Quote from: ub40 on October 09, 2016, 01:24:30 PMHi there, I would take the million dollars of course. But the thing is you can't guarantee that you can make 20%. If you could then you could trade with borrowed money, and still do your surgery.
No I definitely can't guarantee a 20% return per annum otherwise I'd be in canary warf managing my own hedge fund! haha
I've just struck lucky this year capitalizing on oil tanking and the post brexit rally on banking stocks, after two more years of solid performance I'll start gearing my account; I just want to be sure I can consistently win before gambling someone else's money that will have to be paid back whether I win or lose.
Quote from: ub40 on October 09, 2016, 01:24:30 PMAlso as someone who trades, when you're trading 10k, you're going to act differently than when you're trading 100k, you will take your profits and losses much sooner, potentially ruining your system.
haha your right I can't even get my head round having holdings worth ~£200,000 each; technically the strategy shouldn't change but I can imagine if I lost 10% on a £200,000 holding I'd lose my s***t and panic sell whereas I can accept that loss on a small account.
I'm just going to have to forget about those extra zero's...easier said than done though!
Quote from: ub40 on October 09, 2016, 01:24:30 PMAnyways, feel free to pm. I love talking stocks and am interested in your method.
Will do cheers; I use technical analysis to swing trade (I'm a big Thomas Bulkowski fan if you've heard of him).
