my assumption is that as a group they are better than retail my question is what percent of people in your firm or if you would hazard a guess in prop firms in general have not had a losing week so far in 2008 ? are there some star traders that have not had a losing week ( or month ) in years ?
come on now ... this cannot be so hard surely there are some discretionary traders who have total "self control" and an edge or great risk managers watching them at their prop firms reminding them to keep their P+L green
SethArb - I think there are a good number of prop guys that have not had any losing weeks this year. A good system should be rockin it this year with perfect volatility levels. Losing days is one thing but a losing week is usually from mistakes or method/system failures. I have had no losing weeks this year and 2 weeks last year with losses (both were from my mistakes due to trading too many issues all at the same time, and left positions on without targets or stops overnight....oops!).
No losing week for me so far this year but I am having doubts that the reason I am so consistent is also the reason I am not bringing the income I desire so I am starting to forget the idea of being consistently profitable on a weekly basis in order to push myself harder. I achieved a state of almost making money everyday but what's the point if you aren't making what you are capable of because you want to be up everyday? How do you guys feel about that?