Some Simple Math

50% Annual Returns

~ 4% per Month

Some Simple Math

50% Annual Returns

~ 4% per Month

Portfolio: $50,000

$2,000 per Month

(More) Simple Math

$50,000 portfolio

25% allocation to a position (risky???)$12,500

An Example Trade

An Example Trade

Capital Required: $11,565

An Example Trade

Capital Required: $11,565

Return on Risk: 21%

An Example Trade

Capital Required: $11,565

Return on Risk: 21%

Returns: $2,435

What You Think Trading Is Like

What Trading is Really Like

Realistic Results

50% per year?

Sexy.

3-5% per month?

Boring.

Realistic Outcomes

The Winning is the Easy Part

What happens when you’re wrong?

Realistic Outcomes

The Winning is the Easy Part

What happens when you’re wrong?

Capital Required: $11,565

Max Risk: $11,565

10% Overnight Drop?

Loss of $11,565???

10% Overnight Drop?

Acutal Loss -> $3,500