I am up $600 million this week and have never had a losing day in my life...
How many of us ET traders are up or down this year?
- Thread starter Optionpro007
- Start date
Roughly up 50-55% for the year.
I believe the "Retail Traders" that state 15-55% for the year.....which is quite an accomplishment and a lot of work to get to the point to understand that this is good.
But what I like about this business, there are no limits...Getting there is what it is all about. Remove the blocks and the sky is the limit.
Michael B.
But what I like about this business, there are no limits...Getting there is what it is all about. Remove the blocks and the sky is the limit.
Michael B.
http://www.elitetrader.com/vb/showthread.php?s=&postid=820379#post820379
My results - attached to the above post.
- Spydertrader
My results - attached to the above post.
- Spydertrader
I'm up 17% this year, trading part time, but still have only half of what I put in since 2000. Through late 2004, I didn't do any better than if I had just invested in QQQ and done nothing else. It was like every time the Nasdaq was at 2000, I was at $80K, so why was I spending my time doing this?
I was almost exclusively doing long day and swing trades on distressed tech companies, some of which recovered and some of which didn't.
Last December I somehow decided that the economy and corporate earnings could not continue getting better forever and began aggressively buying Jan puts in QQQ and SPX, which paid off all through January.
So now I mostly keep up my jaded outlook on the economy and swing trade SPY puts. It's kind of odd. I've turned into someone who hopes for bad news. I watch Morning Call on CNBC before I come in to work, and when they're all somber, saying "oil is up and futures are looking pretty grim", I'm all "oh, yeah!"
I was almost exclusively doing long day and swing trades on distressed tech companies, some of which recovered and some of which didn't.
Last December I somehow decided that the economy and corporate earnings could not continue getting better forever and began aggressively buying Jan puts in QQQ and SPX, which paid off all through January.
So now I mostly keep up my jaded outlook on the economy and swing trade SPY puts. It's kind of odd. I've turned into someone who hopes for bad news. I watch Morning Call on CNBC before I come in to work, and when they're all somber, saying "oil is up and futures are looking pretty grim", I'm all "oh, yeah!"
That's just one of my sub-accounts.Quote from Choad:
Only $63 Million? *snicker*
Well, I guess it's a start.
When ya tick-f**k it up to $100 Mil give us a call...
//shrug//
here's another acct snapshot - the lowest of the Balances.
btw, remind me, again, why I should call you....?
take it lightly.
fx