Anyone trading client money here?

[virtusa]

I figure ET is an very interesting place to have any intellectual conversation.

True and not true. Lots of garbage but sometimes good and interesting conversations.
In general the interesting ones should be short, as the longer they are to bigger the risk to attract trollers or idiots that will take the thread off topic.

Question is also: what is "intellectual"? I did alreday find here infoirmation that I could not find elsewhere. It was far from really intellectual. Just simple things I read here by coincedence. But even that can be interesting without being intellectual.

 

[virtusa]

ok i have a track record.

Everybody has...

But how it looks makes the difference.

 

[traider]

There are lots of people on ET who claim to have win rate of > 80% or make millions doing intraday trades. Not difficult to find them as not a day goes by without some outrageous claim

 

[RedDuke]

There are lots of people on ET who claim to have win rate of > 80% or make millions doing intraday trades. Not difficult to find them as not a day goes by without some outrageous claim

win rate of 80% nit they difficult, even 95 The problem that those 5 percent of of losers will take it all away. Win rate without context is useless.

 

[virtusa]

There are lots of people on ET who claim to have win rate of > 80% or make millions doing intraday trades. Not difficult to find them as not a day goes by without some outrageous claim

Can you show a few screenshots as hard proof that they claim >80% winning rate, or making millions every day? As you clearly say:

• lots of people
  
• Not difficult to find them as not a day goes by without some outrageous claim

so 10 different screenshot must be easy to do. They should all have a different day. Show us you are not telling BS.

You are part of the clan that thinks that all people lose money and never make even 50% winning trades.

 

[virtusa]

win rate of 80% nit they difficult, even 95 The problem that those 5 percent of of losers will take it all away. Win rate without context is useless.

Exactly, that proofs how stupid the post of @traider is.
All that counts is EXPECTANCY.
If you have a 80% winning rate with a very positive expectancy you have a very good system.
If the expectancy is low or negative, it shows that the few losers eat up all the profits. @traider probably never saw the word "expectancy" so he cannot know what it is.

 

[RedSun]

True and not true. Lots of garbage but sometimes good and interesting conversations.
In general the interesting ones should be short, as the longer they are to bigger the risk to attract trollers or idiots that will take the thread off topic.

Question is also: what is "intellectual"? I did alreday find here infoirmation that I could not find elsewhere. It was far from really intellectual. Just simple things I read here by coincedence. But even that can be interesting without being intellectual.

I think I like to hear what others are thinking and what other members do. ET is just a more condensed place than Reddit. It is too large and hard to keep track.

What ET lacks is the breadth. The same hype posters keep posting and add to post count. Most time are garbage.

 

[RedSun]

There are lots of people on ET who claim to have win rate of > 80% or make millions doing intraday trades. Not difficult to find them as not a day goes by without some outrageous claim

I would not care what others claim. It depends on so many things, like position size and instruments. Even some traders with 55% win rate can be very successful if the winners are much higher than the losing trades. Some large winners at the right time can be the deciding factor.

 

[virtusa]

This is what I care about if I judge (my own) performance:

I see clearly how the system behaves. I can see if I need a few big winners or do have a few huge losses. That tells a lot about the quality/consistency of the system that is traded.
I also check the drawdown and recovery time.

I can keep in general 90% of the profits I made in winning trades. So in the losing ones I give back 10%. All this is NET, so included commissions andother costs.

 

[deaddog]

This is what I care about if I judge (my own) performance:

I also like to look at the extremes rather than the averages. I want to see the best and worst results.

Does the trader let his losses get away on him.