I'd like to take the pulse of ET traders to see where their experience has actually led them. Taking into consideration ALL of my losses, since I began trading I am sitting on a small or insignificant loss. Taking into consideration ALL of my losses, since I began trading I am sitting on a significant or hefty loss. Taking into consideration ALL of my losses, since I began trading I am sitting on a small or tidy profit. Taking into consideration ALL of my losses, since I began trading I am sitting on a substantial or hefty profit. Please state you reasons why you trade? Are you hopeful and improving? Or are there other reasons?
Yeah, I am profitable. But who is going to believe it? I have been a member of ET for over five years and have over 500 posts.
Just reading how the OP formulated the question, you can see that he has a tendancy to focus on gains and negate his losses...Yeah we have to have to take losses into account to know if we are profitable, that's pretty much incredible...LOL.
<i>Thanks to those who have voted and/or replied.</i> Taking into consideration ALL of my losses, since I began trading I am sitting on a small or insignificant loss. 9 29.03% Taking into consideration ALL of my losses, since I began trading I am sitting on a significant or hefty loss. 7 22.58% Taking into consideration ALL of my losses, since I began trading I am sitting on a small or tidy profit. 6 19.35% Taking into consideration ALL of my losses, since I began trading I am sitting on a substantial or hefty profit. 9 29.03% Total: 31 votes 100% Again, this seems to support a nice blend of burgeoning "Elite" traders. Personally I am sitting on relatively small losses (less than 10k) as I have only risked a small amount in these developmental stages as a trader. I am now comfortable to not only risk a small amount that will grow into a significant amount that can and will be grown into a substantial amount - without risk of severe loss. Time on the other hand during the second 5 years of my personal growth plan as a trader was and opportunity lost wrt developing relationships andf spending/consuming the sacrificed (would be) corporate paycheck upwards of about $500,000.
<i>Thanks to those who have voted and/or replied.</i> Taking into consideration ALL of my losses, since I began trading I am sitting on a small or insignificant loss. 9 29.03% Taking into consideration ALL of my losses, since I began trading I am sitting on a significant or hefty loss. 7 22.58% Taking into consideration ALL of my losses, since I began trading I am sitting on a small or tidy profit. 6 19.35% Taking into consideration ALL of my losses, since I began trading I am sitting on a substantial or hefty profit. 9 29.03% Total: 31 votes 100% Again, this seems to support a nice blend of burgeoning "Elite" traders. Personally I am sitting on relatively small losses (less than 10k) as I have only risked a small amount in these developmental stages as a trader. I am now comfortable to not only risk a small amount that <i>will</i> grow into a significant amount that can and <i>will</i> be grown into a substantial amount (without risk of severe loss). Time on the other hand - during the second 5 years of my personal growth plan as a trader - was an opportunity lost (wrt developing relationships and otherwise taking free time) along with the sacrificed (would be) spending and consuming the corporate paycheck - upwards of about $500,000!
I started two years ago with $10k, did ok and got up to about $20k, misjudged what would happen when the recession fears hit the stock market and dropped to $9k, completely changed my strategy, and now I'm fairly profitable, having gone from $15k 8 months ago to $41k now. Percentage wise I am very satisfied with my performance, and hopefully I can keep it up as I learn more about trading. Style of trade: Swing