I'd like to share some perspectives I've observed on this thread.
First, I know nothing about the multiple-personality thing that Eagle and R1989 have gotten into.
It does make sense to me that if you make a promise, then out of the clear blue, can't keep the promise, then I would think at least an explanation is due without someone prying the information out of someone. If R1989 says I will post my trades live, then all of a sudden he can't, I think some sort of explanation is due to the readers of his thread.
A personal problem?-- Okay, we all have them. Doubts are shed from readers' ears if there is a personal problem, and once again, it was announced in advance--"I got this problem and I'll see you guys in a week....or whatever."
If you are in the middle of something, get the heat on something, then there is some personal problem, it will be hard for any empathy to be shown in that situation. It's the character issue that becomes a question mark.
I was impressed with his trading skills, as I read a good portion of this thread.
OTOH, I understand the pressures we put on ourselves when we post live our trades. I was doing that for about 2 years (not here). After awhile I just had to quit. So, from personal experience, I don't view it as an excuse to not want to post, but as a comfort level in not posting most of my trades.
Personal gains becomes a perspective. I was attracted to this thread because of the practicality of the title of it. 100% in 40 trades based on 2% risk on each trade is equal to 3.75% winning trades if 80% are winners. Just do that for 40 trades, and you have doubled your account. That is also simple, not compounded interest.
The practical element in high gains in one trade is seen in the type of account someone has. Personally, I can relate to what R1989 is talking about when he claims 50% gains on one trade.
First, it is easy if you have monopoly money. That's like a minuscule amount in the account that the trader would not notice if he blew it all. So, he puts an outrageous sum of margin on the account, and it just happens to pan out.
Let me give a personal example. I have my forex account that I can hedge on the same account. In other words, if my trade goes against me, I make pips while it does that. (It's still not recommendable, regardless of what it sounds, to trade a hedge if you do not know what you are doing.) I entered a trade on the USD/CHF on Monday during the Tokyo session. It turned out to be a very good one as it took off for me with no drawback. It is now up by 200 pips. I used the equivalent of 3 lots per $17,000 in my account. My normal lot size is 1 per $10,000. In essence, I am almost doubling the gains per pip. Normally, 100 pips is worth 10% gains on my account. The USD/CHF is a little more than that under my "normal conditions", as 200 pips is 21.0%. With the described position size, that is 37.1% on this one trade, and that was overnight. I also expect the USD/CHF to drop much more, so the gains will continue to grow.
I'm sure R1989 did not describe his 50% gains in terms of everyday gains. If he did, then let's all gang up on him and laugh him off the face of Traderji. I also have described an exception to the rule. This thing is so fresh, and it fell right in line with the conversation, so that is why I shared it.
Also, if it was not for the ability to hedge, there is no way I could have been bold enough to amp up my margin size and feel good about it.
