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- T100 replied Feb 4, 2017
The fact is that big time money managers make their money from commissions trading other people's money - they don't really care whether they win or lose the trade because they get their money either way. I'm talking about the commission we get ...
The most powerful force in the world: compounding
- T100 replied Feb 3, 2017
'According to textbooks'. I doubt whether textbooks are written by successful traders and surely conventional wisdom about trading must be wrong given that most of those who follow it lose all their money. Take the "risking a safe amount (e.g. 2% ...
The most powerful force in the world: compounding
- T100 replied Feb 1, 2017
How hard could this be? Totally impossible is the answer. 1% a day is achievable but sooner or later you will hit a black swan event and lose money. The fact is that compounding your profits is a 100% sure way to lose ALL your money. Make 20% a ...
The most powerful force in the world: compounding
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