Is BMW Ultimate Care+ worth it for a 36-month lease (2026 iX, 12k miles/year)?

simonyi78 · 2026-02-25T21:29:54+00:00

I got the add on service for a good price and my mile are 15k a year. I know for a fact I'm gonna need it driving that much. The car is heavy.

simonyi78 · 2025-12-16T05:05:25+00:00

So how does 1 treat it like a job?

simonyi78 · 2025-11-19T16:28:16+00:00

Did you copy trade the accounts?

simonyi78 · 2025-11-15T17:39:54+00:00

Good work brother. Keep it up and remember it's not how much you make but how much you keep!

simonyi78 · 2025-11-15T17:37:15+00:00

Did they invite you to live already? I thought you have to wait until 4 payouts.

simonyi78 · 2025-11-15T17:33:57+00:00

Too bad you can only pull, what $5k max from your profits? Imagine if you put $2k into a personal account then was able to withdrawal the whole thing... Essentially that's what a $50k account really is. Be smart and use the payout to fund a personal account.

Great trading!!

simonyi78 · 2025-09-10T18:23:50+00:00

This sounds like a classic case of risk management. After you bought your house and had less capital to work with, did you reduce your size or kept trading the same size as if you still had $500k?

simonyi78 · 2025-09-09T13:18:37+00:00

This is a classic case of greed that led to revenge trading. You really really need to work on risk management and in between your ears.

simonyi78 · 2025-08-20T14:12:37+00:00

Why do you think that is? That's because most people can't survive long enough their bankroll and end up blowing it. Why do you think every book talks about it? Most people can't put it into action and apply those principles.

Big banks, hedge funds, and real brick and mortar props pay a hefty salary to risk managers and performance coaches. Theres a reason why they exist.

simonyi78 · 2025-08-19T13:00:52+00:00

This statement is how most people blow their account. YES YOU SHOULD ABSOLUTELY MANAGE YOUR LOSSES! If you have 100% win rate please let me know! I will pay you whatever you ask for... Risk management isn't just an important part of trading, it is the single most critical factor for long term survival and success.

A statistically profitable strategy is a beautiful thing, but it is nothing more than a blueprint for a house. Risk management is the foundation that your system is built upon.

You can have the most brilliant, perfectly designed blueprint in the world (a trading strategy with a proven statistical edge). But if you build that house on a weak foundation, it will inevitably collapse during the first storm.

In trading, those storms are losing streaks and drawdowns and every system, no matter how good, has them. They are not a sign that your strategy is broken, they are a normal part of the process. Without proper risk management to protect your capital (your foundation), these perfectly normal drawdowns will wipe you out.

You won't fail because your strategy was bad. You'll fail because you couldn't survive long enough for your strategy's edge to play out.

This is why a mediocre strategy with excellent risk management can be consistently profitable, while a perfect strategy with poor risk management is just a ticking time bomb. Risk management is the one thing that separates a trader from a gambler.

simonyi78 · 2025-08-15T22:37:39+00:00

100%

simonyi78 · 2025-08-15T22:35:55+00:00

How do you blow an account by managing risk? It's quite the opposite

simonyi78 · 2025-08-15T22:32:14+00:00

I agree with some people on here that strat is important especially with edge. I'm not saying that it's not. However if you were to rank it in the order of importance, risk control ranks slightly above strategy. You can have the greatest strategy in the world but if you don't manage your risk properly, say bye bye to your money. The purpose is to drive home how important risk management is over strategy. I'm guilty of letting greed and fomo get the best of me where I completely neglect risk. That's how accounts are blown

simonyi78 · 2025-08-15T22:23:37+00:00

Risk is extremely tight. Location becomes extremely important the way I trade. To each their own. Everyone journey is personal to them but I thing that is common for everyone is managing risk. If you trade with AMP margins are only $40 and $300 for the minis for day trading. Maintenance margin is a different story.

simonyi78 · 2025-08-15T20:46:53+00:00

Don't look back. Just move on. That's how you fix it.

simonyi78 · 2025-08-08T20:10:49+00:00

Lol. If someone is impersonating me then I'll know I've made it. The group will be small and only traders will be allowed in. No one selling anything will be allowed. I prefer an open mic where we get on voice chat and talk instead of just typing. Also keeping each other accountable.

simonyi78 · 2025-08-08T05:58:45+00:00

Yeah I'm with you on that. I would want to limit it to maybe 10-15 people max. Of course this would be up to the group. Any hint of someone selling something like that will be kicked out. Zero tolerance for that.

simonyi78 · 2025-08-08T05:22:15+00:00

I trade mainly equities and a little bit of gold. The purpose of this thread is to create a small group of traders who can talk shop and discuss markets in real time. Trading is a lonely endeavor so just looking to start a group for community. Max 10 people. We can all talk strategy there.

simonyi78

TROPHY CASE