DislikedNo chart pictures from me today Have been trading all day for a lousy 2% profit. I missed the Long completely. Later on, I was in a 3 stage Short, had to leave my PC, came back and found it closed at my stop just below the 3rd, with only 0.1 pip room above grrrrr. It hit TP after that. Well, that's life. I have to say I like this system very much. Scaling-in is great and the hedging is strong. I still have to fight myself a bit, I was biased Short for a reason but I should quit such additional analyses.Ignored
"Lousy 2% profit" ??????????
Compound a 2% dayly profit, on a "lousy" 1000 US account.
After 1 year= 115.888 US
After 2 years=more than 13 million!!!!
Magic of compound (please double check with excell, or here http://compoundaily.com/)
To compound exactly, you would need a Broker like Oanda (market maker btw.) with no fixed lot size.
Also after 1 year, living in Germany like me, half would dissapear on taxes ....so that would slow you down...a bit.
2% a day, consistently, and you should be inviting Warren (Buffett), for lunch soon...and you can pay for it too.