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Here's the proof 5% is a lie, 20% is profitable !!
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Here's the proof 5% is a lie, 20% is profitable !!

  #21 (permalink)
Trading for Fun
Canada
 
Futures Experience: Advanced
Platform: Ninjatrader Metatrader
Favorite Futures: Forex futures
 
Posts: 58 since Aug 2010
Thanks: 2 given, 31 received

Interesting.

But keep in mind that many retail traders trade mini and micro lots. So they might never use stops and have a higher chance of being profitable.

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  #22 (permalink)
Elite Member
Toronto, Ontario
 
Futures Experience: Advanced
Platform: NinjaTrader, Multicharts
Broker/Data: IB, IQfeed
Favorite Futures: ES, CL
 
Snoop's Avatar
 
Posts: 203 since Oct 2009
Thanks: 135 given, 161 received

So you're saying the key to profitability is to not use stops?


adaseb View Post
Interesting.

But keep in mind that many retail traders trade mini and micro lots. So they might never use stops and have a higher chance of being profitable.


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  #23 (permalink)
Elite Member
Ocala, FL
 
Futures Experience: Intermediate
Platform: NT
Favorite Futures: Crude, Euro, ES
 
nillz123's Avatar
 
Posts: 44 since Aug 2010
Thanks: 25 given, 30 received

;)


I am so happy you came out and shared this report. The 5% lie is a scam to scare people out of working for themselves before they start!

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  #24 (permalink)
Membership Revoked
 
Futures Experience: Beginner
 
Posts: 1,081 since May 2010
Thanks: 2,092 given, 595 received

It is true that news like this is more fresh blood for us.

On the other hand, 20% living off the 80% IS possible IMHO.

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