my day trading method averages 5% per month 8 months now

Discussion in 'Professional Trading' started by chipmunk, Jul 9, 2012.

  1. How long have you been trading for?

    In fact...don't reply i am not interested. I've sen this 100+ times and it ends the SAME WAY EVERY TIME!

    Bye
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    Even if you are merley investing, so not even trading with any leverage,5% is nothing more than 2 days worth of typical movement in any commodity/indicies!! LOL


    I specialise in crude oil, which has a typical daily range of 4% everyday!
     
    #11     Jul 10, 2012
  2. stocks . 100% mechanical system.

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    Chip...
    What are you trading?
     
    #12     Jul 10, 2012
  3. but I'd get there much faster with a cash injection.

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    about what? performance,low stress,low draw downs,whatever or co investors? managing cash is a piece of cake..

    5% phhhey...and i'm not taking any money from anyone..and never did..cause at this rate you will be king in couple years..just like me ;)
     
    #13     Jul 10, 2012
  4. yeah i agree i was thinking more 2013 (Yikes) as oppsoed to right now. 12 months + bye then.

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    8 months might be a bit soon to get outsiders to invest, but perhaps some people you know might be interested.

    What you trade can make a difference, too, since not all instruments are equally scalable. I'm sure you know that, but you did ask for thoughts.
     
    #14     Jul 10, 2012
  5. rebuttals team of EMG is waiting.
     
    #15     Jul 10, 2012
  6. you Jackass!

    "moederatley good" at 20% per month.... How old are you? 15?

    I have been trading over 20 years...

    So you are either a vendor selling some B*S* system or some scam forex fund that promises 20%+ per month returns..Funny how no-one actually make any money from either isn't it?

    You need to grow up, gain some real experience in trading as opposed to "gambling" and learn some respect here! You have comletely shown eveyone what a newbie you are.

    So oyu must bne worth tens of milli0ons and growing by now.....? Funny that isn't it? You stil ltrollnig here and all.

    Go on get back to trading you jsut miseed another 5% move by reading this post.

    Absolutely shocking reply from a typical Internet trader (troll?)
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    f you were generating 5% per week (20% per month), and were doing that every single week, 50+ weeks per year,
    THEN you would be classed as a ''moderately skillful'' trader.

    You still wouldn't even be close to being an expert or highly skilled, but would atleast be moderately good.


    However if you are scraping by on just 5% per month you really need to go back and do ALOT more research into trying to develop and improve your stratergy that will give you a decent % return.
     
    #16     Jul 10, 2012
  7. what's that?

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    rebuttals team of EMG is waiting.
     
    #17     Jul 10, 2012
  8. who mentioned $10k? The more i read your posts the more disgust i have for you.....not once did i mention i had $10k...or even anything like it... I kind of think you are just trolling here with a reply like that. It's not from a serious market trader for sure.

    5% on $2500,000 = what ?

    5% on $3m managed money = what? (get your dada calculator out and work it out)

    But go on tell us how you make 20% a week on $50M.....JOKER!


    But you keep day dreaming kid about 20% per day trading joker forex signals from your mums beadroom.

    Geez.....it's shame there's no "stupidity" test to post on here first.

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    Spanish said


    No its not sarcasm, was completely and totally serious.
    Sorry, but 5% per month is pityful!!:mad:
     
    #18     Jul 10, 2012
  9. Sorry but day trading and percentage returns don't mix.

    Unless you are exclusively trading the most liquid ETFs, daytrading is much less scalable than other markets.

    The good thing is that there are firms that provide high levels of leverage for those who have an edge; go max out your credit cards and deposit 10k with a prop firm for 20:1 or more margin, and keep all the money for yourself.

    Spanish is right in the sense that a guy who knows what he is doing should be able to regularly achieve 500%+ ballpark returns on his actual cash deposit -- meaning, deposit 10k and make at least 50k a month, month in month out, sweeping out profits 12x a year. Sounds fabulous but trust me this stuff doesn't compound. Ignore any compounding and % stats, they really don't mean sh*t in this time frame.
     
    #19     Jul 10, 2012
  10. 7out

    7out

    I'm sure I speak for the majority of the people here, but if you could teach us how to make $50k a month (every Month) from the markets we'd each be willing to cut you a check for $25k a month.

    I don't calculate the %'s on my actual deposit since it is a pretty miniscule deposit, however if you did it by deposit I have much more than 100x margin.

    For the record, I only trade NYSE stocks.




     
    #20     Jul 11, 2012