I hate this situation

Discussion in 'Trading' started by farmerjohn1324, Mar 8, 2022.

  1. 100%... that's all?
     
    #21     Mar 8, 2022
  2. Is this sarcasm?

    What do you get?
     
    #22     Mar 8, 2022
  3. newwurldmn

    newwurldmn

    Or less eur/aud in your position.
     
    #23     Mar 8, 2022
    farmerjohn1324 likes this.
  4. Yes, sarcasm.

    I don't have any "thing that I get". I just play for what I can... that and to protect capital at all times.
     
    #24     Mar 8, 2022
    vanzandt and nooby_mcnoob like this.
  5. I don't know why I didn't think of that.
     
    #25     Mar 8, 2022
  6. newwurldmn

    newwurldmn

    If you can make money doing something else, you should be doing that thing. That’s the sign of a good trader.
     
    #26     Mar 8, 2022
  7. The day ain't over, yet. :)
     
    #27     Mar 8, 2022
    billv and farmerjohn1324 like this.
  8. The sign of a good trader is not to trade?

    The "something else" is building houses for sale.

    Trading is a lot less stress, except when I lose my whole account that is.
     
    #28     Mar 8, 2022
  9. smallfil

    smallfil

    Do not be deceived by the 50%, 80% or 90% returns because that is for short periods of time. If that is the return for one month holding period, a 50% return x 12 = 600% on an annual basis. That is pretty good, any way you slice it. To be fair, you are only risking a small amount of capital each trade so, that 50% is the gain on the amount of capital you put at risk with that trade. So, if you bought a call option for $500 and sold it after 1 month for $750, you gained $250 per contract you bought. That is your 50% profit. Of course, you will have losses too. That is why you need to keep the losses small, if possible.
     
    #29     Mar 8, 2022
  10. The sign of a good trader is (1) "make as many good trades as you can find"...of course that presumes you know what a good trade is... while (2) protecting capital at all times.
     
    Last edited: Mar 8, 2022
    #30     Mar 8, 2022
    S-Trader likes this.