who is making less than 20% a week roi in this great market

Clubber Lang · Jul 29, 2008

Stock777 is a papertrader (and not a very good one either). Take this disaster from yesterday, a quick 14% loss in less than 24 hours.

http://elitetrader.com/vb/showthread.php?s=&threadid=132781&perpage=6&pagenumber=1

donnap · Jul 29, 2008

I only make 19 % per week :mad:

mokwit · Jul 29, 2008

Quote from RiceRocket:

Actually the chop has made it little more difficult the last 2 weeks.

Thats coz you are trading a real account. Switch to sim mode where you can reset back to $100,000 play dollars and you too can achieve these fabulous results.

shortie · Jul 29, 2008

with 20X buying power, it is only 1% ROI per buying power per week. OP probably forgot to tell everyone that he uses 20X margin.

Wayne Gibbous · Jul 29, 2008

I am only averaging about 17% ROA per month this year (uncompounded).

Guess I have to pick it up a little to keep up with youse guyz...

stock777 · Jul 29, 2008

Quote from Wayne Gibbous:

I am only averaging about 17% ROA per month this year (uncompounded).

Guess I have to pick it up a little to keep up with youse guyz...

Is that the A account ($1000.00)

or the B account ($2500.00)

womblevader · Jul 30, 2008

My 2c

Man you guys are great, I'm up a pitiful 20% since April, but I know a few traders who are way down or have been wiped out.

I only know 1 guy who has made good money this year and even hes been flat for him over the past 2 months.

I have only been daytrading for 2 years so still have a lot to learn.

I try to target 1% per day, but my new scaling system is letting me down, I only scale if thetrade goes against me intially but the only ones that have gonee against me have continued that way.

So I've had lots of small wins and the occasional bigger loss....

kickboxers · Jul 30, 2008

one trade make $100,000 with $40 commission and spent on 5 minutes on the trade.

do you know how many trades and cost of commission it's cost to make $100,000 and time spent if your daytrading and making only $400/day

250 days which is a years work of daily grinding!!!

Quote from womblevader:

My 2c

Man you guys are great, I'm up a pitiful 20% since April, but I know a few traders who are way down or have been wiped out.

I only know 1 guy who has made good money this year and even hes been flat for him over the past 2 months.

I have only been daytrading for 2 years so still have a lot to learn.

I try to target 1% per day, but my new scaling system is letting me down, I only scale if thetrade goes against me intially but the only ones that have gonee against me have continued that way.

So I've had lots of small wins and the occasional bigger loss....

TraderZones · Jul 30, 2008

Quote from stock777:

I'm sure most of you are making more, just wondering if there are any stragglers.

You. Probably by about 21% a week.

dsq · Jul 30, 2008

Quote from stock777:

I'm sure most of you are making more, just wondering if there are any stragglers.

ANOTHER IDIOT I HAVE TO ADD TO THE IGNORE LIST.ACTUALLY THIS IDIOT IS PROLLY STOCKTRAD3R...