Or maybe they can THINK for themselves and not really give a flying rats ass what anybody posts. Better yet....maybe they laugh at those that find some special purpose in life doing nothing but that. Ever think of that SH? Hmmmm. Perhaps you should. I'd learn to start laughing pretty quick bro bro...cause this world is a powder keg and there may not be a whole lot to laugh about pretty soon. Now I'm gonna go buy some Starbucks, and then in a few hours...some puts on TSLA... turning $10,000 into 1 Million by next month. And of course it will all be documented right here on "Elite Trader".. Even the great CR8OR can't compete with the mighty VZ. "Hvala"!
Trades need to be posted in real time with stops. The trades in this journal were not real time. Once again, good catch Southall.
Come one @southall, you know that 100% is doable... just not scalable. @Mtrader, what do you trade? Options right? So on average you would get about 10% per trade? And your risk per trade woud be very high, no? Totally doable, just not with 1 mln invested. Even 100k would be very difficult. And to hit that all the time... hmm. And then, would you risk that number, probably not. So if you trade 2k each time... yeah, psychologically it's a low total $-value at risk, and perfectly scalable.... My strategy works very well... very high W/L ratio. But I can't do it with options... If I could... I would get 100% easily... but I can't since it's not scalable to that..
@TheTrue1 Can I come to Dallas in the motorhome and watch you trade first hand and report back to the ET elite? Do you have a space for a 40ft MH and sewer hookup and elec..water? Or you prefer me to come in a smaller like this one below?
Not at all, so your calculations about size and returns that are possible are completely wrong. Like most people on ET you judge without even knowing 5% of what I do. So without even the slightest real and needed information to make a realistic judgment, people on ET judge like real experts about others. I explained already a few times in detail on ET what I trade, how I trade, how I manage the invested capital and the risk of drawdowns... I have seen and experienced things that 99% of people here don't even know the existence about. Even for me it was a big shock when that world opened for me. I tried to post based on all that. But by definition on ET you have to post negative things in order to have some credibility. So I should lie and tell that I am a loser? Will that make you happy or give your ego a boost? Your posting is again proof that posters have to deliver real proof while the bashers can use, and only use, assumptions. Your whole posting is based on your fantasy as you don't now anything about me. You are the dreamer, as well as all the bashers on ET, not me.
These comments are spot on! Bashers bash while real traders and business people put in effort and are rewarded for it. Hence why my journal was do short, I proved a point but the bashers and trolls put in the most effort responding with negativity, they are stupid because the opportunity to learn is taken away from them.
Okay my bad... I thought you did options. I'm not a negative person really, I know the returns that are possible... it just happens that 90% of the people here posting that they make 100%+ returns every month are full of shit. I generally encourage honest people to do the right thing. And I don't get how you would read in my that I would call you a loser? Anyway, veel geluk toegewenst met je handel... cheers ---- PS, just a little info on how I thought you would be trading options... 'I trade average 2.6 trades a day, not 10, so already 74% less commssion then what you use as the standard commission. So 9.6 instead of 40%. My average weekly net profit is above 100% on the invested capital. So even with this paid commission there is left enough on the table. And net profit means already AFTER paid commissions' This means per trade you would almost make 10% on average. To get to that, you're trading leveraged, since there's no way without leverage you can get 10% 2.6x a day. So, on a proper brokerage account... you would get max 20x through futures/margin. So 0.5% with each trade... that's pretty impressive. So I thought, you might trade short term options where the returns can definitely be 10% on a single trade. My apologies for my assumptions....
I will post the results of my trades (trading ES) from the last two days later. But no statements, no entries or exits, just the net profit per trade. Sharing on ET is out of the question for a few years already. https://www.elitetrader.com/et/thre...ng-is-50-50-always.304513/page-6#post-4362499