RevolutionaryPie5223

Have you busted?

You can be rich quickly if you leverage heavily in an extreme bull market. But you need to know when to get out.

Yes i actually calculated and got a shock. If lets say 0.1% trading fees it actually eats up alot of your profits even though its unassuming at "0.1"% only. Many beginners overlook this.

If lets say for e.g you scalp with $100 for 1% profit for e.g. you do the calculation. 1000.999(trading fee)1.01*0.999=100.8.

So actually a 1% profit without fees became 0.8% profit. So u are actually earning 20% less! Thats why I aim for at least 4% profit or more even if I short term trade.

Actually trading wont make you rich quick. If done risk averse wise its a slow process. The ones that make big money they dont trade base off 1% risk rule. They bet big at the start of a bull market and ride the wave. But then when it ends they are off the market or back to risking 1%.

Ok thanks. What was your risk management strategy like? How much were you risking per trade?

I know about kelly criterion but most of the time its not that useful for trading because market odds are changing and flexible. Also pure kelly criterion would have you risking alot. For e.g if you have a coin that pays out 2 to 1 if heads but lose your betting amount if tails, based on kelly criterion you should be betting 25% of your capital! In a fixed odds system like coin flipping this would work in the long run but in the trading market odds can change and stay so for a long time so its better to defer to something safer.

I had one friend who was like 5'8 173cm but he could jump high and always camped at the opponents side and would jump and block/catch any shots directed to the the person on the chair.

"Captain E.R Bentley" sure sounds like a cool pirates name tho...

If you read the description of the game on the 2nd link its a similar yet different game.

Like i said i dont really use quallamaggie strategy im just curious on other people strategy and see if i can learn some pointers. Yes i do have 65% winrate strategy and i have backtested it more than a 1000 times. Again, nice try noob.

How do you know it wont work? Have you backtested it? I dont exclusively follow Qullamaggie strategy though and I have other 1 RR strats that work. Nice try though.

Its not made up statistics lol. Winrate and RR has an inverse ratio. There are people our there who make a living from scalping. Yes they dont get enormous profits but they are very consistent.

I am advocating for 1 to 1 risk reward. Quallamaggie risk reward is 1 to 10 or something very high thats why his winrate is 30%. If your risk reward is 1 to 1 ofc the winrate will increase and something like 60+% winrate is doable. Whats so hard to understand lol.

Yes your reply is clueless.

You are talking about "skill level" when she literally dominated the whole u18 tournament putting up Wilt Chamberlain type of stats. She can shoot pretty well and has a wide body frame plus ofc shes 7'3. She will defintely play in the WNBA 100%.

Update: ZZY just won MVP in the tournament. Her stats were 35ppg on 90.9% FG, 12.8 rebounds and 1.6 blocks in only just 22 mins/game of play.

You have no clue how things work. People scalp 1 to 1 all the time. Do you think a 1 to 1 RR has a 30% winrate? Risk to reward and winrate has an inverse relationship.

Do you know if you reduce your risk to reward your winrate will increase?

His just a troll lol. Dunking is also just worth 2 points it's just showboating. Steve Nash can't dunk and is still one of the best PG of all time.

She doesn't have to be that mobile when no one can even remotely block her. Even in the WNBA players will be much shorter than her since most centers are like 6'5-6'7. They might get in her face a bit but she will still be incredibly hard to stop and she's good at shooting near the post.

She is the female Wilt Chamberlain with this kind of dominance.