Swing trader ….. $9K to $80M in 8 years

Discussion in 'Trading' started by BKR88, Apr 2, 2024.

  1. kenten

    kenten

    jumped the last page hoping issue would be resolved ,
    faced someone having fun with someonbe elses skull
    internet
     
    #81     Apr 7, 2024
  2. Hello Padutrader,

    You can watch Al Brooks trade live for 1-2 days for $2500. You can meet him in person too. Just thought you may like this event


    https://www.brookstradingcourse.com/workshop/al-brooks-live-trading-workshop-orlando-2024/
     
    #82     Apr 7, 2024
  3. Snuskpelle

    Snuskpelle

    He won the QE lottery for sure. I do think that making the best of what the circumstances offer is fair to term success though.
     
    Last edited: Apr 8, 2024
    #83     Apr 8, 2024
  4. Thon1960

    Thon1960

    A swing trader is an individual who seeks to profit from short to medium-term price movements in financial markets. Unlike day traders who execute multiple trades within a single day, swing traders typically hold positions for several days to weeks, aiming to capture price swings or fluctuations in market trends. Swing traders often employ technical analysis techniques to identify potential entry and exit points based on chart patterns, indicators, and market momentum. They focus on capturing "swings" or price movements within the broader trend, aiming to capitalize on both upward and downward price movements for profit.
     
    #84     Apr 11, 2024
  5. tomkat22

    tomkat22

    If it's true and Kris did indeed lose 25 million in 2022 then shame on him for not realizing sooner that his system/strategy was just not working in that environment. That really is a staggering amount.
     
    #85     Apr 11, 2024
  6. newwurldmn

    newwurldmn

    yeah. Shame on that guy for sticking with a strategy that made him 1000000percent as he went through a 40percent drawdown.
     
    #86     Apr 11, 2024
  7. tomkat22

    tomkat22

    So you dont think a 25m loss in ONE YEAR seems a bit excessive? Watching 40% on my wealth evaporate so quickly would be devastating for me.
     
    #87     Apr 11, 2024
  8. newwurldmn

    newwurldmn

    but that’s the reason you, nor I, haven’t made the returns he has.

    if he was scared with a 40percent drawdown he wouldn’t have made the 500percent annual returns he has.

    live by the sword. Die by the sword.
     
    #88     Apr 11, 2024
    schizo and Picaso like this.
  9. tomkat22

    tomkat22

    I suppose that's one way to look at it. Another way to look at is he was showing symptoms of a degenerate gambler. Traders are gonna trade and I'm sure he felt he could trade his way out of a massive drawdown. I'm sorry I just cant find an excuse for a veteran,experienced trader like Kris to lose that much IN A SINGLE YEAR.
     
    #89     Apr 12, 2024
    SunTrader and Picaso like this.
  10. Darc

    Darc

    Yep, KQ admits in one of his Vids that he over trades.

    When you watch his Vids, he makes it seem soooo easy. I wonder how many people have watched his Vids and thought they were going to make a fortune and went broke.
     
    #90     Apr 12, 2024