AirelonTrading (May 11, 2009 at 10:06 pm)
The downside there, is the account stops growing as quickly.This is why some guys will take $15,000 trade it up to $100k, and then start over.
AirelonTrading (May 11, 2009 at 10:06 pm)
It's true, and there is an aspect there that I would like to talk abit about in the future. There becomes a psychological barrier as the account grows from risking %'s, vs. risking $'s. When the account grows by about 3000%?Trust you me, it becomes difficult to risk the amount you should be risking. My mind just has a problem risking $5000 looking for $10,000.My risk tolerance is such that I would rather be going for a 1k to 2k rr ratio
AirelonTrading (May 11, 2009 at 10:03 pm)
If you just click on my name from YouTube, it will take you to my Channel Page.From there, if you click on "See All" under the playlists, it will take you to all of my YouTube playlists. There is one for the Challenge Project.Or, if you're on my Daily Blog, click on the link that says "My YouTube Playlists", and get to the "Challenge Project" from there.It started out at the daily blog however.
Mike3gdc (May 7, 2009 at 6:25 pm)
"MM is about accumulating wealth"you said somewhere...if we get this absolutly right ,and do it as Jewish does,counting pennies and preserving capital and all that you talked,do nt you think we should plant and prepare a proper mind set for that sudden fat shift in a account from now? Naufel a 19 yrs old trader and millioner says " First million is the hardest"!!can we talk about this dimension a bit?
Mike3gdc (May 7, 2009 at 6:14 pm)
Thanks Dan for another great videowhere can i get some more info reg your challange project.I am interested in being part of it...although I am heavely focussed on FX at the moment to raise some capital.but considering to get back to futures and stocks.by the way,wouldnt you like to talk about "how can expand his capacity to handle large sudden profit? as you grow and master your MM ,your path to riches is pretty garanteed? you said you like talking so a food for its thought.!Best
pisanghangus (March 14, 2009 at 8:29 pm)
you look like jim carrey
newutubejunkie (November 18, 2008 at 6:10 pm)
I'm glad you're just getting started. I hope to get to hear your opinions for quite some time to come.
AirelonTrading (November 18, 2008 at 3:04 am)
Ahhhh, Birmingham AL. I thought you meant Birmingham MI earlier. :)
AirelonTrading (November 18, 2008 at 3:03 am)
Not really. I mean, it could, but remember, I don't try to predict. At this point, I'd wait to look at the markets reaction.But at this point? My thoughts are that the risk has been adequately priced, and the credit lines for those that will survive this mess are intact. Now the market is trying to price in the loss we're going to see in earnings.
VivaMydick (November 18, 2008 at 1:04 am)
Dan ,Ted spread is collapsing . Should we expect Dow Jones to end up higher this weak ? |