31% Return Over Last 8 Trading Days

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Quote from rolegario:

I don't know for sure if it's just been dumb luck, but I've experienced a 31% return on my total account since last Monday.

I'm ecstatic, obviously, but is this normal for a good week? I still don't know what kind of returns people have been experiencing during "good" weeks.

I'm going long/short on individual stocks (from 1 to 5 positions per day), holding from close one day until close of the next day, and margining up to 30% max.
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I think the market is very generous right now. I have doubled my por trader account in the last 6 weeks. To me it feels the same as in Oct/Nov of last year where the gains came very easily.
But don't start extrapolating these gains into the future. I'm sure reality will catch up with all of us pretty quickly. We have probably gone through the easiest trading months for this year. You need to build a profit cushion in those times, because the market will get back its fair share later on.

Oliver
 
Quote from rolegario:

I don't know for sure if it's just been dumb luck, but I've experienced a 31% return on my total account since last Monday.

I'm ecstatic, obviously, but is this normal for a good week?
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Don't confuse brains with a bull market.

Not that you shouldn't be happy...but a rally can make just about anybody look good who is willing to hold anything for a few days.
 
Quote from Trend Fader:

Mind to share you strategy?

Otherwise... what was the real point of starting this thread?

Some sort of tease?


--MIKE
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Oh please whatever you do do not share your strategy. If sombody wants something spoon fed to them they can go scratch.
 
Quote from lindq:



Don't confuse brains with a bull market.

Not that you shouldn't be happy...but a rally can make just about anybody look good who is willing to hold anything for a few days.
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During times where trading becomes easier so to say, are the times you are supposed to capitalize and let it ride. It is when the tough market condtions come around that you will need to reamain low key and follow a very strict set of rules. So to say that this market can make anybody look good is kinda incorrect, he just needs to remember that this isnt the norm and he should really hold on to those new gains so he will be able to capitilize on the opportunities that will follow.

imho
 
Quote from Trend Fader:


Otherwise... what was the real point of starting this thread?

Some sort of tease?


--MIKE [/B]
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To brag would be my guess:D
 
take your winnings and head to the track.

you could parlay the $57 you made in the market into... who knows???

keep betting until you get back to even -- then go back to the market and repeat the whole process.

dog
 
Don't let them fool you. t's probably the result of Buffet like genius, newly discovered.

I have a spare 5 million laying around, want to manage it?
 
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