Blackwave trades it’s own capital in a proprietary fashion and makes it’s statistics publicly available.
This Swing trading, position size, strategy has been developed and refined over the years so in a similar way to your smart phone the strategy today is smarter than it was in 2014. It’s not the only strategy out there but it is the only one we are world class at. Trading Fib levels is another very valid strategy for example. We just don’t know it. So we are very focused on the strategy we know and it is used as a tool to make enough money to hit our other goals.
“I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick 10,000 times.” – Bruce Lee.
This all sounds perfectly logical but you would be surprised at the amount of “learn how to trade the markets” courses that can talk the talk but will not be showing you what they do with their own money. From having worked at a London based retail brokerage, I’ve met many of them and they have no Skin In The Game. They are using your fees to pay themselves a monthly salary. These “go with the trend, have a tight stop loss courses” are not without merit but it does seem a bit cynical to take fees for that advice.
Our Twitter hashtag is #skininthegame and the statistics are in the public domain. We’ve learned all of our lessons the hard way.
“The game taught me the game. And it didn’t spare the rod while teaching.” – Jesse Livermore