Are any traders profitable for 5+ years?

Yes. But i don't know of too many others. But i don't really know that many traders either. I'm completing my first 10 years of my money up prop trading. I've had 7 profitable years (6 of those 7 figure year) and 3 negative years. 2 of those obscenely negative. My down years came in years 6,7, and 10. Year 8 and 9 were 2 of my best years. I've traded about 500+ million shares.

I got smacked around pretty good this year mostly in a few blowups in Silver with dumb size on. Hoping the next decade of trading goes well. I'm interested in a true capital backed prop account to reach my full potential. Offers welcome.
 
1) 99% of trades are intraday. and a majority of those last one time frame of the day (morning, lunch doldrums, afternoon)
2) no.
3) no idea.
4) when you don't have your normal edge - either because of the market or your psychological makeup - trade a lot less or don't trade at all. bankroll management is huge too.
 
Quote from Stoks:

1. What is your primary style and time frame of trading? ex. swing, market making, event, intrady, weekly...

2. Do you backtest? If so using what program? I use amibroker.

3. What percentage of your orders are limit versus market?

4. What is the best piece of advice you have related to long term survivor-ship in the stock market?
... Advice?

1. For three years daytrading only... now all are swing trades. My primary style isn't something which can be generalized and put in a word; but it relies heavily on relative strength.

2. Yes, amibroker; now shifting to R.

3. Around 70% are M.O.

4. Try to have a holistic view on trading- do not generalize and do not carry opinions.

Not yet rich enough to give more advice.
 
Profitable for the last 5 years

1. News and event-based
2. Not in an automated way.
3. 100% limit
4. Try really hard to understand your edge in each situation and adjust your trade size accordingly.
 
Quote from Stoks:

Just wondering if any exist because I haven't met any. It would be nice to know some intra-day traders are consistently profitable. If you are one, and have a minute, I would be grateful to hear about any of your experiences and I have a couple questions:

Thank you in advance.

1. What is your primary style and time frame of trading? ex. swing, market making, event, intrady, weekly...

2. Do you backtest? If so using what program? I use amibroker.

3. What percentage of your orders are limit versus market?

4. What is the best piece of advice you have related to long term survivor-ship in the stock market?


10+ yrs.

1. Intraday only. Mostly news related.

2. No.

3. 99.9%

4. Systems don't work. It's easier to spot trash than hidden value. Pay no attention to Macro stuff. Learn to spot patterns. Know what your trading- trading the same number of shares or risking the same $$ amount per trade doesn't work over time. Keep your account small. If you can't make AT LEAST 200-300K off a 100K acct your doing something wrong. And go home early- 90% of the
money is made by 10am.
 
Quote from Stoks:

Just wondering if any exist because I haven't met any.

1. What is your primary style and time frame of trading? ex. swing, market making, event, intrady, weekly...

2. Do you backtest? If so using what program? I use amibroker.

3. What percentage of your orders are limit versus market?

4. What is the best piece of advice you have related to long term survivor-ship in the stock market?


Not profitable for 5 years but I'm finally out of the sea of red, after a year of manual walk-forward optimization.

1. Swing, long options

2. No, mostly technical observation on a chart to get the concept down. Once I backtested on Seer, the idea was confirmed profitable.

3. All are market via stop or stop limit

4. CUT LOSSES
 
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