Thread: scenario
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Old 28-12-2002, 12:01   #8 (permalink)
BigMacDollar
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To turn 200k to 500k is not the biggest issue. I have often by now doubled my account a few times through a trendy trade. This again depends highly on your exposure and risk profile.

To do this consistently is normally more of an issue. I have found that traders are like trends - they go through bad patches as well. Those traders with established and refined trading disciplines will pull through when market conditions line up with their disciplines, and take a break when conditions start to fail them.

Should the trader opt for a signal and system-based methodology, and - and that is more often than not the big challenge where most fails - consistenly manage the trading environment to obey the methodology consistently, even with the use of junior traders as "spotters", then depending on the methodology, one can most certainly expect decent returns. This is especially true should the chief trader be well travelled on the rocky roads of loss-control . . . .
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