I'm up 21% this month. Doesn't mean very much because I'm trading a small account (all my trades are documented in a journal btw http://www.elitetrader.com/vb/showthread.php?s=&threadid=24931&perpage=6&pagenumber=16). No point in boasting without telling us how much you're swinging.
Number of transactions: 85 (so far). I trade stocks out of DOW, NAZ 100 and DAX and options on these stocks. No small cap things. Account was leveraged, always numerous positions, but overall account was long/short neutral. What is your average win if you write an option and it expires?? What is your average win if you make 100% with an option as a buyer and the next expires worthless?? IMHO it would be much more difficult to work with 10k than with 100k due to transaction costs. But anyway I don't give any amount. BTW, I don't know what"plethora" means.
You may have thought you were fully hedged but to get those sort of returns I would doubt it. Give us an example of any/all the trades that you had on at any one time.
I don't count precentages, I count dollars! You can't pay precetages to VISA or MC? or can you? TM Trader
Sure you can. You can pay them a percentage of what you owe them. You'd need to, even if you were up 46%, if 46% of the total trading account value was too small to pay your bills with.
Actually, you can. (As long as it AMOUNTS to a certain number of dollars.) edit: Sorry gms.....didn't look at your post.