Is 61 winners out of 68 trades a good record?
- Thread starter mrmarket
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Quote from glassinc:
I'm of the opinion this will be moved to Chit Chat sometime 2morrow. Mr. Market, this topic has gotten really old, can you come up with another please? The story is the same only the #s change.
TIA! God Bless You!
Ping or is it Pong!
Kelly
Ok..can you pretend it wasn't me that asked the question and just answer it at face value?
bow down! mrmarket is HUGE! Where are dem fine meats & cheeses at? 
-Fast
-Fast
Mr. Market, I think you are a very good trader. I personally use technical analysis, but your fundamental analysis is very insightful and well thought out. 61 out of 68 trades is very good. But, it truly all depends on your return and money management. If I won$1 every time I was right and lost $50 every time I was wrong then it would suck. But if you were risking $1 to make $2 (or something like that) then that rocks. It also depends on the amount of time you hold your position and how much capital it ties up. If you have to hold it for months with a large percentage of capital, then it also would effect it.
I think it would help if you could answer just a little of this or have a link with a spreadsheet or something. Either way I would love to learn your analysis technique. Not to trade with, but to understand companies a little better. Have a great day tomorrow and keep up the good work.
I started replying before I read Leverage's reply. Exactly what I was thinking.......
I think it would help if you could answer just a little of this or have a link with a spreadsheet or something. Either way I would love to learn your analysis technique. Not to trade with, but to understand companies a little better. Have a great day tomorrow and keep up the good work.
I started replying before I read Leverage's reply. Exactly what I was thinking.......
Hello,
How are you?
I want to know, what is your portfolio's rolling APR? (it would be interesting to see the graph....I know you have one
)If you were to calculate the return that way, it would be a nice addition to the way you measure your winning streak. It would factor in a benchmark for "time" and the holdings that you don't sell would be included also...
Michael B.
P.S. I would venture to say that your APR far exceeds, just throwing your money in the bank...and the little amount of labor you expend makes it worthwhile
P.S.S. My question to ETr's might be...how much do you make per hour?
How are you?
I want to know, what is your portfolio's rolling APR? (it would be interesting to see the graph....I know you have one
)If you were to calculate the return that way, it would be a nice addition to the way you measure your winning streak. It would factor in a benchmark for "time" and the holdings that you don't sell would be included also...Michael B.
P.S. I would venture to say that your APR far exceeds, just throwing your money in the bank...and the little amount of labor you expend makes it worthwhile
P.S.S. My question to ETr's might be...how much do you make per hour?
No Mr Market is not only HUGE but VERY HUGE that's what he want to hear or he will return to haunt you
Quote from Fast_Trader:
bow down! mrmarket is HUGE! Where are dem fine meats & cheeses at?
-Fast
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