Most people fail as traders because most people suck and fail at everything. Where do you find yourself in life in general? If you have a good attitude where you dont accept failure and always find a way to make things work...
don't know what investment account is...i count my money when PnL is realized..EOD to be precise..when it's not-no difference between paper and "investment"
Just the account with real money in it. If you are saying did I make money on the paper trade, yes. As I mentioned before last week was $8K on $100K capital going both long and short.
That easy huh. And when those strats blow up, and your 25 or 50 k evaporates in a nanosecond , do they give you a goodbye party?
Indeed , I had your journal in mind, which introduction I read a couple of days ago . The ROI you are achieving is so much above what most mutual and hedge funds advertise, if properly documented it should be possible to manage your own fund with profits well above the 6 digits. How many investors would jump in if you can prove them you can more than double your investment every year ? But I'm not familiar with prop firms nor know how much leverage you use and how it translates to your ROI, and I understand that you would need to share a bigger portion of your profits with outside investors than with a prop firm, but if you are succesful and your system also works when larger sums are involved, there is probably some sense in looking for further investment.
Yeah...I was thinking the same thing...8 - 10k living expenses. That's a very expensive lifestyle for a retail trader. Time to take the kids out of private school and send them to the local public school. Also, stop leasing that porche because Ford and Chrysler have some decent cars at reasonable prices now. Mark