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Actually there was lots of warning to get out early for a momo trader.

No that's not what I'm asking; If you had put your money in spy instead of managing your own portfolio would you have been ahead of the game? Someone with a bunch of FINRA licenses should have those numbers handy.

So what does your equity curve look after a decade of trading? Are you out performing a buy and hold of SPY?

Again no mention of a stop. I can see scaling into a position by taking a partial position to ensure you don't miss the move, but at what point do you exit if you are wrong? Do you set a price where you will close the position as it moves against you?

In your example you don't mention a stop.

Which is good if you're able to calculate the value. A lot of investors believe that stocks will always return to their former glory. Although that may be the case for the indexes, it doesn't hold true for individual stocks.

I'm aware of that. I perfer to pay $10 for a stock that is on it's way to a new high of $20 and then moving up. I don't want to pay $10 for a stock that used to be $20. Granted I would make the same amount with both stocks, but something occured that caused investors to reduce the perceived...

I don't mind paying 10 dollars for a 20 dollar stock but I hate owning a 10 dollar stock that I paid 20 dollars for.

If you are trading stocks, your broker should be keeping track. On my holdings page of my brokerage account it shows the average price paid for each position. If you are scaling out you have to keep track your self. If you are day trading, the extra paper work is part of the price you pay.

I enjoy the challenge and the fact I can make enought to live on. I can't think of any better use for my capital. I have tried diferent money managers and haven't found one that I can't out perform.

You can also set up an excel spreadsheet to give you average price for each security when buyng and selling.

I believe he spends some of what he makes.

Nope if you drop 50% you ned 100% to get back to break even.

Who are you with? To my knowledge Canada only has one "Free" broker, National bank direct. With IB being the only direct to market broker in the country.

I'm a little confused. Although the portfolio overall seems to be underwater, you are claiming a gain in January. I'm assuming that the value of the portfolio was 25K at the end of 2022 and you are counting from there. What kind of risk control do you have in place? It doesn't look like you...

So it's discretionary. No hard and fast rules.

Without giving away any secrets, what is your set-up? At what point do you enter a trade? You are waiting for a pull back from where?

:banghead: It's tough to be dyslexic in todays world. :banghead: