Elite Trader's day trading spectrum

Discussion in 'Trading' started by rajesheck, Jan 28, 2017.

Where do I belong in the spectrum ?

  1. Part timer, Naural trader, manual trading, ROI above 5%

  2. Part timer, Naural trader, automated trading, ROI above 5%

  3. Part timer, Naural trader, manual trading, ROI below 5%

  4. Part timer, Naural trader, automated trading, ROI below 5%

  5. Part timer, Passionate trader, manual trading, ROI above 5%

  6. Part timer, Passionate trader, automated trading, ROI above 5%

  7. Part timer, Passionate trader, manual trading, ROI below 5%

  8. Part timer, Passionate trader, automated trading, ROI below 5%

  9. Full timer, Passionate trader, ROI above 5%

  10. Full timer, Passionate trader, ROI below 5%

Results are only viewable after voting.
  1. My humble point is that the reward must be proportionate to the risk taken. In any life circumstances more the risk means more the pressure and stress.

    We all know that day trading is more risky and stressful business when compared to positional trading and far more than any other traditional business.

    Honestly i feel that 5% is reasonable for such a teadious day trading business. Also a day trader's investment is limited based on the script's volume which i see as a disadvantage compared to conventional business where there is no such rigid limits.

    2% may be a good ROI for a scalable business. Day trading is not a scalable one, particularly manual trading. Automated trading may not be as efficient as manual trading.
     
    Last edited: Jan 28, 2017
    #11     Jan 28, 2017
  2. Only 10 options allowed so i packed more important things into it, considering that a full time natural trader will be successful.

    If a person drives a car or swims or other kind of things comfortably without formal training it can be seen as natural ability.
     
    #12     Jan 28, 2017
  3. Overnight

    Overnight

    No, you "packed" a shitty poll into ET without understanding what good polling is. If you KNEW you had a 10 option limit in a poll and needed to break it down by full-time and part-time, or passionate and regular or whatever, than you should have separated those bits into 5 options each!

    You are not a good pollster. Sorry, but that is just my opine. I realize my opine counts for nothing. So continue on with your bits.
     
    #13     Jan 28, 2017
    Xela likes this.

  4. Full time day trader means mostly manual trader only i guess. So that way this poll is complete (considering that full time natural trader's ROI is above 5%). :)
     
    Last edited: Jan 28, 2017
    #14     Jan 28, 2017
  5. Mtrader

    Mtrader

    ROI >5%.
    Is that per year, per month,per week or per day?
    5% a year is a joke.
     
    #15     Jan 30, 2017
  6. Per month. :)
     
    #16     Jan 30, 2017
  7. Mtrader

    Mtrader

    It is not mentioned anywhere in your poll.
     
    #17     Jan 30, 2017

  8. Sorry for the inconvenience, it is mentioned implicitly. :)
     
    #18     Jan 30, 2017
  9. Thanks for all who voted. :)
     
    #19     Feb 1, 2017
  10. Good to know that 78% of those day traders who voted seem to hit the 5% mark every month. :)

    Now, can we assume that an options day trader's ROI is double (or more) than other day traders ?

    Say options day traders may earn more than 10% per month on investment.

    (Remember that non stop compounding and multiplying of investment into filthy richness is absolutely not possible in options as the turnover there is very thin, and so will be the investment.)
     
    Last edited: Feb 1, 2017
    #20     Feb 1, 2017