My growth has slowed since the beginning of the year

S

Steven W

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
 
I am 44, athletic, have over 13 years of trading experience in professional settings and another 7 years trading independently. Can and should I become US president?

Problem: not enough information!

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
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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...

If you're on track to make 150 and your quality of life is improved or the same as working for someone else, then that's a metric you should look at as well.

Perhaps put daily market returns beside your daily returns and see if the absolute correlation is closer to 1 than zero. This will at least tell you whether you are dependent on the market performance for your returns and so whether you are lucky.
 
nooby_mcnoob said:
You sound like a catch, wanna date
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santlot-kids.jpg
 
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...
%%
Its not luck. You have enough sense to trade trends/main trends LOL
You dont seem to be trading too much. It is an unusual strong UPTREND/bull market+SPY ,QQQ most likely will finish 4th quarter strong.WHY?? Hirsch Stock Traders Almanac; Pre-election year.

NOT a prediction. BUT watch out , SteVe W, for the years that dont trend anywhere near this strong/%% up LOL.
IF i understood you right, you are still doing well YTD[year to date] ??.IF your guts are really bothering you,now, some take off trading until SEPT. Wisdom is profitable to direct.:cool::cool:,:cool::cool::cool::cool::cool::cool::cool::cool::cool:
 
murray t turtle said:
%%
Its not luck. You have enough sense to trade trends/main trends LOL
You dont seem to be trading too much. It is an unusual strong UPTREND/bull market+SPY ,QQQ most likely will finish 4th quarter strong.WHY?? Hirsch Stock Traders Almanac; Pre-election year.

NOT a prediction. BUT watch out , SteVe W, for the years that dont trend anywhere near this strong/%% up LOL.
IF i understood you right, you are still doing well YTD[year to date] ??.IF your guts are really bothering you,now, some take off trading until SEPT. Wisdom is profitable to direct.:cool::cool:,:cool::cool::cool::cool::cool::cool::cool::cool::cool:
More...

Thanks for being the only serious answer
 
Steven W said:
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
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1. It is the bull market and not your skill since you bet with the market. Don't confuse the bull market for skills.

2. Look for a day job and trade on the side until you are certain your skill is real.

How do I know? Been there done that.
 
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