How much have done in May as performance so far ?

How much have done in May as performance so far ?

  • <0%

    Votes: 1 4.0%

  • 0%-2.5%

    Votes: 1 4.0%

  • 2.5%-5%

    Votes: 6 24.0%

  • 5%-10%

    Votes: 3 12.0%

  • 10%-15%

    Votes: 2 8.0%

  • 15%-20%

    Votes: 1 4.0%

  • 20%-25%

    Votes: 2 8.0%

  • 25%-35%

    Votes: 1 4.0%

  • 35%-50%

    Votes: 1 4.0%

  • 50%-100% and more

    Votes: 7 28.0%
  • Total voters
    25
  • Poll closed .
A,the guys with their eyebrows raised have been around the block,either on derivatives desks,hedgefunds,trading pits or all of the above..

You start a thread stating outstanding returns,but claim to work at a hedge fund which is strike 1...Ive worked at a major hedge fund,and I would not be posting my returns on Elite trader asking how others are doing..Thats really odd..

You are happy to post your returns,but wont post AUM or cant even state what you are trading...

You seem to take offense to me suggesting you are trading a very small account at a hedge fund...Its clear you are pretty new to this,and I do commend you on the returns generated real or not...

Last but not least,know your audience a it better




TrAndy2022 said:
And one more thing Newwurldmn, you commented that even a 4-month period of trading is meaningless. Then you should definitely work on your strategy, if you cannot find within a 4 -month period if your strategy is working or not. You must have bad or very mediocre strategies that you cannot see that in that timespan. Good traders are profitable every month (at least). So you need to work a lot here before spreading around your negativity.
And one more for Taowave, if you had difficulties to believe the performance of what I have done (FACTS), then you should question yourself what is possible in the trading world. Maybe you start again with some readings on (the randomly selected, because there are many, many more) New Market Wizards books from Schwager. Then you might get a better idea. It also tells me you have never seen a very good strategy. So work on. But not offending me and other traders.
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taowave said:
Could it be warm weather related??
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that too. summer months has been my slowest month last year. i have to double check on my stats from last year. also college and hs school kids are out of school and maybe doing it. too many ubereat, doordash, and grubhub drivers.
 
You've seen dozens of these guys. They crush it for a few months. Think they have it figured out and then blow up and are never heard from again.

To paraphrase Alec Baldwin in Glen Gary Glen Ross
And you know what you’ll be saying? Bunch of losers sitting around in a bar. “Oh yeah, I used to be a trader. It’s a tough racket.”


taowave said:
A,the guys with their eyebrows raised have been around the block,either on derivatives desks,hedgefunds,trading pits or all of the above..

You start a thread stating outstanding returns,but claim to work at a hedge fund which is strike 1...Ive worked at a major hedge fund,and I would not be posting my returns on Elite trader asking how others are doing..Thats really odd..

You are happy to post your returns,but wont post AUM or cant even state what you are trading...

You seem to take offense to me suggesting you are trading a very small account at a hedge fund...Its clear you are pretty new to this,and I do commend you on the returns generated real or not...

Last but not least,know your audience a it better
More...
 
TrAndy2022 said:
And one more thing Newwurldmn, you commented that even a 4-month period of trading is meaningless. Then you should definitely work on your strategy, if you cannot find within a 4 -month period if your strategy is working or not. You must have bad or very mediocre strategies that you cannot see that in that timespan. Good traders are profitable every month (at least). So you need to work a lot here before spreading around your negativity.
And one more for Taowave, if you had difficulties to believe the performance of what I have done (FACTS), then you should question yourself what is possible in the trading world. Maybe you start again with some readings on (the randomly selected, because there are many, many more) New Market Wizards books from Schwager. Then you might get a better idea. It also tells me you have never seen a very good strategy. So work on. But not offending me and other traders.
More...

I'd figure I would respond to this because it shows your naiveté.
Almost any strategy works well for 4 months. Very few strategies work consistently for 10 years. And virtually none have no losing months over 10 years.

The "old timers" in this thread and on this board consider 5 figure daily pnl swings rounding errors. Why is that? Because they've been reasonably consistently profitable for a long period of time over several market conditions. Only after you do that, can you say you are really profitable. If you are intellectually honest you will know that is a lie because you can still be ended any day.
 
So far today 5/17/23…I did a little better on door dash…up $18.17. And I’m up $4,400 trading the stonk market today. How are u guys doing today?
 
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newwurldmn said:
I think you are new to this endeavor.

I’m happy you are earning but don’t confuse luck with skill and don’t mistake performance at 10k vs 10mm.

You are either super right or super levered. The only way to be super right is if you have a real information advantage. It’s easy to be super levered and you can lose as fast as you earn.
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%%
LOL i have a super trend indicator on my charts. :D:DLOL
IT lS hard to beat that principle , make 20%one month , lose20%.
I dont think there is any such thing as luck=small sample maybe. Sorry WMT stopped selling+ buying whole wheat bagels.
I guessed he did not want to put JAN% in public+ major trend change for SPY.......
Same JAN here, except i'm glad to turn any kind of profit in JAN, many trend followers including me have lost a lot in past, major trend change.
Believe it or not i got 2 free lotto tickets from an auto dealer. Would you believe it if i told you i won nothing off those 2 tickets , lotto,a stupid tax on people that cant do math??:D:D
 
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