How do you rank as a trader?

Discussion in 'Trading' started by Palindrome, Aug 13, 2017.

  1. Palindrome

    Palindrome

    Love the attitude Lawrence, that is exactly how you have to think. Target 500% per year.
     
    #11     Aug 13, 2017
  2. DeltaRisk

    DeltaRisk

    Anything above S&P alpha makes you one of the best in the world.

    Most(above 50%) money managers hit or fall below that number.

    If you can do that consistently, you need to form a company and try your hardest to raise capital. It isn't easy.
     
    #12     Aug 13, 2017
  3. algofy

    algofy

    All elite traders are top 5%
     
    #13     Aug 13, 2017
  4. Not saying you do not understand the exponential function, but this is a legendary lecture that may interested some.

     
    #14     Aug 13, 2017
    tommcginnis likes this.
  5. Rank as a trader?

    I'm very rank! :D
     
    #15     Aug 13, 2017
    tommcginnis likes this.
  6. Humpy

    Humpy

    Generally it s a given in this industry that about 95% fail and lose money consistently.
     
    #16     Aug 13, 2017
  7. Beat the S&P 500 index by 20% every year for 10 years, and you will be on the cover of the Time magazine.
     
    #17     Aug 13, 2017
  8. Overnight

    Overnight

    I am profitable so far. But because I do not have extreme confidence in myself as a trader, I am right at the bottom of the "ranks" in my own mind. Traders can earn hundreds-of-percentage-point returns, year-after-year. But if they have a few bad years, it could change their "rank".

    So to answer the question in your thread title with another question...What does it really matter how someone "ranks"?
     
    #18     Aug 13, 2017
  9. Visaria

    Visaria

    Your opinion shows you have a lot more work and thinking to be done...maybe learning how to use a calculator and perhaps a basic course in maths.
     
    #19     Aug 13, 2017
    Overnight likes this.
  10. Overnight

    Overnight


    Visaria must be a Brit. "Maths". I love it. :)
     
    #20     Aug 13, 2017
    Visaria likes this.