That “One Trade”…that changed your Life F-o-r-e-v-e-r

[Redneck]

I ask the % return because...just giving a dollar amount return is kind of meaningless.
Initially saying you made $7,500 day-trading sounds awesome...but if your account is for example 300K...then that becomes nothing to gawk about...that's a normal/small deviation.

I'm just interested in seeing the overall/complete big picture of things. in the interest of full disclosure.

The above example reflects a 2.5% return per day

Comes out to be ~ $1.8M per year... off $300K (249 trading days this year - w/o factoring in vacation / sick / personal days)

And obviously not factoring in several other things


Many would kill for that

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I'll neither confirm / deny if the above good or bad..., nor based on your response..., share what my specific % per day is

RN

 

[Redneck]

Was indeed a smart question.

Even a blind squirrel stumbles across an acorn occasionally

RN

 

[justrading]

The above example reflects a 2.5% return per day

Comes out to be ~ $1.8M per year... off $300K (249 trading days this year - w/o factoring in vacation / sick / personal days)

And obviously not factoring in several other things


Many would kill for that

=====================

RN

If the devil came to earth and told Surf he could average that over the next ten years, he would sell his soul in return. His only request would be for the devil to explain how TA can work and day traders succeed, 2 things he cannot conceive.

 

[i am nobody]

Even a blind squirrel stumbles across an acorn occasionally

RN

So return is (maybe, because we don't know if you really perform on average every day like that) somewhere between 0.0001% and infinite. Pity we cannot judge your performance correctly, but I understand you.
In forex you can tell how many pips you do, in ES you can tell how many points you do, all this without making your portfolio public. For stocks it is more difficult.

 

[Redneck]

If the devil came to earth and told Surf he could average that over the next ten years, he would sell his soul in return. His only request would be for the devil to explain how TA can work and day traders succeed, 2 things he cannot conceive.

Amen JT..., Amen

RN

 

[VPhantom]

In forex you can tell how many pips you do, in ES you can tell how many points you do, all this without making your portfolio public. For stocks it is more difficult.

Percentage of price. I somehow don't see the difficulty.

 

[Redneck]

So return is (maybe, because we don't know if you really perform on average every day like that) somewhere between 0.0001% and infinite. Pity we cannot judge your performance correctly, but I understand you.
In forex you can tell how many pips you do, in ES you can tell how many points you do, all this without making your portfolio public. For stocks it is more difficult.

Pity for y'all..., not me

I trade solely for myself..., and my family..., so until you..., or any one else - is willing to share my losses - it no concern to me what anyone thinks of my performance

And no..., don't bother asking - I need nothing / am seeking nothing - from anyone

When I needed help - no one would..., now I don't - to hell with that noise


btw; traders don't judge - they trade


an additional btw; obviously you glossed over this portion of my initial response to LL

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In the meantime suffice to say each PnL represents; a %..., > 1%...., < 10%..., and no where near 3X the daily range - per day - of my net trading capital (net meaning less the 4X buying power available to day trade stocks)

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eta - I love the passive aggressive tone to your post - please consider the tone of my response to you; matter of fact - I don't give a shit



RN

 

[i am nobody]

Percentage of price. I somehow don't see the difficulty.

Difficult because he will trade probably several stocks or other things. So his daily profit is a mix of a few different positions I think.

 

[i am nobody]

eta - I love the passive aggressive tone to your post - please consider the tone of my response to you; matter of fact - I don't give a shit



RN

I understand you like I already told before. If you see passive aggression, you see something that in reality is not there. I have and see no reason to be agressive. Maybe you stumbled across an acorn that was not there?

 

[VPhantom]

Difficult because he will trade probably several stocks or other things. So his daily profit is a mix of a few different positions I think.

Good point, though the sum of each percentage would still work fine for comparison purposes. That gives a good unleveraged comparison, across all asset classes. (i.e. 10 points on the NQ is 0.23%, thus equivalent to 0.29 in AAPL or 23 pips (approx.) in Forex)

If you see passive aggression, you see something that in reality is not there.

Heh, that's what I hate about text communication: tone is often wildly different between intention and perception. Add the fact that a lot of us are not English native... :eek: