FAQ Realistically, How much Money can I Expect to Make?

Sep 11, 2017
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Actually, it really just depends on how smart you are. If you know how to work with data analytically and know when to move or hold with strategy, then it's possible to be as rich as Warren Buffett.
 

adealien

New member
Apr 16, 2018
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let say i have $1000..maybe around 2-3k few week,,
 

Brumby

Well-known member
May 25, 2012
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You find a system that works . Then wash , rinse and repeat until you find a better system.
The term wash and rinse in trading is a description of a set of market activities conducted by a major player with sufficient financial resources to effectively clean out positions of smaller players, typically retail. Those on the receiving end normally describes it as manipulation. Regardless of our personal view on the ethical nature of such activities, it is a prevailing nature of the trading business. Contrary to popular criticism, the objective in washing stops is not limited to simply a stop run for the limited sake of it but is part of an overall trade strategy that big players adopt to build a position at a wholesale level. The underlying reason is that due to the size of their positions, they need to work on their order to effectively build on price points without causing a run on prices. Their effort would include running stops and selling in order to buy and repeat the process until they complete their order and hence the term wash, rinse and repeat.
 
Mar 11, 2018
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Little Rock AR
The term wash and rinse in trading is a description of a set of market activities conducted by a major player with sufficient financial resources to effectively clean out positions of smaller players, typically retail. Those on the receiving end normally describes it as manipulation. Regardless of our personal view on the ethical nature of such activities, it is a prevailing nature of the trading business. Contrary to popular criticism, the objective in washing stops is not limited to simply a stop run for the limited sake of it but is part of an overall trade strategy that big players adopt to build a position at a wholesale level. The underlying reason is that due to the size of their positions, they need to work on their order to effectively build on price points without causing a run on prices. Their effort would include running stops and selling in order to buy and repeat the process until they complete their order and hence the term wash, rinse and repeat.
I was using wash , rinse and repeat in generalization of trading. Find a simple that works and keep using it until you figure out something better to use.
 
May 26, 2013
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You find a system that works . Then wash , rinse and repeat until you find a better system.
Hi Essentially if you go into trading with the aim to make money then all that will happen is that you will lose. All self thinkers do lose, they never advertise it (not my fault I'm a pillock guv). :cheesy::clap::cheesy::clap::cheesy::clap::cool:
 
May 18, 2018
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Actually, it really just depends on how smart you are. If you know how to work with data analytically and know when to move or hold with strategy, then it's possible to be as rich as Warren Buffett.
are you sure?
so you think that almost nobody(incl. you) cannot working with data analytically?
How many person do you know that are as rich as the Warren Buffet?