prochargedmopar wrote:You said it yourself.
I only have to get lucky
You don't want the 20 year old buying into a cash game kind of luck, you want the Phil Ivey, Daniel Negreanu,
"more often than not" kind of luck.
When a youngster's strategy starts kicking your ass, you need to be willing to rethink and reapply a new strategy
on the fly.
Poker is not cards as trading is not charts; it is the perfection of ideas based on math.
prochargedmopar wrote: Takes a long time to lose a 135% increase @3% a pop.
Luck is our bed parter after the first win+.
Again, how many pips are we talking about to reach 135% at 3% risk?
10 pip stop and a 450 pip target?
(1.35 / 450)1000 = $3.000/pip
20 pip stop and 900 pips?
(1.35 / 900)1000 = $1.500/pip
30 pip stop and 1350 pips?
(1.35 / 1350)1000 = $1.000/pip
Maxing out your leverage it would still take 270 pips
(1.35 / 270)1000 = $5.000/pip
On top of the large targets, you are going to have to make up the pips that you lose 1 for 1, -30 & +30, where as if you were
using the doubling method a 240 pip loss is "only" 30 P$PS.
prochargedmopar wrote:You also said "Dont listen to others"
More is possible
If someone says that it is not possible to get somewhere then you simply respond by telling them that you have a map
I never said "don't listen to others", what I did say was "listen to others, but trust only yourself".