Trading Profits

[Utah]

This poll is designed to get a feel for how much $ traders make per year. Thanks for participating!

 

[Overnight]

This poll is designed to get a feel for how much $ traders make per year. Thanks for participating!

Poorly-worded poll. That is why I voted zero. You can make +50,000K one year, -100,000K next year, and +50,000 the next. Net zero after 3 years.

 

[Utah]

Poorly-worded poll. That is why I voted zero. You can make +50,000K one year, -100,000K next year, and +50,000 the next. Net zero after 3 years.

Hi Overnight, thanks for the reply. I was hoping just to find out how much someone's best year was. I understand that $ can fluctuate greatly.

 

[Overnight]

Hi Overnight, thanks for the reply. I was hoping just to find out how much someone's best year was. I understand that $ can fluctuate greatly.

Well, my best year was right at $50,000 at beginning of 2018. I proceeded to mess it up, and I am still trying to recover the loss. It has been difficult.

 

[Utah]

Well, my best year was right at $50,000 at beginning of 2018. I proceeded to mess it up, and I am still trying to recover the loss. It has been difficult.

Dang, sorry to hear, man. What do you think happened? Did you change up anything? What instrument(s) are you trading?

 

[Overnight]

Dang, sorry to hear, man. What do you think happened? Did you change up anything? What instrument(s) are you trading?

Market behavior changed, and I did not keep to my plan. Don't worry about me, I'm a one-off weirdo. You should speak to the more successful traders here, who know how to properly hedge. Look in the options forum.

 

[comagnum]

A trader taking wild risks can have a big year or two, problem is they go bust inside of 5 years from betting the farm on their trades.

A better metric is a 5 year cume ROR with worst draw down. Being sustainable is far more important than a single year of profits.

 

[guru]

It depends on how much capital you start with, and what do you trade.
Hedge funds can make 5% to 50% (talking only about great years for them, as they can lose too). Traders also can make 5%-50%, but there are cases when some made 1000%, especially in penny stocks or bitcoin.

 

[tomorton]

I'm not responding to the poll. Whatever I vote for, it can't help you: whatever you might reply, that won't help me: whatever the majority vote for, that can't help anyone.

I might be tempted to vote in a % gains poll, but probably not.

 

[SimpleMeLike]

Hello Michaelhepworth,

I have been learning trading part time and trading for about 4 years, and have made $0.00. Overall I'm down -$7000 and many many many many hours invested.