equity traders making over 100k

[Cocaine]

Just daytrading, yes

Quote from scorpion:

THE QUESTION could be how many traders maker over 100 k per year that strictly daytrade a market? no overnites or other income, strictly a pure day trader that grinds it out as their only income source? anyone? thanks.

 

[Dustin]

Quote from scorpion:

THE QUESTION could be how many traders maker over 100 k per year that strictly daytrade a market? no overnites or other income, strictly a pure day trader that grinds it out as their only income source? anyone? thanks.

Yes. There are quite a few of us. Mostly retail-prop guys that learned to be creative. The Trader P&L thread is a good place to start.

 

[EricP]

Quote from NY_HOOD:

just curious. how many of you guys trade equites only and make over 100k per year? are you guys scalpers,swingers etc...?

Daytrading, <4 hour hold times, but will carry overnights, as well.

 

[ZTrader888]

Here's my portfolio for about four years. About 180K/yr average.

 

[rcanfiel]

1) 100K is not a good question. How much is your trading capital? What %return is far more useful

Someone starting with 1.5 million from Mommy's nest egg is a lot different from someone turning 100% on 100K

2) I would dismiss up to 80% of the eventual posters to this thread, as there are a huge number of duffers on this site who get off on exaggeration of both skill and actual performance.

3) How long? Someone who tripped over a couple of outsized returns are a lot less impressive than someone who has been doing it steadily for 8 years.

 

[stupididiot]

Quote from anvil993:

Typical ET thread lifecycle. First someone starts a pretty decent thread asking a fair question.

Then a mindless pinhead tries to be a comic, posts a worthless comment.

Then a investor often impersonating a trader who has recently found nirvana with ' Futures For Dummies" or "Options for Dummies" chimes in why trading intraday, scalping or trading equities, or trading in general doesn't work anymore.

Then comes the graphics department with the smiley avatars...and we are in an arms race to the gutter.

The thread gets derailed and the ad revenues continues....

You forgot the gratuitous JA pic.

 

[Trader KGB]

Quote from ZTrader888:

Here's my portfolio for about four years. About 180K/yr average.

Says the guy who's posting about needing to raise capital or find a prop to test his strategy...

Quote from ZTrader888:
I'm a developer and don't have a lot of dough. Are there any prop firms who would consider someone who trades systems only?

Nice backtest report btw, funny how it keeps changing every time you post it. Not enough suckers on Collective2?

Quote from rcanfiel:
2) I would dismiss up to 80% of the eventual posters to this thread, as there are a huge number of duffers on this site who get off on exaggeration of both skill and actual performance.

Indeed!

 

[cowpok1027]

I trade stocks & options but I'm sure there are many 100k/yr stock traders (many may not post to ET tho).

So what?

 

[dtan1e]

Quote from Trader KGB:

Says the guy who's posting about needing to raise capital or find a prop to test his strategy...


Nice backtest report btw, funny how it keeps changing every time you post it. Not enough suckers on Collective2?


Indeed!

to think i was going to say what a phenomenal performance

 

[ZTrader888]

Of course it changes, idiot - note the dates and additional strategies. BTW, there is capital behind these strategies currently.
Can you match the performance???