Increasing your position size when your equity and confidence increases is good except when it is done to the degree of reckless abandon. That is called over-trading and it can be a recipe for disaster because of the risks i've already discussed. I'm sure all of the readers of this thread will be eager to see a copy of your statement when it prints your first million. Until then most of us are seeing this thread as a fantasy. If you can consistently accrue a 26% profit per day you will soon be world- famous. Bill Gates and Warren Buffett will be inviting you to lunch soon. I'll bet even Paul Rotter will give you a call. He'll want to know how to make more than his usual $ 70,000,000 per year.
All this negative commentary makes me stronger psychologically, I know tomorrow will be a great day for me. Tomorrow I will be bullish, if market shows signs of reversal I'll be bearish. 1309.194763846627400000 next resistance level, not much resistance at 1304.50, so 1309.194763846627400000 is nothing to worry about. This is some clever shit of course, I will make a live call TOMORROW.
Dear Romik: My skeptical comments regarding your accrued profits and money management issues from your trading are based on a $1,000 investment capital amount. Your claims would be very believable if you has several hundred thousand to start with. Is this not the case? We would appreciate some clarification here. It's one thing to start trading a 1-lot of mini's with $200,000 or $300,000 in your account and requiring a day trade margin of say $1,000 and rapidly moving up to 52 contracts and quite another thing to literally start with only $1,000 in your account. In this case I think that semantics are the key to your credibility.
Gawd, you don't give up, do you? Well neither do I. I manage I hedge fund already, this is just to prove that it can be done, but only attack can warrant such ROI, retreat is not part of the plan. Thank you for your post, I know what you are saying. No trades today, my broker's line's been engaged all day long, asshole!
Romik don't take this the wrong way, becuase you know how much I appreciate your unconditional friendship, but I think you are full of.... scheiÃe caca merde skitit [شيت] (in arabic) and the list goes on and on... of course that's just my very humble opinion..
Johnie-T-Cup, one of my partners owns a neuro logistics centre, I can do a nice rate for all sceptics, trouble is, you have to go to Dallas, please pm me for special rates. thank you.