am I a successful trader or a loser?

I want to ask for your advice and opinion.

I started to trade with an equity 10k at 09/21/06. With the deposits and withdrawals I have invested about 50k in my account for the last 10 months.

Now I have a total equity 56k.
The compound annual rate is 22,41%, the maximum drawdown is 3%, so MAR = 7,4. It sounds good.

But I'm not satisfied with the growth. I think I could make more money.

I never ever risk more in one trade then 1% of my starting capital(50k*0,01=500$) + 4% of the market money(now 6k*0,04=240$), together 740$.

Should I be happy with this, or take more risk to reach bigger success?

am I right or am I wrong?

Thanks

BreakDown
 
Most people blow out in 6 months so you are doing better than them. What more do you want a pat on the head and gold star well you got em too.
 
Quote from BreakDown:
Now I have a total equity 56k.
The compound annual rate is 22,41%, the maximum drawdown is 3%, so MAR = 7,4. It sounds good.

But I'm not satisfied with the growth. I think I could make more money.
Of course you could make more money, but you would likely have to take higher systematic risks in order to achieve higher gains. Your numbers look very sound. If you can keep compounding at this rate for 10 years you will make a lot of money.

This business is not about making huge % returns over night, but staying in the game, minimizing risk and compounding positive returns.
 
Quote from Wayne Gibbous:

At least you didn't spell it looser so you are ahead of 57% of ETers.

Finally, someone else who realizes how ridiculous the majority of posters on this site are. I love when people accuse me of never talking about anything serious, which is untrue, and in their accusations they somehow manage to mis-spell four or five short words. If one can't properly use words such as "you're" or "too" how the FUCK can they be expected to analyze actual information and have intelligent thoughts?

It's kind of ridiculous to think it's possible. Does anyone really think stock_turder, myminiturding, or eqturder aren't a bit dense? They were both clearly the product of mothers who drank while pregnant and got their trailer park education via Jerry Springer before moving on to Jim Cramer.

And now that I think about it, why do all the most idiotic posters have the word "trader" in their screen name?
Hallelujah Wayne Gibbons! Amen! :D
 
Quote from SiSePuede!:

Finally, someone else who realizes how ridiculous the majority of posters on this site are. I love when people accuse me of never talking about anything serious, which is untrue, and in their accusations they somehow manage to mis-spell four or five short words. If one can't properly use words such as "you're" or "too" how the FUCK can they be expected to analyze actual information and have intelligent thoughts?

It's kind of ridiculous to think it's possible. Does anyone really think stock_turder, myminiturding, or eqturder aren't a bit dense? They were both clearly the product of mothers who drank while pregnant and got their trailer park education via Jerry Springer before moving on to Jim Cramer.

And now that I think about it, why do all the most idiotic posters have the word "trader" in their screen name?
Hallelujah Wayne Gibbons! Amen! :D

Take it easy brother!!

I hear you

let's take a break and have a cold one

this round is on me:D
 
Quote from feb2865:

Take it easy brother!!

I hear you

let's take a break and have a cold one

this round is on me:D

I'm taking it easy. I'm just amazed that so many dumb people can congregate and no one else ever really seems amazed that a majority of people on this site probably don't know the different between "your" and "you're." That's like an answer to the question "just how dumb are people becoming?"


:p :D
 
Quote from SiSePuede!:

I'm taking it easy. I'm just amazed that so many dumb people can congregate and no one else ever really seems amazed that a majority of people on this site probably don't know the different between "your" and "you're." That's like an answer to the question "just how dumb are people becoming?"


:p :D

Remember, out of all the people on this forum, roughly 5-10% are actually consistently profitable. It's seems simple to me to click the check spelling tab, but as you can see, not many use it, LOL
 
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