Traders...how did you do in 2020? I crushed it after two blown out accounts!

Rainmaker1 said:
I just wanted to get a read on 2020 trading results. I am a longtime lurker here, and fallen into and out of love with trading over two decades. I blew out two sizeable accounts, one in the Asian Contagion days of 1998 (borrowed money!!). And, another $20K account with the horrible timing of 2008. I put trading and any hopes of ever making it away for over a decade, promising my wife that I would never do it again.

But, a few years ago I got the itch again and really began to pursue it with a new passion. I have developed and honed a methodology in options and futures options that showed promise. I paper traded live and documented and journaled everything for over a year. And, finally put live money in when I sold a piece of real estate earlier this year. Well, after over 20 years of struggle, frustration, and even agony over lost money, I have FINALLY turned the corner. It has been a long and lonely journey, and I probably should have given up, but I never did. I am posting this to say, it is possible! You can do it, too! $40,000 in profits since September. I am going all the way with this and have a newfound outlook on life and what I hope to give to my family. Happy New Year!

And, thanks to the many fantastic threads and traders on ET over the years that have called out to me over the pages of this site. It helped me eventually get there...

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congrats but you shouldn’t assume this years results signify your success as a trader. This was a once in a decade type market.
 
I matched S&P gains YTD, so horrible. Could've just bought the index and pay cap. gains instead of ordinary income gains. Not to mention I was mostly NQ pre-COVID so should've just left everything alone and trusted in the party of "fiscal responsibility" to come to the rescue.
 
Had a bunch of small wins and losses for a satisfactory gains, solid traction. Had one blowout winner. MCRB at 2.80 entry for triple allocation, and friends and family for about 20K shares with a 3.5 entry. One account was for their entire IRA with an 8K balance. Still have not told him though. Another friend let his 25 options expire (no rollover) before the jump. Technically not a win in 2020 since still holding some. Funny thing is it was the only fundamentals based trades made.
 
Rainmaker1 said:
I just wanted to get a read on 2020 trading results. I am a longtime lurker here, and fallen into and out of love with trading over two decades. I blew out two sizeable accounts, one in the Asian Contagion days of 1998 (borrowed money!!). And, another $20K account with the horrible timing of 2008. I put trading and any hopes of ever making it away for over a decade, promising my wife that I would never do it again.

But, a few years ago I got the itch again and really began to pursue it with a new passion. I have developed and honed a methodology in options and futures options that showed promise. I paper traded live and documented and journaled everything for over a year. And, finally put live money in when I sold a piece of real estate earlier this year. Well, after over 20 years of struggle, frustration, and even agony over lost money, I have FINALLY turned the corner. It has been a long and lonely journey, and I probably should have given up, but I never did. I am posting this to say, it is possible! You can do it, too! $40,000 in profits since September. I am going all the way with this and have a newfound outlook on life and what I hope to give to my family. Happy New Year!

And, thanks to the many fantastic threads and traders on ET over the years that have called out to me over the pages of this site. It helped me eventually get there...

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Crushing it? Ahhhh..Pat yourself on the back, have some drinks then delete this thread. It will haunt you.
 
Nobert said:
Yes.

Now when you wash you face before the sleep and raise up the head, to look in the mirror, you see your most trustful ally in those eyes.

Doesn't get better than that.

A validation from thyself.

*******

If one sits down at the table, with people like that, who overcame odds, wouldn't that be a modern version of Knights of the round table.

Davos (?)
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Nice thought! Thank you for this, it has been literally years and years of grind...
 
smallfil said:
This has been my best year ever as a trader. Looking forward to 2021. Most of my gains from Swing Trading. Now, adding Trend Following to try and build more wealth in the process.
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Glad to hear it...keep it up.
Pronto24 said:
Crushing it? Ahhhh..Pat yourself on the back, have some drinks then delete this thread. It will haunt you.
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HA...well received. I don't think I will delete this as I am only good for a few posts every 20 years lol. But, I am not superstitious about this or my trading...I could certainly lose or the markets change on me. However, I am very confident at present that I have "locked in" on something really good. I will humbly move forward after years of blood, sweat, and tears. Best to you...
 
2020 was good, actually best year ever, when I chose to buy and hold instead of getting in and out of trades.

The irony is that I lost my job in 2020 due to COVID-19. I used my severance to purchase more stock.

As the economy returns to normal in 2021 and 2022, I expect my profits to rise even higher.
 
Rainmaker1 said:
I just wanted to get a read on 2020 trading results. I am a longtime lurker here, and fallen into and out of love with trading over two decades. I blew out two sizeable accounts, one in the Asian Contagion days of 1998 (borrowed money!!). And, another $20K account with the horrible timing of 2008. I put trading and any hopes of ever making it away for over a decade, promising my wife that I would never do it again.

But, a few years ago I got the itch again and really began to pursue it with a new passion. I have developed and honed a methodology in options and futures options that showed promise. I paper traded live and documented and journaled everything for over a year. And, finally put live money in when I sold a piece of real estate earlier this year. Well, after over 20 years of struggle, frustration, and even agony over lost money, I have FINALLY turned the corner. It has been a long and lonely journey, and I probably should have given up, but I never did. I am posting this to say, it is possible! You can do it, too! $40,000 in profits since September. I am going all the way with this and have a newfound outlook on life and what I hope to give to my family. Happy New Year!

And, thanks to the many fantastic threads and traders on ET over the years that have called out to me over the pages of this site. It helped me eventually get there...

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congrats dude.
 
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