. You only should reinvest your
    profits if you are sure that you consistently will be profitable
    in future.

    Suppose you reinvest continues for 4 years, and then on
    5th year have bad result, you are fucked up.

    Stick to fix account size, and remove the profit to the bank.
     
    #21     Jul 14, 2005
  2. Nobody knows for certain if they will be profitable tomorrow. If I didn't think I had a reasonable chance to be profitable then I would not be trading.

    My objective is to grow my trading account the best I can without blowing it out. Since I have a seperate source of income for living expenses it makes the most sense to reinvest all my profits.
     
    #22     Jul 14, 2005
  3. Have you asked yourself what % of traders go busted
    using this technique?

    They know traders usually like to hear the sweet stories
    only, and rest will be covered.
     
    #23     Jul 14, 2005
  4. Oh I know. And the majority of big traders who are still on top have blown out on more than one occasion using that strategy. I'm more risk adverse, so I will probably will never do it that way, however I won't say that it is none sense because it has made some traders a fat load of cash. "Market timing is a none sense strategy that does not work" BuyAndHoldGuru.
     
    #24     Jul 14, 2005