What's your profit % for year 2008?

talknet · Dec 7, 2008

What is your profit % from "personal forex trading" for January 2008 - November 2008. Post 11 months combined/added profit % here.

Also post here profit % paid by your forex broker for January 2008 - November 2008, if you have a managed forex account

options · Dec 7, 2008

How do we know your not the tax man?

And don't be so nosey.

arabianights · Dec 7, 2008

32890752803497658923468923465892645892645892634896238956236923646793465923465892365920346572365872364592836459627389465623478562783.2374598234758923465892364592365892689562348956%

shadowninja · Dec 7, 2008

Liar.

I heard it was 32890752803497658923468923465892645892645892634896 23895623692364679346592346589236592034657236587236 4592836459627389465623478562783.237459823475892346 5892364592365892689562348957%

arabianights · Dec 7, 2008

rounding error old boy

bazooka85 · Dec 7, 2008

-32890752803497658923468923465892645892645892634896 23895623692364679346592346589236592034657236587236 4592836459627389465623478562783.237459823475892346 5892364592365892689562348956%

i'm worse than Raven Moon

every time i put money in they claim I owe them even more than I put in

candles · Dec 7, 2008

eleventeen

shadowninja · Dec 7, 2008

arabianights said:
rounding error old boy

Damn you and everything that you stand for!

PS What does A.R.A.B.I.A.N.I.G.H.T.S. stand for?

rnicoll · Dec 7, 2008

talknet said:
What is your profit % from "personal forex trading" for January 2008 - November 2008. Post 11 months combined/added profit % here.

Also post here profit % paid by your forex broker for January 2008 - November 2008, if you have a managed forex account

-15% or so. I really shouldn't trade by hand.

UKtradergirl · Dec 7, 2008

-15% is not bad at all- think how many people have blown their account entirely in this time? Try to gain a few % a year (aim for a -10% next year)... and in a few years time you will be breaking even, then into profit. (hopefully before you lose too much capital!).

rnicoll · Dec 7, 2008

UKtradergirl said:
-15% is not bad at all- think how many people have blown their account entirely in this time? Try to gain a few % a year (aim for a -10% next year)... and in a few years time you will be breaking even, then into profit. (hopefully before you lose too much capital!).

Given the stock markets have more or less halved, and I learnt a lot from the 15% (which was mostly about 2 trades at 6% a piece), I'm fairly positive about it actually. Have to patch my account back together, but eh these things happen

Edit: Although having made 40% the year before, even if it was on a much smaller spread betting account, -15% was a bit of a shock.

Edit 2: On the other hand, feeling really clever for having emptied my share ISA in April. :-D

talknet · Dec 8, 2008

rnicoll said:
-15% or so. I really shouldn't trade by hand.

Don't be disappointed. As per my research, One forex broker who has Minimum $100,000 - $500,000 for "Managed account" has given loss of -3.5% for year 2008

Many forex brokers and traders have Loss for year 2008.

Others who have earned profit, it is +10% to +15% for year 2008

Aspire · Dec 8, 2008

UKtradergirl said:
-15% is not bad at all-

Ummm... yes it is - he lost money!

mauzj · Dec 8, 2008

Down 30 or 40% on my long shares portfolio.

Infinite on my trading account as I started from zero!

UKtradergirl · Dec 8, 2008

Aspire said:
Ummm... yes it is - he lost money!

!!! for a beginner trader trading their own account to only lose 15% of their account over the course of a year is very good indeed (especially if the account was very small). I wouldn't expect to see this in 5 years time i'd suggest they quit- but i think this is a real achievement.

JTrader · Dec 8, 2008

UKtradergirl said:
!!! for a beginner trader trading their own account to only lose 15% of their account over the course of a year is very good indeed (especially if the account was very small). I wouldn't expect to see this in 5 years time i'd suggest they quit- but i think this is a real achievement.

Comments -

It could be worse.

But most people can't afford to live on thin air.

rnicholl doesn't say if the -15% is from day trading or EOD trading. If EOD and he is not relying on winnings to live on............if intraday and he is relying on winnings to live on..................

rnicoll · Dec 8, 2008

JTrader said:
Comments -

It could be worse.

But most people can't afford to live on thin air.

rnicholl doesn't say if the -15% is from day trading or EOD trading. If EOD and he is not relying on winnings to live on............if intraday and he is relying on winnings to live on..................

Oh, intraday, but have a day job that's my main source of income. This is part of why I like currency trading; I can do intraday in the evenings

Thinking of dropping to 3/5ths time as of January to give me two full days a week to trade, though.

luckyd1976 · Dec 12, 2008

rnicoll said:
-15% or so. I really shouldn't trade by hand.

Heck you OUTPERFORMED. You're in the top 1% of money managers this year...

Most markets are -40% this year.

rnicoll · Dec 12, 2008

luckyd1976 said:
Heck you OUTPERFORMED. You're in the top 1% of money managers this year...

Most markets are -40% this year.

I think mostly I feel dumb because I lost 15% despite predicting the market would implode. Possibly by calling it in May, and having figured I was probably wrong by around the time it actually happened in September...

porph · Dec 12, 2008

About +1600% before withdrawals. (This was from a pretty small acount though) With the **** you can pull as a retail daytrader trading your own money, you SHOULD be well up on the average fund manager.

What's your profit % for year 2008?

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