How was your 2015?
- Thread starter nursebee
- Start date
How do I judge success?
1. Did you beat the SP500? On 3 of my 4 accounts I beat the S&P500. On one of them I trail miserably!
2. Did you beat opportunity cost (day job)? NO! I get paid very well in a senior role at a tech company. Not by a far margin. Perhaps this year, I'll get close to 1x my salary, which would be a great stretch goal. Even 0.5X my current salary would be awesome.
What was your return? Depending on the account. 2.42%, 30-50% on the other accounts. -35% on a large account. I'm hoping to build back that -35% account back up.
1. Did you beat the SP500? On 3 of my 4 accounts I beat the S&P500. On one of them I trail miserably!
2. Did you beat opportunity cost (day job)? NO! I get paid very well in a senior role at a tech company. Not by a far margin. Perhaps this year, I'll get close to 1x my salary, which would be a great stretch goal. Even 0.5X my current salary would be awesome.
What was your return? Depending on the account. 2.42%, 30-50% on the other accounts. -35% on a large account.
I'm hoping to build back that -35% account back up.1. Did you beat the SP500? Yes
2. Did you beat opportunity cost (day job)? No, not even close.
3. What was your return? +20.25% , $10,857. Up over 100% with my options account but I only made like $2k for the year in that one.
I think that people should post their Sharpe ratio for the year. It's almost as important as your return itself. As anyone can trade super leveraged or some ultra risky instrument and luck out. According to Interactive Brokers my Sharpe ratio was 0.99 for the year and the SPX was 0.19. So I know my strategy is delivering some serious alpha
wouldn't it be nice if you could make more money sitting in your pajamas trading the S&P than you could make operating a restaurant?
Reread his post before throwing around insults, if someone thinks the ES market is an ATM (LOL) then they should be trading in more than retirement accounts.
2015 was not bad for me. it was good in terms of trading .i make more than 20% profit as a whole in this year. I learn many new things that are helping me now to do trading in a new way that will be a mile stone for me. I feel one should try to get knowledge with his trading for best results.
Tooting your own horn about your trading skills and people be disturbed when you contradict yourself. Handle123 was implying he makes a living off or uses the ES as an instant source of sustainable income by saying the ES it's an ATM. How can you do that with your ATM 100% in retirement accounts for 2015?
Rule 1:-
This is the internet, you don't know anyone really, assume everything is a lie, cause everybody lies, get over it and move on.
Rule 2:-
When someone is possibly honest, don't discourage it, by calling them a liar.
Too many variables, here is a quick list of possibilitys!
1. He's Rich already, just trades his retirement funds tax free cause he's tight.
2. He blew his regular account and only has 401K's left
3. He has a job which pays him enough, so he's trading to boost his retirement.
Read back, he clearly said he sucked for ages, then he had a good run where ES behaved to his method, that period was the ATM period, it'll go back to hard work again soon.
Trading is never easy, will never be easy, 99% of us aren't trading with large amounts ( me for sure ), get over it!!
He mentioned he mentors other traders in the thread where he said the ES is an ATM, maybe I am wrong by assuming it was for-profit mentorship. I know how the game is played, that's why I'm working on becoming a trading vendor in 2016.