How much do day traders make
- Thread starter newdog
- Start date
u might be in the wrong field cuz trading with that sense might make it a hobby rather than a profession, u might not trade 10m account but i know 2 people that trade near that size and they are very comfy and trading stress to them is just as much as it is to the smaller guy, the amounts are usually irrelevant, the percentages are what matter,
Is this song by the Menendez Bros by any chance?
well, I do not agree that increase returns means increased risk as it depends on the how much you need to be out to know your trade is not working, of course if you swing trade than you need to leave wiggling space to the trade and so you may be under by few % before you know the trade is not working.
now if instead you day trade and take profit/loss often hence make a several trades each day you may still get that 1-2% a day with a limited loss if one of your trade goes against you, of course you would need a high winning rate to sustain this
so, get your entry right 80-90% of the time and then you have it...
sounds easy in theory, even in day trading u could suffer a larger percent draw down than swing trading when u hit several losers in a row even if ur entry is right 80-90% of the time which is almost unattainable anyways, but if so u could hit the 20-10% of losers in a row and take a hit on ur equity
wenty Years From Now You Will Be More Disappointed By The Things You Didn’t Do Than By The Ones You Did Do
Mark Twain
No, had to look it up. Butthole Surfers... "Sweat Loaf"
And I got the lyrics a bit off. (It's been a while since I listened to the album).
This is so so arrogant of you to say. You know two people who trade close to $10,000,000 and are very comfy and trading stress to them is just as much as it is to the small guy? If I recall from your postings, YOU ALSO seem to have a fuckton of money you are trying to trade with. Are you saying those guys are using their entire $10 million in trading? Or do they have another $5 million socked away in investments earning dividends/capital gains/reinventment, so even if they blow their $10m trading account they can retire peacefully?
Percentages do matter, but not for the bigger guys; rather the smaller ones, who are trying to trade for a living. NOT for those who are trying to trade for living on a yacht, but for those living in a flat while eating beans and rice once per day. Punk.
Agree systematic or marsman is completely FOS
ur rather a plain idiot overnight, and its proven with ur posts, percentage matter only to the small guys and not the big guys??? wtf?? do u listen to ur self??? then how is performance measured at big funds and ctas??? by how much money they made or by what percent up is the fund??? ur telling me that u trade and the only figure u care about is percent??? when just in ur previous post u said u trade on a profit target and based on how much ur cell phone bill is,,,, lol,,,
i still dont know how and where u infered that i got a ton of money,, if i did i wouldnt be here to learn more and argue with the few morans like u and algofy,,,,
percentages is all that matter for the bigger guys cuz thats how they measure what they are making and whether its worth the time,,,
ur obvioulsy so small minded that u cant see it any other way,,,
rather the smaller ones, who are trying to trade for a living
do u interpret ur own writing? how does percentage matter to the small investor who at the end of the damn year or month has an X amount of expenses in aboslute dollars??? how tell me???? tell me how do u draw these conclusions..
a small trader makes 100 percent and is great,,, thats what he cares about according to u,, when that 100% might have been made on a 3000 dollar account and end of year he actually made less than minimum wage,,, ur a brilliant man overnight... BRILLIANT,,,