Your profit for 2006

[bl82]

Looks like, after today, I will be down to double digit gains, after a great start to the year.

In addition to some risk management issues I need to address, I suspect I need to spend more time on the sidelines waiting for stronger signals...

 

[andread]

Quote from hilojack:

The difference is, with prop leverage, there is no "real" accurate way to determine ones rate of return. For example, a prop trader may initially deposit a mere $5K to receive anywhere from 100-500K buying power. If a trader with 5K of his own money in his account with BP of 500K earns 100K in a year, is his return 20% based on his BP, or 2000% based on his initial deposit?

I understand. I think I would consider the BP, to take the different leverages in account. In that way a trader with 5k in the account and 500k BP is not necessarily better than a trader with 5k and 100k BP.
Oh well, thanks for the info

 

[eagle]

Or it can be calculated from your previous year profit with the current year profit. For example, if your last year profit was 100K and this year profit is 400K then you make 300% gain. Nice job Steve.

Quote from Steve Tvardek:

Yes, this is what I was getting at.

 

[Steve Tvardek]

I would have to have an awfully good fall/early winter to make 400K this year .

Quote from eagle:

Or it can be calculated from your previous year profit with the current year profit. For example, if your last year profit was 100K and this year profit is 400K then you make 300% gain. Nice job Steve.

 

[JMowery1987]

If i started with $100 and now have made $400...........


yeah, this poll is stupid & useless.

Therefore have chosen the last option.