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Old 03-22-2017, 04:22 PM   #820
FD FD is offline
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Join Date: Dec 2006
Location: Indiana
Casino cash: $9482813
Quote:
Originally Posted by scho63 View Post
I have about a 34% win ratio. While that seems really low, in the options market you may put up $1,000 and get back $7,500.

If you keep you initial investment at the same level all the time, you can do pretty well.

Where people, including me get in trouble is that we risk $1,000 on a few trades, make a few thousand, feel cocky and then make a real risky bet with like $4,000 and lose it all.

Discipline is paramount

Since 2009 I'm in the hole about $12,000
I must be reading this wrong, it seems essentially impossible to have lost money in the stock market going back to 2009. $10,000 put into the S&P average in 2009 is worth about $35,000 today.
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