I'll get back to "Ferru" and "NJaNeer" Quoting NJaNeer I want to see the math for an account with 50:1 leverage go from 50$ to 1 Million with 20 trades. This entire thread is about high risk with high rewards. With most currencies averaging 20+ ...

Food for Trading Thought

Dude.............. you misunderstand me entirely. I LOVE HIGH LEVERAGE But there's no use in even trying to say something remotely sensible here so you can have it.

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

OK.... you enjoy saying "wrong". That makes you feel good. Cool. So you're talking about 50% risk..... I'm just not keeping up. So let's say that I have a $100k account and I risk half of it (50%) Does it matter if it's leveraged or not !! I could ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

You see...... the difficulty lies not in leverage in your trading account but in the leverage of your household account. Are the payments on your house more than you can afford because you borrowed 750k on your million dollar home?????? It isn't the ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

PS...... after all these years I haven't encountered one single trader who can explain why risking 4% on a highly leveraged account is different than risking 4% on a non-leveraged account. Will you be the first???? Ferru???

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

With all such respect in return. If I have a $100K account with 50:1 leverage and decide to risk 4%..... "risk" would be the stop loss If I have a $ 100K account with 500:1 leverage and decide to risk 4% "risk" would be the stop loss. I can risk 4% ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

Not really. If anything involves the percentage of account at risk then leverage has nothing to do with it. Simply because you have higher leverage available doesn't mean you use it all. If you risk 10% of your account or 5% or 2%, you can do that ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

"This old man I've talked about Broke his own heart, poured it in the ground Big red tree grew up and out Throw up its leaves, spins round and round I know all this and more So take your hat off when you're talking to me And be there when I feed the ...

Trading Without a StopLoss

Well THERE you said it Joe. "If you are profitable, then be content with it". Then why dog those who might "dare" to use a S/L while you call it gambling. STOP being such a hypocrite !! You're worse than a government.

Trading Without a StopLoss

PS @ TEB63 "thx for your thoughts!! I love hearing from programmers!! " My opinion is that you don't "love" hearing from anyone unless they agree with you or you them. That's why you barred me from your thread before I had posted a single reply in ...

Food for Trading Thought

Different strokes..... as they say. I traded M15 fairly successfully for quite a while. Somehow, I couldn't understand staring at that in terms of 20 or 40 years so decided to (try) and switch to longer term, most 4H. Hopefully, I could "check" on ...

Food for Trading Thought

The above post plus this post.. equals this post.... I continue to live under the "weirdness magnet" simply via a reply. Not sure why... It's the Weirdness Magnet !!

Trading Without a StopLoss

Food for trading thought: There are no "secrets". Only methods/systems to which one should adhere to after becoming even a little proficient in aforesaid. Practice. And.... why estimate "chop ranges" when trading with the trend.? Why not just ...

Food for Trading Thought

LOL !! You and Dave Barry ....... Living under the influence of the Weirdness Magnet Read more here: url url are my favorites. See, no argument? Just a laugh.

Trading Without a StopLoss

You're right Joe. (?) Even if someone uses S/L's and has a 100% success rate they are "self defeating" by using a stop. Can you explain any kind of rationale or logic there? No you can't because there is NONE.

Trading Without a StopLoss

But really should have been posted here (while no one watches)). url

Food for Trading Thought

If you really think about it for MORE than just a minute, this could be one of the more absurd posts I've read in recent memory: @TEB63 "I am not a programmer, But I was speaking to one (if not the top) Programmer for one of the big 5 banks in ...

Trading Without a StopLoss

Let's get real. Beginner Joe is an FF "plant". He has hundreds of posts but still listed as "new member".

Trading Without a StopLoss

1. “Succinct Summation” (yes, I borrowed that) of some differences and for the year in general. With 2013 nearing an end one could reflect on anything one has read or learned. Regarding FF threads; “Why Simple is Better in Trading and Complex is ...

Food for Trading Thought

It needn't but it might. It's called salmonella.

Trading Without a StopLoss