Performance Level Of An Exceptional Trader

This is a discussion on Performance Level Of An Exceptional Trader within the General Trading Chat forums, part of the Reception category; Originally Posted by TheBramble bbmac has pretty much covered it. Percentage gains without any other data is meaningless. As is ...

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Old Jul 6, 2011, 6:30pm   #17
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Re: Performance Level Of An Exceptional Trader

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Originally Posted by TheBramble View Post
bbmac has pretty much covered it. Percentage gains without any other data is meaningless.

As is the question itself really.

Life tends to cluster.
As do t2w threads, clusterfook
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Old Jul 6, 2011, 6:44pm   #18
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Re: Performance Level Of An Exceptional Trader

Talking of fook, how can you get up eight times if you've only fallen down seven...?
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Old Jul 6, 2011, 7:03pm   #19
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Re: Performance Level Of An Exceptional Trader

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Talking of fook, how can you get up eight times if you've only fallen down seven...?
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Old Jul 6, 2011, 7:37pm   #20
 
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Re: Performance Level Of An Exceptional Trader

I would look at Forexdesk.com that has the most traders from T2W as reference.
Week on week, the winners seem to average about +34%

Of coarse there is always a different winner each week and people like myself are profitable, but not in the contest. This does give one some idea of what can be accomplished.
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Old Jul 6, 2011, 7:40pm   #21
 
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Re: Performance Level Of An Exceptional Trader

NB - I removed my post. It was meant to be funny, but it may offend which was not my intention.
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Old Jul 6, 2011, 7:53pm   #22
 
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Re: Performance Level Of An Exceptional Trader

100% increase on a good week is totally possible.
As an example, I am up +27% right now with 7 positions open, risking 1% on each position and the week is still going. If I upped each position to risk 3% per trade, I could easily clear +100%.
My risk for the week right now is 7%, if I upped my risk to 21%, it could be to much, but the way I see it, each position is independent.
Still working out the best parameters to trade my system.
To answer your question, anything is possible, I don't put any limits on what is possible.

If one knows exactly why the market is moving, I think on could risk one trade at 1% risk and return 25%^^
Why not?
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Old Jul 6, 2011, 8:02pm   #23
 
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Originally Posted by Depth Trade View Post
100% increase on a good week is totally possible.
As an example, I am up +27% right now with 7 positions open, risking 1% on each position and the week is still going. If I upped each position to risk 3% per trade, I could easily clear +100%.
My risk for the week right now is 7%, if I upped my risk to 21%, it could be to much, but the way I see it, each position is independent.
Still working out the best parameters to trade my system.
To answer your question, anything is possible, I don't put any limits on what is possible.

If one knows exactly why the market is moving, I think on could risk one trade at 1% risk and return 25%^^
Why not?

What market are you trading?
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Old Jul 6, 2011, 8:04pm   #24
 
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Re: Performance Level Of An Exceptional Trader

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What market are you trading?
Currencies
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