Taking 410K to 4million by Year End 2010

Discussion in 'Journals' started by neke, Jan 10, 2010.

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  1. #441     Mar 3, 2010
  2. i agree. trading is a zero sum game. always. that's why you don't trade all the time.
     
    #442     Mar 3, 2010
  3. heech

    heech

    For every 38 monkeys who play roulette in Vegas and randomly fling poo at the wheel (repeating throws in case of a doubled up number)... one of the 38 will be up 3700% after one spin.

    I'm not arrogant enough to say I am that monkey, but I think the other monkeys should re-evaluate their jobs (as should the guy responsible for cleaning up the poo).
     
    #443     Mar 3, 2010
  4. totally agree. lol.
     
    #444     Mar 3, 2010
  5. wtf? Your analogy just took a sharp turn off the road. On the other hand, poop jokes are always funny. So.. good show sir! lol I love ET.
     
    #445     Mar 3, 2010
  6. Probabilistically, yes, reality and economics say otherwise.
     
    #446     Mar 3, 2010
  7. Old 5% per day and me will buy Europa when we're done.
     
    #447     Mar 3, 2010
  8. ridioclous

    this guy forgot to compute that the average daily range = 2%
    you are leveraged up 20x-25x, you can blow up 50% of your capital in a 2% pitiful noise move.
    risk control is impossible when you are too higly leveraged
     
    #448     Mar 3, 2010
  9. impossible is as impossible does.
     
    #449     Mar 4, 2010
  10. cvds16

    cvds16

    yeah, right bigmouth ! NOT
     
    #450     Mar 4, 2010
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