Hello,
if someone can make 120 $ out of 100 $, he can also make 12.000 $ out of 10.000 $. Wouldn't that mean, that all traders, who are consistently profitable, are earlier or later millionaires? I know that not everyone who trades profitable is a millionaire, actually not many are (I guess), so where is the error in my thinking?
Is it, that there comes a point that you stop beeing profitable because of higher emotions that go along with the bigger positions, or it that you move the market to much with your position, so can't maintain from a certain Account size? If so, what is this size?
Best,
Antoni
if someone can make 120 $ out of 100 $, he can also make 12.000 $ out of 10.000 $. Wouldn't that mean, that all traders, who are consistently profitable, are earlier or later millionaires? I know that not everyone who trades profitable is a millionaire, actually not many are (I guess), so where is the error in my thinking?
Is it, that there comes a point that you stop beeing profitable because of higher emotions that go along with the bigger positions, or it that you move the market to much with your position, so can't maintain from a certain Account size? If so, what is this size?
Best,
Antoni