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dv4632

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  • First Name
    Dave
  • Last Name
    Ventura
  • Country
    United States

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    No
  1. Nice charts X... Pure price action type trading is the only type of trading that makes sense to me. I never had any success with other methods.
  2. Brett Steenberger once mentioned a private conversation he had with the CEO of a major retail brokerage and the guy told him that 80% of their customers blow out their accounts within a year of opening them. The percentage was much higher for customers with small accounts, as they took on more risk in an effort to generate worthwhile returns. I don't remember much else about it other than that stat. Obviously must have been a futures/forex broker, I can't imagine that many people going up in flames that quickly trading stocks. As for the longer term survival rate, I have no idea.
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