get back to us when next year has flat or negative outcome.
your alias fits your market experience to a T
So how was your performance in 2009
- Thread starter trader#21
- Start date
your alias fits your market experience to a T
Well first they start out with 10 paper trading accounts.
This was my first FULL year trading and I started the year full throttle and was was extremely confident I could net the minimum 100% return I need to trade for a living.
Sadly, I had to learn many tough lessons, and repeated some serious mistakes again and again.
I found out I had a sim account with IB this summer and that allowed me to regain my bearings by testing many strategies day after day and developing a core set of rules.
So far I'm +42% on the year, which means the trading account is smaller to start 2010, I'll need to generate a better than 100% return next year, and as Pension_Admin says, places me one step closer to quitting or succeeding.
Then again, who knows, maybe a windfall profit will get me to goal before the year end
I wish everyone prosperity in the coming year!
Sadly, I had to learn many tough lessons, and repeated some serious mistakes again and again.
I found out I had a sim account with IB this summer and that allowed me to regain my bearings by testing many strategies day after day and developing a core set of rules.
So far I'm +42% on the year, which means the trading account is smaller to start 2010, I'll need to generate a better than 100% return next year, and as Pension_Admin says, places me one step closer to quitting or succeeding.
Then again, who knows, maybe a windfall profit will get me to goal before the year end
I wish everyone prosperity in the coming year!
With all due respect. You really should hang out with a better class of scalpers. Most scalpers I know had banner years.
How a scalper couldn't print cash in August is beyond me.
Oh Puhleeze, active trading is a losers game my market experience is irrelevant.
Logic dictates Passive low cost investing as a whole must be more profitable than active management.
I simply choose to put the odds in my favor whereas evidently you do not.
not my problem.
Investing is about 90% fama & french and 10% behavioral finance.
... so pretend you invested 100% at index lows of year 2000. ten years later, how far up in Dow => SPX => NDX is your portfolio now?
100% stupidity is the case here
Quote from NoDoji:
This was my first FULL year trading and I started the year full throttle and was was extremely confident I could net the minimum 100% return I need to trade for a living.
Sadly, I had to learn many tough lessons, and repeated some serious mistakes again and again.
I found out I had a sim account with IB this summer and that allowed me to regain my bearings by testing many strategies day after day and developing a core set of rules.
So far I'm +42% on the year, which means the trading account is smaller to start 2010, I'll need to generate a better than 100% return next year, and as Pension_Admin says, places me one step closer to quitting or succeeding.
Then again, who knows, maybe a windfall profit will get me to goal before the year end
I wish everyone prosperity in the coming year!
Good lord why do you need a minimum of 100% return in one year?
You do know risk and reward are inextricably entwined don't you?
I'd say demanding 100% returns each year is the perfect way to blow up.
We don't have to worry about NoDoji. She is really good with risk management. She has good consistent result too.