Risk management will nearly always save you from going broke. As long as you don't over leverage or have tail blow up risk. Bill Hwang went to zero due to over leverage. Short sellers and option sellers blow up funds from sudden price spikes. Otherwise you should be ok.
Hello Sekiyo, Yes sir. Bet on yourself man. Do not listen to other traders bullshit and stay away from trying to get better at trading. Just go for it all the way.
The greater the competition along with the shorter time frames makes for more difficult trading. I find it impossible to believe your formula for trading will lead to success, ever. In order to succeed imo one must get on the road less travelled. As technology advances, clicking on charts in a discretionary fashion wont do it.
Hello themickey, Please show me an algo system with a back test report that makes +$50k a year from 2018 to May 27, 2025? Please show me the report with year by year stats. Just 1 Algo. Thank you
I have an algo that is capable or returning -10K to +100K a year on a 10K account. Average return is about 50K. The Algo has a 10% chance of losing the whole 10K. Of course i'm not going to ever reveal the details of the Algo. And it's not very scalable either. Can only do those kinds of returns on a five/six figure annual risk budget and has intra year drawdowns that most people can't stomach.
Hi SML. Your own words to a fashion; "if, when I strike it rich I'll tell others jack shit about my methods, not my wife, not my kids, they can sort it out themselves just like I had to".