My growth has slowed since the beginning of the year

If you doing well long term and if you don't have 5-6 years of savings for your style of living, rent, food expenses, I would go get a job and do both. This way when market stops going up, you have a fall back. Always should have fall backs in life, a way to hedge. And in mean time back test in data that was not going up and see how your method works. Good luck.
 
How in the world are you coughing up 25% of profits trading stocks???

Seems like a recipe for disaster,but you are proving otherwise...
 
If your making 200K in a year, don't be greedy and change anything, you in the 0.1% with that kinda result, 25% just the cost of doing business be happy!!
 
I just look at all these tech stocks and Beyond meat and I feel like if I parked all my cash in bynd or shopify, I would have made a lot more this year. Shop is up 300%
 
I think you should try it,its easy money..Let me know how it works out for you...




Steven W said:
I just look at all these tech stocks and Beyond meat and I feel like if I parked all my cash in bynd or shopify, I would have made a lot more this year. Shop is up 300%
More...
 
Reread your post..Im dubious

How f-n hot was your hot start if it has slowed down to the point where you are only profitable "57/60" over the last 60 days??? 57/60 is a cold streak??? Aren't you right 40% of the time??
Am I interpreting 57/60 correctly?

Looks like you are trading with a min 2+ R/R ratio...OK...

You are on course to make 200k trading and pay out 25% trading stocks??

How in the world do you pay out 25% in commissions trading stocks?? Who do you trade with?

Are you trading for nickles and dimes in massive size?

Something doesnt add up



Steven W said:
7 out of 12 months have passed. My hot start has slowed down. If I extrapolate the data to a full year, I am on target to make 200k, and pay 50k in commissions and sec fees. Is the brokerage 25% cut too much in terms of being a successful trader? Daily, I have 60% losing trades with 40% winners. 40% winners usually cover all the losses for a daily profit. Last 60 days, without taking in account commission and sec and taf fees, I am profitable 57/60.

Am I trading too much? Not sure what metrics should I aim for as a long term goal. I am not sure if I am lucky or have skill at this point as this is a bull market and I usually long stocks. Should I be looking for another job and trade on the side or should I trade full-time? I feel like there is a lot of uncertainty
More...
 
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