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; Hi I though it might be interesting to see how peeps of the forum did as a group last year ...

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 20, 2018, 1:03pm   #1
Joined Oct 2015
Poll: Did you make a profit in 2017?

Hi

I though it might be interesting to see how peeps of the forum did as a group last year in terms of making money (in a real account, not demo). I’ve made up a pretty basic poll here just to get an idea of what proportion made a profit etc. I've kept it anonymous (no one, including me, can see voters usernames) so be honest to get an accurate picture. If you feel you made/lost an “insignificant” amount then its up to you what you call it. Feel free to post any other info in the thread if you wanna share more details.

Enjoy the weekend

K

Last edited by Kaeso; Jan 20, 2018 at 9:15pm.
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Old Jan 20, 2018, 3:14pm   #2
 
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Joined Sep 2014
pip made 1 million(demo unfortunately)
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Old Jan 20, 2018, 3:34pm   #3
 
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Joined Jun 2016
"Our Nan" made so much that the spreadsheet crashed!
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Old Jan 20, 2018, 3:43pm   #4
 
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My first triple digit year, mainly because of one huge 50% total win in January + the magic of compounding... unfortunately statisicly speaking/based on past performance it won’t happend again in the next 20 years :-)
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Old Jan 20, 2018, 5:54pm   #5
Joined Sep 2010
I rinsed the Dow at the end of the year and finished well up (relative)
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Old Jan 20, 2018, 7:48pm   #6
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Quote:
Originally Posted by Quantt View Post
My first triple digit year, mainly because of one huge 50% total win in January + the magic of compounding... unfortunately statisicly speaking/based on past performance it wonít happend again in the next 20 years :-)
. . . unless you trade cryptos!
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Old Jan 20, 2018, 9:31pm   #7
 
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Originally Posted by timsk View Post
. . . unless you trade cryptos!
No thanks :-) I already have back to back losing years... talk about faith in the system :-)
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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 22, 2018, 5:34pm   #8
Joined Dec 2017
Honestly, last year was rough and scratchy. It was not until late last year I started making something worthwhile, it was almost like I was shut out or I wasn't doing something right.
I didn't take it too hard on myself though as these things happen, I just have to learn to improve this year!
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Old Jan 22, 2018, 5:52pm   #9
 
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not spread betting, i just about broke even.

Buying and selling shares I done pretty well, 20% return on what i was using to trade.
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Old Jan 23, 2018, 1:18pm   #10
Joined May 2013
so 95% must have flopped and lost money..
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Old Jan 23, 2018, 1:21pm   #11
Joined May 2013
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Originally Posted by Quantt View Post
No thanks :-) I already have back to back losing years... talk about faith in the system :-)
your system needs tweaking
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Old Jan 23, 2018, 1:23pm   #12
Joined May 2013
I have come back to this forum after a long time. Are there any threads or journals with consistent performers.
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Old Jan 23, 2018, 1:47pm   #13
Joined Feb 2002
Finally voted and answering this question.

Unhappily, I lost money in 2017 but learned a lot nevertheless, and I'm hopeful it was a transition year for me.

January-March, I traded only Steven Primo's Strategy #4, almost wholly on FTSE350 stocks. Results were not not terrible but not as good as hoped for.

April and May I cut down on Strategy #4 and resumed swing trades using Marc Rivalland's methodology. During June and August I added a few more candlestick entry patterns and broadened targets to include FTSE SmallCaps and AIM100 stocks (in July I took a break). From August onwards trades were almost wholly in forex pairs and indices. Monthly losses reducing.

In September I started pyramiding winning positions and developing a pyramiding system. Monthly loss reducing again.

October was a small loss, but gaining much confidence in defining and pyramiding trend-following trades.

In November I bulked up my trading account and continued trend-following and pyramiding forex and indices. From that point I have grown the account balance by 65%. If current open trades were closed right now, the account growth since 08/11 would be +170%.

Hoping for a healthy 2018.
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Old Jan 23, 2018, 1:50pm   #14
 
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Originally Posted by wallstreetking View Post
your system needs tweaking
Maybe, but I donít think so, every system will have losing trades, days, weeks, months and years... the goal is to have more winnings in the end and the magic of compounding will make you rich in the long run...
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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 23, 2018, 2:14pm   #15
Joined Sep 2010
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Originally Posted by Quantt View Post
Maybe, but I donít think so, every system will have losing trades, days, weeks, months and years... the goal is to have more winnings in the end and the magic of compounding will make you rich in the long run...
Wait, what? Vince told me I could make £100-£200 guaranteed every day?
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Thanks! The following members like this post: Lee Shepherd
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