Longest winning streak?

[stewbacca]

I work at a firm in Austin, and one of our traders has gone 170 days without a losing day. Has anyone, or does anyone know anyone who has ever beaten this?

 

[Yuguru]

if he doesnt have alosing day, then he is not pushing the enevelop enough. Probally should be making 3x more.

 

[polpolik]

Does he get out of all position at the end of the day?

 

[TrueRange]

thats quite a streak. hope he was upping size every day..otherwise whats the point.

 

[stewbacca]

He doesnt take overnights, and averages 1-2k a day

 

[smilingsynic]

Quote from stewbacca:

He doesnt take overnights, and averages 1-2k a day

What does he trade?

Does he use more or less leverage than other traders in your office?

Hope you don't mind the questions. Your friend sounds like a winner, and I always like hearing about winners.

 

[polpolik]

very nice. I think being consistent like that is better than swinging huge trades with more risks.

My longest winning streak was about 20 days then got met with a huge streak of losses.

 

[stewbacca]

he has $200k buying power, he trades mainly amex stocks

 

[Steve Tvardek]

80 days is my best up streak, from late nov 05 until late march 06.

 

[Yuguru]

he should find some more buying power, he could be making millions instead of just living nicely