Yirbu wrote:Don_xyZ wrote:If there's anything simpler in the trading world, it's BONZ.
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If you can do 1R a day ... (complete using your choice of words).
1R a day x 20 days a month x 12 months a year = $$$
If you compound or use parlay then it's like speeding on autobahn. Just don't be like the cocky idiot like this guy...
GIGA lolz
Nice charts!
I've seen quite a lot results of people speeding on the autobahn....debris sometimes spreads for nearly a mile and the only thing you see is bits and pieces of a car...
By default, trading is like that.
Dangerous.
Stats proved that 5 out of 10 new businesses will go bankrupt in the first 5 years. And then, 3 out of the remaining 5 will go bankrupt in the following 5 years. In trading, it's even worse, don't even need 10 years to see the vast majority lose their savings. But why do people want to do trading? Since people are already in it, why not at least have the knowledge and maybe later do parlay or compounding? There are demo accounts provided for free and there are also cent account to test it live.
If you want to go slow then it's ok, but don't go the Autobahn way because obviously it's not the road for that. The no speed limit section means drivers can go full speed but it doesn't mean you have to do that all the time. There are times to slow down and there are times to hit the brakes simply because there are other elements. If someone abuse the no speed limit rule then only bad things will happen. Much like smoking cigarettes or other stuff when people know full well it will one day kill them, for sure. Yes it's very, very sad that people die in car crashes and I wish those people don't have to die that way. But the bulk of those fatalities are caused by the drivers themselves. I mean who stepped on the gas?
When I put up that post I assume people already have in mind that there are techniques to do parlay and compounding, some safer than others.
