In what time period are you usually profitable ?

Discussion in 'Trading' started by TrAndy2022, Oct 10, 2022.

In what time period are you usually profitable ?

  1. every hour

    11.8%
  2. every day

    11.8%
  3. every week

    17.6%
  4. every two weeks

    0 vote(s)
    0.0%
  5. every month

    17.6%
  6. every quarter

    0 vote(s)
    0.0%
  7. every half year

    0 vote(s)
    0.0%
  8. every year

    11.8%
  9. eyery 3 years

    11.8%
  10. every decade

    17.6%
  1. Handle123

    Handle123

    If I posted returns of some of my systems, 99.9% of humans would say am FOS, many do anyway.

    You work hard enough, learn to program, ask others of questions and even hire brilliant people, never quit,...never. When people say it can't be done, find a way to overcome. Keep your privacy, live and humble, but if you not trying to make ever dollar you can when playing, there is always Buy and Hold.
     
    #11     Oct 11, 2022
    MarkBrown likes this.
  2. Back in my day of "15 minutes of fame" (41% compounded return for 18 years... enhanced by my "hot years"... of 75%/year for 5 years... one time I went 7 months without a losing trade... I recall a client calling me up and celebrating, "we haven't had a losing trade all year". I thought, "you jinxed us"... next trade was a loser. LOL.), I often heard.. "that's impossible".

    Since, I've run across a few who have done even better... could see myself being envious.

    Bottom Line.... "It's Doable"! Not for everybody, but for those who make the effort and eventually "figure it out".
     
    Last edited: Oct 11, 2022
    #12     Oct 11, 2022
    TrAndy2022 likes this.
  3. TrAndy2022

    TrAndy2022

    What did you trade ? Stocks or something else ? Daytrading or also Swing Trading ? Could you also say something about your overall trading style in those time span please ?
     
    #13     Oct 11, 2022
  4. Mutual fund timing, including Relative Strength sector rotation... all done with "Price TA". Swing trade objective.

    The best year in my mind (not the highest return year) was when I was "in the market" only 25% of the market days and scored 104% gain. (Seemed outrageous at the time... still does.)
     
    #14     Oct 11, 2022
    TrAndy2022 likes this.
  5. TrAndy2022

    TrAndy2022

    What kind of leverage did you use ? You were long only or also short (with equal dollar weight ?) ?
     
    #15     Oct 11, 2022
  6. Sounds crazy, but back then there were few if any leveraged funds... if there were, I didn't use any of them. And there were no inverse/short funds. I was "long only". 100% "in or out", all the time.
     
    #16     Oct 11, 2022
    murray t turtle and TrAndy2022 like this.
  7. TrAndy2022

    TrAndy2022

    I mean with using Portfolio Margin 3:1 or 4:1 leverage you already would be a billionaire or ?
     
    #17     Oct 11, 2022
  8. Yeah, no margin, no leverage... nothing like that. I started my investing career with $25/month bank draft into Templeton Growth Fund. (I still recall filling out the account application... and thinking, "I hope this works out". LOL!)

    The software I was recording all this upon went "out of range". I called them up and asked they edit the program so that I would be "in range". They went, "What? Never heard of such a thing". LOL!

    Speaking of leverage... I've leveraged up my capital to 2:1 only a few times for short periods. Never higher than that. 'Twas after I started trading futures. May make a bigger play if there is a big enough smashola in '23-'24.
     
    Last edited: Oct 11, 2022
    #18     Oct 11, 2022
    TrAndy2022 likes this.
  9. TrAndy2022

    TrAndy2022

    Understand, no leverage means also no stress (or far less) as you chase for the returns by not fearing the ultimate drawdown that can wipe you out. So you could sleep well all the time I guess ?.
     
    #19     Oct 11, 2022
  10. Leverage is more stressful these days. I often see an issue or an ETF down 10% or so in one day... sometimes > 20%. Seems reckless to risk 10% of a lifetime accumulation on one day's action... and of course the next day could be more of the same.
     
    #20     Oct 11, 2022