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traderslair

Registered: May 2011
Posts: 362

12-03-12 12:05 PM

Hahahahahaha

Do you buy Ferraris and Yachts with % or with $ ?

I just love Elitetrader. Always a good laugh on a monday morning.

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Option_Attack

Registered: Sep 2002
Posts: 382

12-03-12 02:03 PM

Quote from marketsurfer:

Either they are wealthy anyway, have other income or live like hermits -- but sure, they exist.

I do need content, any ideas??

Why don't you interview this guy? It would be interesting to see how his trading has changed over the years: http://www.amazon.com/Trade-Living-...g/dp/0471355143

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007Arb

Registered: Feb 2004
Posts: 140

12-04-12 02:23 AM

Quote from Option_Attack:

Why don't you interview this guy? It would be interesting to see how his trading has changed over the years: http://www.amazon.com/Trade-Living-...g/dp/0471355143

http://www.elitetrader.com/vb/showt...338#post3690338

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Traveler

Registered: Apr 2003
Posts: 774

12-04-12 02:44 AM

I'm going to use simple math on this. 140% total return is roughly 35% annually. If I'm reading that chart right your worst monthly drawdown is 40%.

I'd say the price of admission to being a great trader is having CAGR/Drawdown being well over 1. You're not really there yet, but you're definitely beating the hell out of the SP500. What kind of leverage and how many trades to get those results? What's your Sharpe?

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