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The perfect trader
The perfect trader
A couple more)
Yes this trader is on his way to losing just like the majority of algotraders.
Most amused by the expression 3% earn 97% leak! It begs the question where do they get the money to drain?
Most amused by the expression 3% earn 97% leak! It begs the question where do they get the money to drain?
An influx of fresh meat in no other way. The drained meat leaves, new meat comes in looking for a profit, the cycle continues.
It's like a casino.
That is essentially what it is. To succeed in the market, one needs knowledge, but it is acquired through the draining of derosity. Since a trader still needs capital, which is hopelessly already, gone down the drain, the chance of staying is not great. First you come in with money but no knowledge, then you leave, with knowledge but no capital.
It all depends on the amount of money where there is a lot of money and stops don't work. Especially in Russian brokerage companies. Law of the jungle!
That is essentially what it is. To succeed in the market, one needs knowledge, but it is acquired through the draining of derosity. Since a trader still needs capital, which is hopelessly already, gone down the drain, the chance of staying is not great. First you come in with money but no knowledge, then you leave, with knowledge but no capital.
That is essentially what it is. To succeed in the market, one needs knowledge, but it is acquired through the draining of derosity. Since a trader still needs capital, which is hopelessly already, gone down the drain, the chance of staying is not great. First you come in with money but no knowledge, then you leave, with knowledge but no capital.