Trembling Hand
Can be found on the bid
- Joined
- 10 June 2007
- Posts
- 8,852
- Reactions
- 205
If they all go down well then I will grab my new bikeand tent and go and live in Byron. Which is where I started about 8 years ago busted ar$e broke and living in a $20 tent in the bush Such is life
T/H Whats your turn around cost?
CFDs indexes have no brokerage just a spread that robs you.
So the costs are in the results.
Your trading CFD indexes.
So based on the results posted above you trade once every few minutes using depth as your indicator for a daily average return of $250 to $400 is that right?
here we go
I thought you would wait for some more result but I over estimated you!!
No tech. these results are for 20 odd mins of trading on the open and same on the close starting with a friends measly capital of $800. Which will be grown into $10,000 or more within a couple of weeks.
In the mean time I will be going about my biz as usual, turning over many times the amount of this and taking many times this P in the real market:
Thats around 1 trade every 30 seconds.
Amazing.
That's why I thought I would post the results. It may be of interest to some people. Even if its only to prove I'm an idiot.
TH
You're trading way too frequently IMO. Surely you're system would work equally well on 10 trades a day and zap your energy less?
Bin
How on the planet of the apes do you manage to execute so many trades in such a short timeframe?
Because ultimately you're human and therefore prone to (1) error and (2) gambling. (2) is the bigger problem. Many traders overtrade, become overly confident, bet the farm...and lose.
Most successful traders (even scalpers like Senters) keep their trades low.
refined silver I have it spread out enough that if a couple fall over I won't be lining up at the soup kitchen. I actually throw off a bit off cash each month and don't need a lot in my trading account to do what I do. So it gets moved out monthly. Especially since I have stopped trading things overnight. Whether where it goes is any safer
If they all go down well then I will grab my new bikeand tent and go and live in Byron. Which is where I started about 8 years ago busted ar$e broke and living in a $20 tent in the bush Such is life
I remember busting a gut sprinting for $20 primes in 180km road races or 50km crits as a main source of income at one stage in life, you probably did too, but maybe thats how you got to Byron the first time!
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