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    Is MBTrading In Trouble?

    I am 100% sure that MBTrading's "real-time" quote is often delayed by about 1 second.
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    Is MBTrading In Trouble?

    My major problem with MBTrading: this company will give you wrong postions from time to time. If you forget your own position at MBTrading (I did forget my exact position at this broker because I have quite a few brokers and have a lot of overnight positions over these brokers), you may be in...
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    Trader P/L 2007

    I think it is opposite: a good day for you, but you have a great month.
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    Trader P/L 2007

    It looks like that you managed to short this stock from $100,000/share. Obviously someone screwed up here. If this guy does not know how to bust the trade, you may retire today.
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    p/l thread 2007 skeptics and detractors

    As I said in my original statement, you cannot make 10% a month on a large capital. My statement is: you can make 10% a month on your efficient capital. You may have 1M in your account, but you may never use that much capital for your trading. In this case, your efficient trading capital is less...
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    p/l thread 2007 skeptics and detractors

    Because you don't make a living from markets, 2% year-to-date is still an acceptable result for you. For you, trading/investment is just a hobby. A hobby usually costs you money. Therefore +2% year-to-date is not bad at all. Whether or not you believe our results does not matter any way. We told...
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    p/l thread 2007 skeptics and detractors

    Lesco: well said! Great job!
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    p/l thread 2007 skeptics and detractors

    Good job! I am glad that someone is backing up my statement.
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    p/l thread 2007 skeptics and detractors

    Assuming that you are a day trader. You probably have $50k as your starting capital. If you are making 10% per month, you are making about $100k per year if you have no withdraw and you don't pay tax until next year. $100k per year is really no big deal. After your first year, you have $110k...
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    p/l thread 2007 skeptics and detractors

    It is probably true that those who lose money in the markets are not willing to show their results in public.
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    p/l thread 2007 skeptics and detractors

    If you cannot do that, you are not counted as a good trader. I don't think you can make a living on trading if you cannot make 10% on your efficient capital. Consider that 10% as your barrier to elite traders.
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    p/l thread 2007 skeptics and detractors

    I believe that it is possible for traders to make money consistently. As a professional trader who is making a living from markets, you should make 10% per month on your <b>efficient capital</b> assuming that your leverage ratio is less than 4:1. Of course, this kind of result cannot be...
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    Trader P/L 2007

    Today's P&L: about $1000 I am going to stop my P&L posting here. Good luck to everyone!
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    Trader P/L 2007

    today's P&L: about $1000
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    Trader P/L 2007

    Today's P&L: about $1900 This week's total P&L: -$2000
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    Realistic Rate Of Return?

    For short term trading, it is possible to make 100% or 200% annually on your small-based capital. However, this kind of return is not sustainable when your capital becomes bigger. For long term investments, even Warren Buffett cannot have a sustainable return of his historical average (24%)...
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    Trader P/L 2007

    Today's P&L: -$3800. The loss came from an overnight position.
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    Trader P/L 2007

    today's P&L: about $200. I only traded a few thousand shares today.
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    Trader P/L 2007

    Today's P&L: $2200
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    Trader P/L 2007

    today's P&L: -$2500 I was disappointed considering that this position had $2000 unrealized profit on Friday.
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