Realistic weekly or monthly returns of a top pro trader

Discussion in 'Strategy Building' started by seekingbuddha, May 5, 2012.

  1. #21     May 8, 2012
  2. They had someone up 2200% last week, then went down to 570%, and two days later they weren't up there.

    No one should need daytrading margins that low to make a good return.

    Kevin Schmit doesn't have $20 to find out how well I've done as an advisor for them.
     
    #22     May 8, 2012
  3. also trading is different in that you can't leverage skill because of time constraints. For example a higher degree instead of doing 4 hours study a day you can leverage it to 8 hours and get better results. With trading you have 100% capital, you have an edge(s), you trade the edge(s) with your capital, then all you do is wait for the setups. you can't leverage time like you can do with other endeavours i.e. spending more time on trading doesn't guarantee more success. the only thing that guarantees more success is more capital which is the only form of leverage available. That's why hedge funds are so successfull (for the guys at the top), they leverage money as they realize leverage time is not possible.
     
    #23     May 8, 2012
  4. That is because I have sent all my money to Prof Logic for his Price Physics system!

    Post a screen shot, so the rest of us can see your advisor performance.
     
    #24     May 8, 2012
  5. dom993

    dom993

    I was lucky enough in a prior career to have a coach for a couple years (she was doing about 1/2 sports coaching, 1/2 business coaching, and on the sports side she had been coaching at least one very famous tennis champion). One of the key things I learned from her was to stop comparing myself to others, and focus my performance comparisons on myself (present perf. vs past perf. & target perf., performance improvement plans, etc.).

    Knowing what the top traders make won't help you the least.

    It is not what is possible for others that matter, but purely & simply what is possible for you to achieve. And this, you won't know unless you give it the best of yourself - for many years.
     
    #25     May 8, 2012
  6. Not the time or place. (I don't feel like being banned today).

    You can find it on the sites I mentioned, and plenty of other places.

    No, it isn't just Covestor. There's a CTA component.
     
    #26     May 8, 2012