These were live trades, not demo though. If you click the autotrade data and click on the link, you see the following: "These were real trades placed using C2 AutoTrade technology in live (not demo) brokerage accounts. Even though these were real prices received in real brokerage accounts, you must treat all trading results on this site as hypothetical. The results on this site are hypothetical because, among other reasons, no single trading account looks exactly like the trading record you see on this page. In addition, these results suffer from hindsight bias. Finally, some trades (such as manual intervention by the account holder or C2 AutoSync trades) are not displayed above. Please read the full Hypothetical Results Warning available on this site. Trades marked as Gen1 were placed by non-C2 software and are not included in hypothetical price calculations."
@Van_der_Voort_4 @southall Here's is something I wrote elsewhere. ------------------------------------------------------------------------------------------ This is how you will be taught to trade by absolutely everyone, a logarithmic curve. This is how life, evolution and the handful of people who make money trade, an exponential curve. You will have to unwind absolutely everything you have been taught, that you know, family, friends, lifestyle, and then very slowly add parts back that work and avoid the ones that don’t. You will then find you are one of the few who can see how life really works and will look at everyone else wondering what the hell they are doing. The closer you get to perfection of an exponential curve, the more money you will make, but with trading you have to be in the top 1% to make any profits whatsoever. Any mistakes made by yourself or your family or your friends or even by strangers and you start again from zero. Except human nature doesn’t like that so you will fight trying to keep at whatever level you made it to, and lose by falling back in to the negative of the logarithmic curve of everyone else, interacting or directly helping them and you will regress to their mean, which means you drop out of the top 1%. The faster you identify any mistake, start again from zero, and compound the faster you achieve success. The markets, unless you’re a broker, will punish greed, the slower you trade the more you will make, because you will make less mistakes. It’s why the people who are successful trading say it’s lonely, no, life is lonely, so you generate idiotic returns and go and do something more interesting with your spare time understanding everyone else works on a logarithmic curve. So assuming you’re not born in to this knowledge which only a handful are, there are two ways, you either unwind everything yourself which takes years to decades with more pain than you can handle, or you find someone like me who would charge you obscene amounts of money, except I wouldn’t be interested as it’s more hassle than it’s worth, to explain in minutes why your life isn’t working and what you have to change to succeed. My levels of perfection are beyond anything you can imagine exists, let alone believe is actionable, institutions avoid me because I make their C-Suite execs look like idiots, years ago the 3rd largest company in the world had to cancel my 6figure contract and set their lawyers on me to shut me up because I found a $multi-billion hole in their company their CTO wanted kept hidden, shareholders lost twice that in capital. Which is why I made 18% for our fund the other week by Wednesday and as I had some spare time made 30% overall for the week before taking an Easter break. No one makes money teaching you an exponential curve, they make money making you think you can succeed via a logarithmic curve because you will be able to curve fit their methods to your experience, your psychology, your life, it’s called Cognitive dissonance - Wikipedia and in trading it is guaranteed to make you fail, the markets rely on it. ------------------------------------------------------------------------------------------ To generate three figure percentage yearly returns there are three possibilities: 1) you are born in to knowledge who hand it down but these families are measured in the 1,000s not 1,000,000s; 2) you go through an extreme event that teaches you the logarithmic curve works for non-monetary exploration but fails in generating exponential monetary returns; 3) you do a Belfort. There are no exceptions, it's part of evolution, now given I have experience of 1), I have experience of 2), and I've unwillingly been on the receiving end of extreme versions of 3) I can state with certainty that I have more experience than people in these forums combined, and probably generate more returns than everyone combined. If you refer to https://www.elitetrader.com/et/threads/day-trading-help.308686/#post-4443343 you will see for the baseline of $100,000s in capital, 1-2% per month return, and years of experience partially transitioning to an exponential curve you get to around 2.5 standard deviation, for every increase outside of that need to add an extra 0.5 standard deviation. Given that there are only 200,000 UHNWIs in the world between 4 and 5 standard deviations and 2,000 billionaires at 6 standard deviations, anyone who quotes triple digit percentage returns without extreme experience of 1) and 2) and 3) are "pond scum". I'm as busy as #@#$ with the funds, fintech, strategies, and my own personal trading so have no time for these forums as I found they are a click bait advertising focused logarithmic revenue streams, not an exponential learning environment which is what they are marketed as, which comes back to the last paragraph of my above note. Trading has very little to do with trading, it's the transition from logarithmic to exponential lifestyle, David Beckham puts all the jars in his fridge facing outwards, perfection, and that lifestyle perfection embedded itself in to his professional career. In trading, you're either in the top 1% or you're not, everything else is a logarithmic curve with a lot of experience and no financial return. La dolce vita.
This part I recognize from own experience. Most people have no clue about exponential curves, so for them they don't exist and are not achievable.
It is physiologically impossible in a short timeframe for someone to take all that information, process the contents, research the references, and determine the impact unless that person has extreme levels of cognitive dissonance in their own lifestyle or they are false flag users. You've got to love being smart. Ciao bella.
I don't want to begin endeavour of if there is a possibility of reset,exponential growth is not for me.I done some thinking about these things a lot and final thought was the same as at the beginning. There is so many examples where exponential growth resulted in failure especially in trading.I came to conclusion that by withdrawing profit and resetting to initial amount on yearly basis i would be better off in the long run and so anyone that i took money from and promised him any return on their capital.This is not even a question. I deliberately avoid exponential growth,let somebody else play that game.Good luck to them. You mention Beckham,never liked him as a player.In the world of sports in player statistics i look at what Scottie Pippen has achieved,ultimate balance between offense and defense and consistency in achieving both.Consistency is also key element in building trading strategy,by fact that i discovered profitable strategy and when is all set up able to trade it this is my offense.By giving profits back on yearly basis this is my answer to solid defense. Exponential growth imho is not the way to go to get to the finish line.Too much hope in it,too much pain when calamity destroys work that took years.Look at Livermore,Niederhoffer to name a few.I hate gambling,it has effect on me,when i go to casino i nearly freeze just from being inside.Lower risk at all costs,to me exponential growth has a feel of a gamble.
This can be combined perfectly with exponential growth. I use exponential growth and put away the profits on a regular basis. Putting away the profits limits the risk inherent to exponential growth.
Taking some of the table is your level of risk,I mean full reset on regular basis,back to initial amount. I have a problem with exponential growth,never liked it.Would rather look for more investors with the same injunction.
It only takes five doublings to turn 40K to 1million. Aim for exponential growth until you hit liquidity constraints. That will come soon enough in the smaller markets. But even in markets like the ES, it only takes 10 doublings to go from 10 lots to 10,000 lots.