Year to date, up 30% with 4:1 leverage. Minimum monthly ROI at 2% with no more than 3-5% total drawdown. Down months are always a possibility but generally unexpected.
Actually, I cannot relate to this at all. http://www.elitetrader.com/vb/showthread.php?s=&threadid=134171
Hey MA You ask such a wonderfully probing question..., then subsequently followed it with commentary reflecting how close to the brink of discovery you are..., to half of that which makes a complete trader Sweet =============== I can answer you in a few summarizing sentences..., and remain pretty much within the OP's topic..., or lay it out To lay it out would deviate from the OP's topic in some aspects..., so I would request his / her's permission to do so Or I can PM Ya ====================== Aside (and not really germane to your post MA) I see some here are incredulous that a day trader is able to make money nearly every day Yet those same folks cannot plausibly explain why it not possible Keep on thinking that way - please ============= The key to making consistent money.., is knowing you will lose some..., and being always at peace with that RN
So that's 6 months, try doing that year after year like southall mentioned. Most profitable traders can have a 6 month streak, none of them can have a decade long streak.
Excellent feedback to my original post. I greatly appreciate it. I'm having a breakthrough year in trading, just trying to work out the kinks.
It's sort of like whether you are watching two featherweight fighters go toe to toe or two heavyweights. Most people want to see two heavyweights, and that's where the money is. There's always a chance you'll see something really big fall hard.
Been active for 3+ years. I've had my struggles in the past, but as long as capacity allows, I don't see much change in performance using my techniques.
There are definitely retail day traders out there making money, month after month, year after year eg Navinder Singh Sarao....
Do you have anyone in your family, grandparents, uncles, father, mother, cousins who are risk takers? Card players, speculators, small business owners, anything else that requires putting their livelihood on the line or just like to engage in games of chance? How do you view money? Is the money you are risking important to you or is it just like a chip in a poker game? Do you believe you can take money from the market, away from other traders? Are you OK with that?