How Much Should A Trader Make?
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Let's see, I started with $25,000 5 1/2 yeras ago and here are the results
not to brag.....well, kinda bragging)
1998 (5 months) $20,000
1999 $414,000
2000 $1,657,000
2001 $1,016,000
2002 $525,000
2003 $ 165,000
Looks like I'm on the downside of the curve!
The point is that i think the question is misguided.
All one can do is trade safely. I went from maybe 1000% in a year , to 10%. You can't keep increasing at an exponential rate because increasing size will affect the market prices in a negative way, at least in many stocks.
As an example, I bought 25,000 ONE on theopening yesterday. The total opening was 75,000 shares. So, had I done 50,000, the price surely would not have been the same (it was a market order)
Just find a strategy that works and don't worry abt %'s.
not to brag.....well, kinda bragging)1998 (5 months) $20,000
1999 $414,000
2000 $1,657,000
2001 $1,016,000
2002 $525,000
2003 $ 165,000
Looks like I'm on the downside of the curve!
The point is that i think the question is misguided.
All one can do is trade safely. I went from maybe 1000% in a year , to 10%. You can't keep increasing at an exponential rate because increasing size will affect the market prices in a negative way, at least in many stocks.
As an example, I bought 25,000 ONE on theopening yesterday. The total opening was 75,000 shares. So, had I done 50,000, the price surely would not have been the same (it was a market order)
Just find a strategy that works and don't worry abt %'s.
The answer my friend
is blowin' in the wind.
The answer is blowin' in the wind.
is blowin' in the wind.
The answer is blowin' in the wind.
well doneQuote from thetraderprofit:
Let's see, I started with $25,000 5 1/2 yeras ago and here are the results
1998 (5 months) $20,000
1999 $414,000
2000 $1,657,000
2001 $1,016,000
2002 $525,000
2003 $ 165,000
Looks like I'm on the downside of the curve!
The point is that i think the question is misguided.
All one can do is trade safely. I went from maybe 1000% in a year , to 10%. You can't keep increasing at an exponential rate because increasing size will affect the market prices in a negative way, at least in many stocks.
As an example, I bought 25,000 ONE on theopening yesterday. The total opening was 75,000 shares. So, had I done 50,000, the price surely would not have been the same (it was a market order)
Just find a strategy that works and don't worry abt %'s.
Just bragging !!!
i don't know about you, but i'm interested in what has been achieved by other traders.
there's nothing wrong with stating your accomplishments.
GG: Those who call you (a fellow trader) a "fool" and a "loser" are just sour people and should not be posting on ET as they wreck good threads by puking out their personal problems.
To call a fellow trader a loser and a fool is very distasteful in my sight and those who do so... should be horsewhipped.
Pls do continue posting - you're always welcome to post on any of my threads despite what all the message board controler wannabes postulate.
If we cannot end up busting up laughing at at least some posts here by the time we're done reading then we're missing a critical point to posting itself.
Ignore the abjects.
ol
"Just Bragging" refers to the add from Donald Trump for his Resorts...
But I would say that , as many long run trader (I'm not) know, exhib figures on a the web a little thing.
It is more interresting to know the cash you had (25K?), on whitch product you trade (Options ? Futures ? stocks?) and what is your Std Deviation as mesure of risk or your normal VAR.
You can't compare a 37% yield per annum with 10% risk
and 100% yield per annum and 100% risk
rgds
