I understand 60% is way too much for fresh wannabe trader and it's too big for a institution managing OPM. But I'd rather trade with high risk for high reward, than small risk for small reward. I'd be better off starting a business if all I could get was 20% a year. It's a matter of personal preference, when my equity is in tens of millions, then maybe I'll be satisfied with 20% a year.
Is LuckyP following the commercials? I lost 50% of my 24k steak trying to follow them, but I hadn't defined how I would 100%. Even so, if I had $500,000 and had a well defined edge esp the commercials, I would think losing 50% would be near impossible....
Sold platinum @ 1520.25 Sold wheat @ 601.38 Account Value 220k, drop due to being long stock market indexes.
Hey Handle as always beautifully put within the full expression of life. He wont get it but its good to see your wisdom all the best John
Sold AudUsd @ 1.0204 Sold EurJpy @ 104.38 Bought UsdChf @ 0.9200 Account Value 220k Oil is funny. Just when long term trend indicator started to show up trend, price went below signal line. We'll see what happens, but probably I will go long soon.
Account Value up to 243k. Still need to make about 100% to break even, I haven't lost faith in the system and planning to stick with it. I'm heavily short eur, although I heard today radio news about how weak it is, so probably that's the end. Will not override the system though.