Swing Traders: What are your monthly returns?

[Sekiyo]

One of the top reasons that traders fail is having unrealistic expectations.
Get yourself a spreadsheet and see what 20% a month or 5% a week compounds to over a year. What are your chances of accomplishing that?

What’s achievable lies within your brokerage Statements.

Simple.

Agree that unrealistic expectations lead to ruin.
Focus should be on system and implementation.

Everything else will follow.

 

[Darc]

20% per month on $50,000 only nets you $35.5 mil after 3 years unfortunately.

 

[earth_imperator]

What concerns me about your strategy is that birds of a feather flock together. Seems sometimes you can look at one chart for one stock and another chart for another stock and they look pretty much the same. My concern would be that one failure could be multiple failures because the birds flock together. But to be honest I’m not sure I understand your method exactly.

The goal is to be fully invested, since IMO money has to work.
Then the question is: how best to achieve this goal.
The answer is: by using a wise as possible diversification (ideally using as much as different underlyings),
thereby for each (spread-) position not risking any more than 1 to 2% of the acct.

Of course a negative swarm effect still can happen, but I doubt one can prevent this.
The goal is to profit from the averaging effect: some win, some lose, but on average the net win is higher....

One can improve it by playing a MM, ie. by attempting to be faster & better than the MM(s),
since it's so easy to overtake their job, at least temporarily untli one reaches own goals, ie. getting own positions filled.
Another improvement method I can imagine would be doing active trading, ie. daytrading. But in my case I'll reserve this for later.

If you can imagine a better method then let me know. TIA.

PS: I said my goal is to make 30% per month (about 1.3% per trading day), but this of course with a small account and for just a while (maybe max 2 years), as with a big account things get harder to find enough trades for it.

 

[earth_imperator]

20% per month on $50,000 only nets you $35.5 mil after 3 years unfortunately.

Why unfortunately?
All richy traders went over the same hurdles.

 

[KCalhoun]

going to buy more uvxy sqqq tza soxs (not a recommendation)

a fckload if they keep going up

 

[earth_imperator]

But 30% per month? Take that out to a Year compounded, then a few more years!!!???

Do you mean just b/c the numbers get astronomic after 2+ years, one shall not do it in the first place?
What a sicko logic!
My motto is: do it as long as it works. And it indeed works with small accounts.
Here's a an example using $10k and 12 months. Is this unrealistic to achieve?
DF means "doubling factor".

sim_acct_perf(sc=10000.00, pos_size=5.00%, PLpct_per_DT=1.3205, TD_per_month=20, add_sub_amt_per_month=0.00, months=12, fDbg=0):
TD/mo=20 PL%/TD=PL%/DT=1.320463 gross_PL%/mo=30.000000(Ann=2229.808514% DF=6.215814)
month          sc               ec               pl_tm  pl%_tm           pl_tot    pl%_tot   DF_acc  DF_pl%
  1         10000.00         13000.00          3000.00   30.00          3000.00      30.00    0.379   0.000
  2         13000.00         16900.00          3900.00   30.00          6900.00      69.00    0.757   1.202
  3         16900.00         21970.00          5070.00   30.00         11970.00     119.70    1.136   1.996
  4         21970.00         28561.00          6591.00   30.00         18561.00     185.61    1.514   2.629
  5         28561.00         37129.30          8568.30   30.00         27129.30     271.29    1.893   3.177
  6         37129.30         48268.09         11138.79   30.00         38268.09     382.68    2.271   3.673
  7         48268.09         62748.52         14480.43   30.00         52748.52     527.49    2.650   4.136
  8         62748.52         81573.07         18824.56   30.00         71573.07     715.73    3.028   4.576
  9         81573.07        106044.99         24471.92   30.00         96044.99     960.45    3.407   5.001
 10        106044.99        137858.49         31813.50   30.00        127858.49    1278.58    3.785   5.413
 11        137858.49        179216.04         41357.55   30.00        169216.04    1692.16    4.164   5.818
 12        179216.04        232980.85         53764.81   30.00        222980.85    2229.81    4.542   6.216

 

[comagnum]

This is how some of the very best traders & investors have done.
These are compounded returns - the non compounded rates are far lower.
Ex. 6.8% per month = 81.6% non-compounded or 120% compounded.

 

[TrAndy2022]

This is how some of the very best traders & investors have done.
These are compounded returns - the non compounded rates are far lower.
Ex. 6.8% per month = 81.6% non-compounded or 120% compounded.

View attachment 296033

I would take that list with some salt, because there are many more good traders, which do not see any purpose in doing marketing to attract more money from third parties. One who is really good at trading, can trade within a limited time span on his trading size limits, thus it does not make any sense to initiate a fund for outside money. Usually I would say this is big con. Only trade yourself with your own money.

 

[comagnum]

The list is for those managing funds. True - there are are some rare bird independent traders that have turned small accts into a fortune in about 10 years.

 

[taowave]

OK,your strategy and approach has legs,though your "long only" returns of 60-240 percent are Master of the Universe material,i.e Kullamagi...

You trade the cash,risk 1 percent of capital,and appear to trade super high Momo stocks that are "consolidating"... If you have the gonads to trade those type of stocks,those numbers are acheivable,however unlikely...

My beef with the "EI" is his 30% per month by selling Put Spreads..Not happening,or should I say not for long

And who doesnt like Goodfellas???

If selection and timing is right,
Then one bullish week could provides 5%

Closely watching IMRA,
If we get bullish closes on the index,
This stock can easily go to 3.50 or 5 to 1 R:R

View attachment 296030

September been tough but it’s not over yet.