DislikedI know what it would look like. I do this calculation several times in a month.Ignored
That said, realistic growth rates, applied for a time until forced to slow by size, can and do grow into significant numbers.
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DislikedI know what it would look like. I do this calculation several times in a month.Ignored
DislikedAt 19, you still have a grand start on a lot of the traders that venture through here daily...
A mastery of the markets, though is not easy, is possible.
Congrats on your early start and ambition.
I truly hope this market brings you everything you want and deserve.
Ignored
DislikedI agree with you on that. Now however to the practical. What happens if the markets move 100 PIPS on a $100 Mini account. The patience and knowledge required for a $100 or even a $1000 Mini account is usually not within the skill set of a new trader. I traded...Ignored
DislikedSO you are saying with 5k you over traded,and with 10k no sounds like Bs.Ignored
DislikedMy favorite compounding calc is to start with two people at the biblical time of Adam and Eve (IIRC, around 4000 BC? Don't much matter...) At 2% sustained growth per year, we'd now have a mass of flesh expanding from the face of the planet at a rate approaching the speed of light.
That said, realistic growth rates, applied for a time until forced to slow by size, can and do grow into significant numbers.Ignored
DislikedI agree with you on that. Now however to the practical. What happens if the markets move 100 PIPS on a $100 Mini account. The patience and knowledge required for a $100 or even a $1000 Mini account is usually not within the skill set of a new trader. I traded...Ignored
DislikedYou may not understand this today or even tomorrow, but I guarantee you that if you can't successfully trade a $100, or even $1,000 account you can't successfully trade a $100,000 account!Ignored
DislikedSO you are saying with 5k you over traded,and with 10k no sounds like Bs.Ignored
DislikedOf course ... a 100K account does not make a successful trader ...
But from observation it is not in line with most finance services that I know ... that a 100$ or 1K account can be traded with same success than a much larger one ...
Results from observation behind the bars do tell other stories ...
And even the managed products from services like MAN are more successful if you compare the Fund-Pro-Products of them with larger 'stakes' with the normal managed Funds (which start with 50K minimum only) ... although same management staff...Ignored
Dislikedyou said 'bull bull bull', what do you base your strong bullish opinion on? just curiousIgnored
Dislikedyou said 'bull bull bull', what do you base your strong bullish opinion on? just curiousIgnored