InvestorsHub Logo
Post# of 42555
Next 10
Followers 18
Posts 2056
Boards Moderated 0
Alias Born 03/11/2001

Re: Mister Lava post# 6565

Tuesday, 02/06/2007 2:55:30 PM

Tuesday, February 06, 2007 2:55:30 PM

Post# of 42555
Mathematically there is absolutely NO difference. However, mathematics and mechanics are only about 20% of this game. PSYCHOLIGALLY there is a HUGE difference between $5,000 and $5,000,000.

If you're willing to take a HUGE draw down on your account when you have a losing trade, then by all means trade 20% of your account no matter the size.

However, those people who make it to the HUGE accounts and KEEP them are those who manage their risk PRUDENTLY. It's impossible for you to see my point because you simply do NOT have the experience.

By the way...if you make a good entry, then you're able to set your stop losses properly, and stop hunting is not an issue.

YOU started with the attacks. Go back and read your post and see if you can deny.

By the way...I'll let my investor acquaintances know that they're amateurs for setting a stop loss. They'll get a kick out of that. If earning six and seven figures in the markets on a yearly basis is amateurish, then I guess I have no interest in your "professional" style of trading. LOL at you.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.