Apparently all u mofo are not good in math. Let me do the math for u: $500 X 252 trading day = $126,000/year. I don’t know where u from. But that buy a lot of peanuts.
Disagree. Obviously your system/method needs to have an edge, or provide positive expectancy over time. But risk management means a ton over time as well, if not for the simple fact that preserving your money, and compounding from that number, will turn into a much bigger number compared to taking a big loss and compounding from there... a 50% loss need a 100% gain to get back to even... I get what you mean by Soros and Buffet, when they feel like they have a big edge they aren't afraid to put a lot of chips on the table. That is different than general risk management (limiting losses) through time however.
Ok vicente..if that is what you need from the markets ...no problem....some greedy guts are NEVER satisfied. “To bed to bed said sleepy head..lets wait awhile said slow..hang on to the pot said greedy gut lets eat before we go”
Typical maths from a beginner's profit luck. Taking a very short sample and multiplying it into a "expected yearly income" thinking every day will be the same.
Less than a few years is a beginner. The fact that you think after 6 months you are a professional proves that you are a beginner.
Sometimes a beginner know how to trade or know more than someone who spend 10 yrs trading and not making any money because he hasn’t learn anything. I let you marinate that in your brain for a sec.
nothing new and that's why it already sounds trivial most of the people can spend their whole life, not just 10000 hours and will never become a sustainable trader regardless how bad they want it... they have no time, no money, no ability, and no talent also its not a matter of hours , its a matter of trades.. one has to make imho 100,000 trades (for most this number is beyond reach - they will die sooner ) before expecting to create something looking like a working method and also to whom this writing ? to the wannabe bozos? they have no ability , no trading life experience, to comprehend even these trivialities, especially on current bull market (when they think they are geniuses ).... some day they will mature , but by this time market will clip their wings and their balls .... they will become cripples , and you see a lot of those on this forum as well so all in all: those who can will figure-out on their own, those who can't will not