Trader P/L 2013

Had a couple things going and then things fizzled. This is from yesterday.

-2 net

I will be taking the next few days to a week off as I study for my Series 56 and transition into a new account.
 

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Quote from njrookie1:

I will be happy with 1K on a million a day consistently too.

1K a day keeps your boss away.
More...

Almost on one can be positive everyday. That is not what "consistent" means. All traders have draw-downs, even several days in a row.

To be consistent, you need to show that you stick with your plan (money management) and control your position, loss limit. And make positive profit on a monthly basis. Even a small monthly loss is acceptable.

To the end, you wants to show that you achieve the goals you set at the beginning of the period and beat the benchmarks year over year.
 
i am zero today....but.....



thumbs up for this.....

Quote from RedSun:

Almost on one can be positive everyday. That is not what "consistent" means. All traders have draw-downs, even several days in a row.

To be consistent, you need to show that you stick with your plan (money management) and control your position, loss limit. And make positive profit on a monthly basis. Even a small monthly loss is acceptable.

To the end, you wants to show that you achieve the goals you set at the beginning of the period and beat the benchmarks year over year.
More...
 
When you make performance presentation for investors, you just show them your monthly returns, largest draw-downs, % of winners and losers, etc....

They want to know your summary profit and the risk you take..
 
Quote from RedSun:

When you make performance presentation for investors, you just show them your monthly returns, largest draw-downs, % of winners and losers, etc....

They want to know your summary profit and the risk you take..
More...

1. You firstly replied to a reply by njrookie1 that was about a completely different topic, it was about the returns posted here and whether to consider absolute or percentage returns.
2. What you say is common knowledge. This thread isn't about that, it's about currency returns as the posters here don't trade for funds.
 
+5k with a $11k account. One of the good days. Gains are from CL and some NQ futures.



Hope I can get more days like this :p

Will take some $ out and keep it to $10k size.
 
Would be happy to see what products you folks trade and the size of the account. $/% of return.

+$100 does not mean anything.
 
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