Start of year to current date...... are you profitable?

Discussion in 'Professional Trading' started by JMowery1987, May 18, 2006.

Are you profitable and how much?

  1. Not profitable

    43 vote(s)
    35.2%
  2. Yes, Profitable and have made under $1000

    3 vote(s)
    2.5%
  3. Yes, Profitable and have made $1000 to $5000!

    14 vote(s)
    11.5%
  4. Yes, Profitable and have made $5,000 - $25,000

    15 vote(s)
    12.3%
  5. Yes, Profitable and have made over $25,000 so far!

    47 vote(s)
    38.5%
  1. I made over $25,000 in the month of May. $13,000 came in two trading days. That's not a daily average, just a good couple of days shorting. I gave some back, but I finished the month up just a bit under $29,000 Gross (after fees). Close to 9%. At the end of two quarters, I'm up over 30% not including June's performance.

    I agree though, I'm a small fry compared to a LOT of the guys trading on ET. Maybe $1-$1,000; $1,001-$10,000; $10,001-$25,000; $25,001-$50,000; $50,001-$100,000,000,000 would better suit the ET polls. Keep it more realistic. Percentages are fine, but a LOT of traders on ET apparently have unlimited BP at their Prop Firms so Percentages don't work for them...
     
    #11     Jun 2, 2006
  2. Hehe, I didn't believe the polls would trigger the "big dogs" replies :p

    I don't believe I'm mentally ready to increase my size to handle positions that are thousands of shares yet.



    Good to know a lot of ET'ers are brining in more than 25k though, I just wasn't expecting the polls to reflect many of the bigger traders.



    If I remember, at the end of the year I'll do another poll. It will better reflect the possible different incomes. :)


    Exactly, that is why I find precentages useless. We'd have to know how much money they were using. When I'm ready to move to thousands of shares per traes, then I will have the BP available because I'm slowly working my way up.

    I only leave 1k in my account and sweep anything above, so keeping track is kind of a pain.

    That is why I posted just pure dollar amount, because it's more realistic. If you are trading with 10 million, and are happy to make 50k a year, and make a horrible % return, it doesn't matter as long as they make what they aimed for.

    Then again, I'm not yet completely money hungry, and am still taking slow to learn. Consistency is key.
     
    #12     Jun 2, 2006
  3. update.....hoping that i can break 500k by the end of the yr, only thing i'm lacking is the hunger to excel that i had at the beginning of the yr, hopefully it will start to comeback soon :)

    <img src="http://img140.imageshack.us/img140/5247/dia001nc6.jpg">
     
    #13     Sep 21, 2006