Bro this is the first post you've made I just can't give the thumbs up on. It hurts that we're on opposite sides for once, hopefully our relationship maintains throughout this test, but what I said it's just too true.
Good Morning Concinnity, I was agreeing with your comments you posted. The trader with a proven back record owns the world. I agree with you. What about my post you do not like?
Hello Concinnity, LMFAO HAHAHAHAHAHAH That is funny. Well, if you have an algo that you can prove to him can make him $1 million in less than 2 years, he would love to speak to you. His demands is millions only. He made about $4 million in the forex market with an algo. Let's just say he got very lucky with that algo.
%% 3 years = minimum; 10 years or 20+ = much better, certain to include a bull + bear cycle. Dave ramsey helps a lot; but he never uses leverage, even in business, but he went bankrupt using sounded like extreme leverage. I fund my trading-investing with my business profits . Investors or RE + business people may get83% profitable investments; 3.9% DD may work a year. 3 years or 10 years; most likely much more DD\ even with cash or mix of leverage + cash ETFs. Also money market 2024 has 0.00% drawdown; most money is made with bigger DD. ,
A lot will depend on your desired geographic location. Always a backer if you genuine https://www.elitetrader.com/et/threads/prop-or-individual.377803/page-2
Ty for the reply. Unfortunately, they cater for MT5 trading on forex and some CFD equity indexes and major stocks. I require other futures, than what they provide for < If you're using a mathematical and skill approach, it's fairly high probability that what you're doing should work on nearly every tradable asset including futures. >. I can't come close to agreeing with that. Obviously, different instruments have unique characteristics and yet their trading may still be mathematically and skill based < The glorified scam thing is really only true if you can't intra-day trade at a high level. No, I don't primarily trade intra-day (I do sometimes) and no that shouldn't be a requirement < So, how is it truly a scam if they pay out? > High Spreads Limited instruments Implausible conditions that are beyond the performance of even successful hedgefunds intolerance to occasional drawdown that's consistent with an OK r/r operation < If you think the drawdown is an issue the a solution could be you could copy trade multiple accounts and just use 1 micro on each. That way you can trade more size, while still having plenty of room to let your edge play out. > Interesting solution! But it'd require a large capital trade relative to gain