Average daily profit with $50K account?

Discussion in 'Trading' started by fcg007, Feb 21, 2010.

  1. inves200

    inves200 ET Sponsor

    #151     Feb 24, 2010
  2. No, unless you're willing to be patient and accept a very spikey return stream.
     
    #152     Feb 24, 2010
  3. Do you think that one day's return has anything to do with an average return?
     
    #153     Feb 24, 2010
  4. your audited return? Profit Factor? Sharpe? Average per-unit profit after all trading expenses (commission, slippage, bid/ask spread, fees, etc.)?

    Usually these kinds of services use a lot of sleight of hand, and the average trader will not make anything like the results claimed...
     
    #154     Feb 24, 2010
  5. inves200

    inves200 ET Sponsor

    The numbers ($305.00) are all net / net numbers cash in the account after the trade is closed. All commissions, slippage, etc are all taken into account.

    Slight of hand? Video posted an hour or so after the trade doesn't lend its self to making it all up. Besides, we show brokerage statements ... in a few days (end of month) they will be here to back up the video.

    I KNOW what ya mean about the games that get played in quoting track records. I'm doing everything I know how to do be transparent. How else is a vender suposed to prove up a track record beyond trade journals, brokerage statements and video??

    I dunno what else to do to show you all what I saw when I first came in here to see newbies trading better here than anywhere else I had ever seen.
     
    #155     Feb 24, 2010
  6. timertrac.com, futurestruth.com, collective2.com, theta research, Attain Capital (broker that tracks systems), strategyrunner.com, Striker securities (tracks systems), Robbins World cup Trading,

    just a few places that come to mind...

    Frankly, every advisory that does it is not independently audited, for both statistics (sharpe, profit factor, drawdown analysis) as well as performance, is not worth anything.
     
    #156     Feb 25, 2010
  7. rcj

    rcj

    Yep...kinda like this...
    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2744894>
     
    #157     Feb 25, 2010
  8. Your links don't work because you copied and pasted the text rather than copying the link.

    They contain "..." in the middle of them from where the text portion was abbreviated when someone posted them.
     
    #158     Feb 25, 2010
  9. What's the deal with that financevisor forum? It is like a mirror of ET with different dates and handles changed? I found some of my old posts from 2007 re-posted in 2010 under a different name?
     
    #159     Feb 25, 2010
  10. inves200

    inves200 ET Sponsor

    I've tried to link our platform with collective2.com ... no suck luck.

    Ya know scalping is NOT conducive to TRADING in real life AND manually entering orders in collective2. Sorry, trading in real life is demanding enough. I'll gladly see if the other methods you mention can be automated (i.e. track by plugging into our platform so no separate order entry is needed). If yes, we'll gladly see what the costs are!
     
    #160     Feb 25, 2010