"All dreams are valid" ~ Lupita Ny'ong'o
Seems like a bit too ambitious but notice that I concentrated on losing and not winning. The point is capital conservation.
I am on the seemingly impossible journey of never losing 8% ever on my account. It is through this thread that I intend to document my process in terms of thought and action to try to fulfill this goal.
I believe that if any trader can trade without losing 8% per month, that would be an incredibly successful trader. If that trader was to make any profits within the year, then they would be considered a great trader.
I do not intend to disclose my strategy but as all the trades will be documented real time that wont be hard to miss.
I believe the real devil is in the money management and risk management.
It is my honest belief that within 12 months even if I don't succeed in this goal, I will have gained some sort of discipline.