I don't know. My prediction is normally bad. anyway, in case of doubt, always assume you are up to no good. One thing is for sure, you are not a newbie !!!
see? you are not a newbie. how much $$$ did I lose? a lot! I don't dare to count. good luck newbie / oldbie / OP
%% IN that context, it means i dont borrow money to buy guns or ammo...........................................................................................Average hit rate on doves =20%.[Hit 1 out of 5] May do better in Argentina where you may see a river of doves that is nonstop, so to speak But with that many/ easy to pick your shots all day long.
Elon Musks favourite number is 42 and (he also seems to like 420 and also 69 ). So yeah, perhaps using these numbers could make us rich as well.
Millionaire had the most accurate answer. The game is to tweak your system in pursuit of that 1000% figure. The closer you get to it the better trader you are, that is how you can quantify day trading performance, ive personally surpassed this figure, yes you heard me right. the point of this thread is to expose how aspiring traders always assume they understand the math behind this, they go through a lazy phase where they convince themselves there is no depth to this, they say things like i already know this, whats the point, bla bla, but in reality they're dreading the work. theres more to it than meets the eye. what is truly possible would surprise you. i could care less if you believe me, you're the one missing out, you're the one self limiting. you are too afraid to dedicate yourself, risk some time and energy in exchange for a very high personal time valuation. the truth is you dont know what you're doing so how do you know what is and isnt on the table. pretending to know is part of the lazy phase. you have to justify mental lethargy somehow. listen to chat with traders podcast, listen closely to the verified money managers, there is an underlying thread, they are all in agreement with me, hit the gas hard and fast when you're correct, it makes the game worth playing, that is almost the exact quote. i wont provide the link because that would be too easy. im going to make it difficult, go find it you lazy bum, this is what you need, some tough love, you need to be told you dont know shit, you need a flame under your ass. read my posts and ignore the negative feedback, read between the lines, im giving you exactly what you are missing, the very thing thats stopping you from cracking this game wide open. i needed a wake up call, its different for everyone but when it happens you will surprise yourself. believe that you can be the best trader in the world and succeed them all, this mindstate coupled with extreme work ethic is your only chance. without it the odds are stacked against you, im giving you the real edge. that is how tall this order is, that is how demanding this skillset is. you will be rejected, denied, cut from the team for life, if you dont humble yourself and listen to those who claim to know. i didnt do this, i never truly listened and took the long route, figured it out myself, but i came to the same conclusion that the pros were trying to tell me all along. if you do what i did, take the long route and solve it, consider yourself lucky because the odds of internal surrender are very high. why not take the open shortest path first? if you can sense the authenticity, send me a pm and beg me, im done being nice, i sacrificed a lot to acquire this knowledge and if you dont respect that then you are not worthy of my time. im allowed to do this, i dont owe you anything, you are not entitled to the information, i can withhold it if i wish, i set the pace, play your cards right, be humble, be genuine, respect the craft, stop wasting everyones time. the truth is you dont know and will never know with this attitude. your lucky im even entertaining the stubbornness, i just see myself in you all and take pity, i can relate, thats the only reason im even on here. for those that are brave enough to approach me, your fucking luck i have a heart. i should let you go though what i did and hope for the best but i have a soft spot for the younger me. youre welcome
There are basically two ways to get rich in trading, (1) go big, go for broke, swing for the fences or (2) incrementally make continual gains. I prefer (2).
Right, so you have found the secret to trading and now want to share it. How many times have I heard this line?