You are an idiot for saying this. Do you think someone paranoid ( in any way ) would do this? <iframe title="YouTube video player" width="480" height="390" src="http://www.youtube.com/embed/GV4RJq2uiWA" frameborder="0" allowfullscreen></iframe>
All standard tests disagree. If I were an idiot, you wouldn't be capable of writing, you would be something like an amoeba or something like that.
0.6 pips or better in the euro. No, if you max out on futures, at least when I traded them, and you are wrong, you have to reload if the hit is bad enuf. If I bet the farm on spot and miss badly, I know I can come back on the next set-up. Stress if eliminated. No reloading, no blowing up. This has pros and cons. Yesterday I had a 50% day. No patting on the back tho, cause my next bet the farm trades could pull me underwater, it has not happened yet, but I never want to be "fooled by randomness"
He stated in the vid that he had recovered his 6mil loss with earlier trades and this 5 mil gain was icing on the cake, I know how he did this. If I am right, when he took that hit, he began nibbling rather than swinging for the fences, then when he was back where he needed to be, he bet the farm again, I trade exactly the same way. Just a guess of course.
If you study Gann, he is about risk control as well. His advice is to never risk more than 10% in any one trade. That is a max loss, tho. You should know if you are wrong well before then if you use all the rules.
A 50% day yesterday, and 30% days are not unusual for you? May I ask how you are calculating these percentage returns? Also, are you...God?
People are envious of others Surf. Remember the book, Envy, a theory of social behavior? A good read, btw.
I think risking 10% of pre-entry capital on a single trade as a matter of course is insane, or right next to it. Also, if you "know you're wrong well before then if you use all the rules," then that implies you get out sooner. Which means you are not actually risking 10% after all. A bit circular, don't you think?
Who said paranoid was an insult or envy?. It was more of a compliment. Do I envy PTJ?. Yes. Sure. A little at least.