Exactly, people would make less money, people would also lose less money.
yeah, odt made a bit of a misstake there!
Exactly, people would make less money, people would also lose less money.
Noooooooo!!!! Say it ain't soyeah, odt made a bit of a misstake there!
Exactly, people would make less money, people would also lose less money.
My statement is based on the understanding , the few who make money do it due to leverage.If there wasn't leverage , they would end up in the 95% club.The percentage of losers would increase.
Fewer less losers would trade , but the percentage would be higher.
My statement is based on the understanding , the few who make money do it due to leverage.If there wasn't leverage , they would end up in the 95% club.The percentage of losers would increase.
4xpip I think you obviously do very well for yourself...but you maybe making guys jealous that can't achieve your levels, so maybe not best to keep going on about how you do...unless you're willing to tell us all exactly how you do it please???
Leonarda, I apologize for that if that is how I came across. My objective was, in reading many of the posts on the small gains many are getting or seem to believe that is all they can get, was to show that it can be done, and that it is not a big deal.
I don;t want to impose upon this thread, but to a degree, I am showing how I do it in my thread. My margining is always consistent at 10%.
As far as my willingness to show people, I have worked with several to show them how to develop a methodology that will work for them.
I'll take your advice as constructive, I'm thanking you for it, and I will unsubscibe to this thread. Thanks again!
I thought it was impossible for you to say anything dumber than some of your previous statements but you have managed it. Well done!
do you trade?
do you trade on margin?
I trade on margin and I trade.
Warrior, that was exactly my point earlier. The thing is lots of constructive warnings have been issued to Liam, which is good. But, it concerns me that no one believes they can make 100% per year. I made 5% today on a slow day, and that's 250% for the year not compunded.
100% per year is only 1.35% compunded per week. That is 13 1/2 pips per week for me. Yes, I keep telling myself, "There is something wrong with this picture."
Heed the warnings, but it will still be your experience that will prove out.
You don't need to fear you will get nowhere, as long as you don't do anything any different than you did when you demo traded.
You will also never hear from me you can't do 100% per year. I've done it in several months, much less a year. I can't help all the ones that believe you can't do it.
Just make sure you have safely ensconced your methodology.
After 6 years of trading, the number one thing I still have to guard against is simply staying mentally consistent, and not getting over-confident. Your confidence will grow with the success of every trade you make. It will grow when you see your account growing at a consistent growth. Through this, your experience will grow with it. After awhile of consistent, steady growth, you can get on here and tell people what you can make instead of asking.
BTW, you have some gauge. What rate of growth and over what period of time has your demo experienced? It is different trading live, because something happens mentally when you go live, but you'll cross that bridge when you get there.
My name is James, I live in west London, I’m 27, married and a self-employed professional. I also have been trading futures part-time since March this year, with some fair success.