Did you make a profit in 2017?

This is a discussion on Did you make a profit in 2017? within the General Trading Chat forums, part of the Reception category; Glad to learn that the people who made a profit last year are more than the people who didn't...

View Poll Results: Did you make a profit in the 2017?
My account grew (profit) 12 48.00%
My account stayed more or less the same (break-even) 4 16.00%
My account shrunk (loss) 6 24.00%
I didnít keep a track of all the figures so Iím not sure 3 12.00%
Voters: 25. You may not vote on this poll

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Old Jan 24, 2018, 5:53am   #31
 
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Glad to learn that the people who made a profit last year are more than the people who didn't
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Old Jan 24, 2018, 10:45am   #32
Joined Jan 2009
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Originally Posted by barjon View Post
Main account finished on the right side although I found UK ftse100 shares pretty difficult and they jerked me around a lot.

For the first time in over 30 years I managed to bust a play account and run it to £15 from £3500. Iím too embarassed to tell you about the awful trading involved . Suffice to say it was about obstinate insistence on the short side despite continuing evidence to the contrary
Were your trades based on pure speculation or were you following a mechanical strategy?
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Old Jan 24, 2018, 11:53am   #33
 
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Originally Posted by alps007 View Post
Were your trades based on pure speculation or were you following a mechanical strategy?
I was disciplined on my main account which is mechanically based - primarily 3+ bar retracements - applied with discretion

On the disaster of the play account I was fixated on a short scenario and kept seeing short opportunities that turned out not be so, coupled with a lot of indiscipline in taking losses. The moral is that you should trade what you see and not what you think and that you should not bend what you see to suit what you think.
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Old Jan 24, 2018, 2:50pm   #34
Joined May 2013
so these are the positions I am currently in.

I am thinking of starting a journal. My style is purely trend based trading and can be in winning trades for weeks and months. Wherelse losing trades no more then a few days. My main trading rule is "Cut your losses, ride your winners till the end of the trend".

My trading hero/role model : Ed Seykota.
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Old Jan 24, 2018, 2:57pm   #35
 
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Originally Posted by wallstreetking View Post
My trading hero/role model : Ed Seykota.
A very smart man indeed!
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"If you don't find a way to make money while you sleep, you will work until you die." Warren Buffett, CEO of Berkshire Hathaway.

Count de Money number 1 trading rule: EDUCATE YOURSELF!

Before you trade even single penny on the stock market, please spend the time and educate yourself by back testing different trading strategies and ideas - go to eBay and search for "historical stock market data", you can buy 20 years of data for less than $100 - that's all you need to start.
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Old Jan 28, 2018, 4:29pm   #36
Joined Oct 2015
Kaeso started this thread Well done to those who had a winning year last year and happy trading in 2018 to all!

So far there have only been 19 people voting which is a disappointing maybe a few people didn't want to vote for some reason?

Anyway so far at least there is a good chunk (of those who voted) showing a green year

Last edited by Kaeso; Jan 28, 2018 at 9:04pm.
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Old Jan 31, 2018, 7:02am   #37
 
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In general, I'm satisfied with the previous year results. It's definitely not the amount I would like to get but I already have some profit and I can be proud of myself.
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Old Jan 31, 2018, 5:39pm   #38
Joined Sep 2010
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Originally Posted by Kaeso View Post

So far there have only been 19 people voting which is a disappointing maybe a few people didn't want to vote for some reason?
I wouldn't have voted if I'd lost
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Old Jan 31, 2018, 5:58pm   #39
 
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2018 is MY yr! I own it; i'm primed. make back any losses, and then some
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they play so bad why do they punish me
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Old Feb 5, 2018, 10:38am   #40
 
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Last year was good for crypto and I earned. But forex trading was negative for me. I lost my account and started again from the last week with small amount. I hope to the better 2018 for me.
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Old Mar 3, 2018, 7:40am   #41
 
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Last year was quite difficult for me, as I was about to lose my deposit a few times. Luckily, everything turned out Ok and as a result I finished the year with a small profit. The main thing, though, was that I gained a good experience.
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Old Mar 20, 2018, 4:31pm   #42
 
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You need to be motivated all the time in order to gain profit on the Forex market. Experience and strategy is the key to success, which you will gain from learning materials, demo accounts, experienced traders, and yourself as well. What do you people think about it?
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Old Apr 28, 2018, 3:21pm   #43
Joined Apr 2018
I did poorly with my discretionary trading. Had couple of good systems make me some decent dollars.
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Old May 3, 2018, 12:39pm   #44
 
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Yes, decent 15% but I usually get other guys to trade for me. Currently running a diversified portfolio and allocate to various money managers, systems and longer term funds.
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Old May 3, 2018, 4:30pm   #45
 
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i made just bit less..

https://www.cnbc.com/amp/2018/05/02/...ret-at-80.html

than this guy

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they play so bad why do they punish me
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