Arturo-Jay
New Contributor
User Power
Value/Post Ratio
23%
- Aug 21, 2011
- 40
- 9
I was never a good trader really...had on/off win/loss streak, some nice wins, plenty of complete account blow ups too. At the same time, I mentored a friend and he made over 200k off his 5k investment back in 07/08/09 period. Pretty cool, but he was just gambling and used massive leverage. A lot of people call him "luck" but he's intelligent, uses technical analysis directly off the chart and no BS....
After he made all that money, he decided to quit....Luck or skill, who knows.
But he has a full ride scholarship, what does it matter to him anyways.
Anyways, this is what I do have to share.
I designed a "system" and I say that in quotes because it was rule based, but I found a way to make any reasonable "system" profitable. My equity curve was very consistant, take a look....
(Note: Only problem I had was the $$ gain on my equity was way too conservative, not enough to make a living off of unless you had tens of thousands, preferably hundreds of thousands...)
Note: when looking at graph, the shaded grey area is what I "invested."
The gain or drawdown is the line graph above it, and rarely even touches the original investment.
No $ amounts are given. It's not a lot of money, but it was more of a test over 3-4 months to see if a consistent result could even be achieved.
After he made all that money, he decided to quit....Luck or skill, who knows.
But he has a full ride scholarship, what does it matter to him anyways.
Anyways, this is what I do have to share.
I designed a "system" and I say that in quotes because it was rule based, but I found a way to make any reasonable "system" profitable. My equity curve was very consistant, take a look....
(Note: Only problem I had was the $$ gain on my equity was way too conservative, not enough to make a living off of unless you had tens of thousands, preferably hundreds of thousands...)
Note: when looking at graph, the shaded grey area is what I "invested."
The gain or drawdown is the line graph above it, and rarely even touches the original investment.
No $ amounts are given. It's not a lot of money, but it was more of a test over 3-4 months to see if a consistent result could even be achieved.
Dislike ads? Remove them and support the forum:
Subscribe to Fastlane Insiders.