Originally posted by Websman
Mr Market, member profits for 2005, poll
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I was looking at the different bars an it's hard to comprehend anyone who is actively trading, not long term investing, that is actually up 100% or more. The over 150% bar is longer than the 100% bar an a couple of the other higher % bars. I would like to see who is up that much because to me that would be a phenomenal track record. Step up and be acknowledged please.THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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Originally posted by skiracerI was looking at the different bars an it's hard to comprehend anyone who is actively trading, not long term investing, that is actually up 100% or more. The over 150% bar is longer than the 100% bar an a couple of the other higher % bars. I would like to see who is up that much because to me that would be a phenomenal track record. Step up and be acknowledged please.
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Originally posted by WebsmanI believe that would be IIC with his daytrading account.THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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Originally posted by IICWell...I thought I could vote 2x...Guess not...I voted 150%+...But that was my Daytrading account...My Intermediate/Long Term Accounts was in the 15-30% range...Overall dollars...because I don't put HUGE $$$ in DT'ing is slightly less than 40%...IIC
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Originally posted by skiracerIs Doug up 150% or more in his daytrading account? I haven't seen him posting much lately on the daytrades. Phenomenal record.
Next year my goal is much higher...I will bail on WITS and I will focus my $$$ WHERE the $$$ are...Doug(IIC)"Trade What Is Happening...Not What You Think Is Gonna Happen"
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Originally posted by IICI can't post every day trade...well, guess I could but...True, my DT's have greatly dropped off due to time since September...DT's were +198% this year and I did not use my margin...My other accounts were up 28%...Since I don't put nearly as many $$$ up on DT's...And WITS dragged us down because I made less than 20% on it...My overall was only +36%.
Next year my goal is much higher...I will bail on WITS and I will focus my $$$ WHERE the $$$ are...Doug(IIC)
Also, my day trade dollar amounts invested were all over the board. I was fortunate enough to hit some of the larger % gainers with larger $$$ invested...Maybe it was luck and maybe it was not???
On my longer term accounts the %'s can also be deceiving...For example I bot the old GMAI...now ESCL...back in 2004 for about $17. I sold this year for over $20...about an 18% gain. But, for 2005 if I take the price on 12/31/04 which was in the 12's I ended up with about a 65% gain on it this year. Two other examples of stocks I bot in 2004 and sold in 2005 for losses from my initial buy were RELV and LTON...But if I take my sell price minus the close on 12/31/04 I had gains on them in 2005.
It's true that I have not made nearly as many trades since September...But I did back up the truck on SIFY as posted on 12/19 and I made 17% on APFC on 12/20. It doesn't take very many of those to get your percentage up.
I had a discussion with another moderator of a club I belong to back in Novemeber. Their opinion was that there really was no use in posting my day trades in a Forum setting...More suited to chat rooms. The reason being is that it would be rare that people would actually see the post in real time and I could already be out before most even saw it. So it really is no help to post them unless someone wanted to go back and look at a chart to try and figure out why I bot it. And the chart might not even be the reason I bot it...maybe it was news. And I really don't have the time to explain the reasons for 500 trades.
In 2006 I plan to do much better...Happy New Year, Doug(IIC)"Trade What Is Happening...Not What You Think Is Gonna Happen"
Find Tomorrow's Winners At SharpTraders.com
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Ok guys, we've only had 28 brave members post their returns for 2005 in this poll. Remember, this is totally anonymous. Nobody will know if you actually lost money or if your a financial genius.
So far, the average Mr Market member had an impressive return. a few took a loss, but I'm sure if they hang around that will change.
Post your results today!
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Ok guys, we've only had 28 brave members post their returns for 2005 in this poll. Remember, this is totally anonymous. Nobody will know if you actually lost money or if your a financial genius.
So far, the average Mr Market member had an impressive return. a few took a loss, but I'm sure if they hang around that will change.
Post your results today!
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29.5%. Didn't quite make 30% - DOH!! I had a downright lousy December.
But, I think my active trading is over with. Just takes too much time for me. I'm going to a buy-and-hold diversified strategy much like the $$$HUGE ONE$$$ employs.
But, I'll be in every now and then. Here's to the $$$HUGE SUCCESS$$$ of this forum!
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Originally posted by B.J29.5%. Didn't quite make 30% - DOH!! I had a downright lousy December.
But, I think my active trading is over with. Just takes too much time for me. I'm going to a buy-and-hold diversified strategy much like the $$$HUGE ONE$$$ employs.
But, I'll be in every now and then. Here's to the $$$HUGE SUCCESS$$$ of this forum!
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Originally posted by WebsmanThat's one thing I like about both Poormans and Mr Market. You can trade like them, and still have time to get wasted on Saturday night."Trade What Is Happening...Not What You Think Is Gonna Happen"
Find Tomorrow's Winners At SharpTraders.com
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