DislikedHey guys. Id like to hear your thoughts about this.
Is very high risk (30-50%) just stupid and doomed strategy?
I like to speak more about expectancy than just risk procent.. Expectancy is defined as loss times possibility of a loss plus win times possibility of a win. So if we are extremelly picky, its possible to have the expentancies of the trades very high and profitable.
My scenario is here to have "risk account" and more conservative account of course where the main trading would happen. Picky means to me very obvious stories...Ignored
As pinbar said if you have a "gambling" account well that would be up to you. I do actually. It's money I kiss goodbye but take well educated larger risk accounts. I think of it as going to a casino where the odds are in my favor. But it is money I consider VERY different then my account and again it is HUGE risk if you are risking amounts like that. So I could blow that account but its money i personally put back and it's like my scratch off ticket that I win a lot more at LOL
But I don't recommend someone who can't build an account do this, or someone use this as an excuse to take huge risk for no reason
Best
Mike