Thats all you have for me? That I am paper trading? :/ I was expecting something better Although I must be one of the best paper traders around who can post real time trades and be profitable on almost every single one of them. Please feel free to browse my lovely new thread in the journal section Stock Swing Traders for more paper trading magic. LoseR! hahahahahaha
I may not be abe to spl but "their" ? Spelling misfit here is correcting spelling when his 2nd grade grammar mistakes have not been resolved. hahahahahahahaha
Good months 90% profitable days Average months 75% profitable days Bad months 60% profitable days Consistency is key to success.
Thanks guys, it seems often the case in trading, there are a lot of ways to make money in the markets. I am working on a system and it looks like I need to - Look at performance week by week, it is pretty good - Work on diversifying with other strategies / products / timeframes
Both GM downtrends ; & BR uptrends sector have a different hit rate % swing trades, so tend to trade/invest them accordingly. Sideways slop trends are least favorite.
The reality is that sitting through drawdowns can be extremely hard. Individually, some of my systems have max drawdown that can last as long as a 1 1/2 years to get out of; other have max drawdown duration of about 30 days. The only way to stay with it is to trade multiple time frames and strategies, and "hope" that the statistics works out. Even after all of that, I generally have 2 to 3 really good months a year with the rest being small up and down.