Swing Traders: What are your monthly returns?
- Thread starter Smart Money
- Start date
Maybe I've seen that movie already, but have no rememberance to it, even now after skimming over at wikipedia :-(
I don't watch such gangster shaet anymore...
This Martin Scorsese guy can do only such gangster shaet. What cultural advancement do such stories of outlaws bring the society or for an individual? Nothing IMHO
--> just some useless trash stories of brutal criminal behavior...
Boy you guys are kicking ass. I've been swing trading for about 20 years. I haven't kept monthly records because it's not something I'm interested in.
What I look at is my account balance at the end of the year. After 20 years I have grown my account balance at a compound rate of 1.7% per month. It's actually more than that as I make withdrawals to help fund my lifestyle.
This month I won't make a thing as I'm sitting in cash.
I'm more concerned about protecting my capital than I am about monthly returns. I'd rather brag about having a low drawdown.
What I look at is my account balance at the end of the year. After 20 years I have grown my account balance at a compound rate of 1.7% per month. It's actually more than that as I make withdrawals to help fund my lifestyle.
This month I won't make a thing as I'm sitting in cash.
I'm more concerned about protecting my capital than I am about monthly returns. I'd rather brag about having a low drawdown.
My current plan is to split my AUM to 20 spreads of different underlyings, meaning risking max 5% with each spread position.
Of course the less this risk percentage is, the better it is, but it means to split the AUM to > 20 positions.
25 positions mean 4% risk for each, and 100 positions mean 1% risk for each...
Managing such many positions manually is impractical --> one needs program trading using broker's API...
Of course the less this risk percentage is, the better it is, but it means to split the AUM to > 20 positions.
25 positions mean 4% risk for each, and 100 positions mean 1% risk for each...
Managing such many positions manually is impractical --> one needs program trading using broker's API...
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You are going all in and risking your entire account??
Spreads won't save you with your approach
You may want to rethink your position sizing methodology
Spreads won't save you with your approach
You may want to rethink your position sizing methodology
Not much to tell you..
Your desired returns are bordering on delusional and leading you to take way to much risk...
The tails won't save you if your positions are too big,i.e risking too much
Your desired returns are bordering on delusional and leading you to take way to much risk...
The tails won't save you if your positions are too big,i.e risking too much
You guys can make a ton more money....if you are relatively precise in day trading the S&P with options, along with trade management,
I would never be happy with your returns of just 1%/month, or 2%/month, or 3%/month, or 4%/month,.....what peanuts,
Put the word Elite ....back into EliteTrader -- this place is currently Grandpa, conservative, average, impotent Central,
I would never be happy with your returns of just 1%/month, or 2%/month, or 3%/month, or 4%/month,.....what peanuts,
Put the word Elite ....back into EliteTrader -- this place is currently Grandpa, conservative, average, impotent Central,
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How that? I'm intending to do position sizeing using percentage.
Ie. say 100 positions of about equal size, to invest all of the acct.
Meaning risking only 1% with each position.
Acct is initially small, say just 5 digits.
Of course all different trades, ideally different underlyings (ie. equity options; there are enough out there).
This of course also is called diversification.
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