% profitable days

coolweb · Feb 2, 2006

Quote from tradewiz50:

Yeah too bad your trades are just on paper.

Also, learn to user a spell checker their Coolweb.

Thats all you have for me?

That I am paper trading? :/

I was expecting something better

Although I must be one of the best paper traders around who can post real time trades and be profitable on almost every single one of them.

Please feel free to browse my lovely new thread in the journal section

Stock Swing Traders

for more paper trading magic.

LoseR! hahahahahaha

pjbreen · Feb 2, 2006

Quote from tradewiz50:

Also, learn to user a spell checker their Coolweb. [/B]

Too bad there's no grammar checker.

coolweb · Feb 2, 2006

Quote from tradewiz50:

Yeah too bad your trades are just on paper.

Also, learn to user a spell checker their Coolweb.

I may not be abe to spl

but "their" ?

Spelling misfit here is correcting spelling when his 2nd grade grammar mistakes have not been resolved.

hahahahahahahaha

lokkeilaw · Feb 2, 2006

Good months 90% profitable days
Average months 75% profitable days
Bad months 60% profitable days

Consistency is key to success.

promagma · Feb 2, 2006

Thanks guys, it seems often the case in trading, there are a lot of ways to make money in the markets. I am working on a system and it looks like I need to

- Look at performance week by week, it is pretty good
- Work on diversifying with other strategies / products / timeframes

murray t turtle · Feb 3, 2006

Both GM downtrends ;
& BR uptrends sector have a different hit rate % swing trades,
so tend to trade/invest them accordingly.

Sideways slop trends are least favorite.

nononsense · Feb 3, 2006

vikana · Feb 3, 2006

Quote from mschey:

I don't know if I could trade that system.....the challenge to would be the constant question of what if this is my final drawdown? I commend you on being able to stick to that system.

The reality is that sitting through drawdowns can be extremely hard. Individually, some of my systems have max drawdown that can last as long as a 1 1/2 years to get out of; other have max drawdown duration of about 30 days.

The only way to stay with it is to trade multiple time frames and strategies, and "hope" that the statistics works out. Even after all of that, I generally have 2 to 3 really good months a year with the rest being small up and down.