Realistically, How much Money can I Expect to Make?

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Old Nov 9, 2017, 9:27am   #105
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once a trader designs systems to understand market dynamics and then to identify and exploit the sweet conditions but not get too burnt in the tougher conditions then they will at least be in the game with a chance

until that point in their evolution - the trader is throwing darts at a board blindfolded

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Old Nov 9, 2017, 12:30pm   #106
 
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Quote:
Originally Posted by Jason101 View Post
Hi Lee, what I was getting at was, if I were trading other peoples money in any form. I would reduce risk by means such as keeping more in cash, being a lot less concentrated, being more diversified, initial risk of 0.2 to 0.5 rather than my current risk of 2.5% per trade, leaving less risk on the table, etc...
It would be much more of a thinly spread targeted basket portfolio and less of a speculators account.
You should really spend time to study bet optimization like Kelly criterion... it will bring you to the next level... there is no need to guess the risk levels and blow up on the next market turn...
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My number 1 trading rule: EDUCATE YOURSELF!

Before you trade even single penny on the stock market, please spend the time and educate yourself by back testing different trading strategies and ideas - go to eBay and search for "historical stock market data", you can buy 20 years of data for less than $100 - that's all you need to start.
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Old Nov 11, 2017, 3:18pm   #107
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Old Nov 11, 2017, 4:00pm   #108
 
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Hey guys
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Old Nov 11, 2017, 4:02pm   #109
 
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You’re right

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Originally Posted by PualoP View Post
This is a complete stab in the dark but, on IG indexes annual accounts it showed that they made about £2,000 per client, so one could argue that:

"On average, the UK retail trader will expect to lose £2,000 per year"
I agree with you
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Old Nov 14, 2017, 5:35am   #110
 
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it is simple the more money you have the more money you will make.
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Old Nov 14, 2017, 2:10pm   #111
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Originally Posted by TRADEFX2016 View Post
it is simple the more money you have the more money you will make.
or lose......?
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Old Nov 14, 2017, 2:13pm   #112
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Originally Posted by Nowler View Post
what idiot goes 75% of pot on each bet ? .....kelly criterion ?

spare me
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