300% return on capital !

[snorre101]

Hi,
I have just made a 350% return on my capital trading spreadbetting. This was done over a period of 45 days average about 1 trade a day. Over that period I had 4 losses.
That was really quite easy.I cannot and will not divulge my strategy.
The point I want to make is, it does not take years of losses to become a good trader.
The secret is to think for yourself when you create a strategy, and to accept it as a very high risk game. Trading is in your head only, its not the markets that will destroy you.

 

[Yoshie]

very high risk? of course if you are betting with overleverage.. 350% mean nothing you could have a 10$ account grow to 35.

I love new member who make post like this.

 

[HowardCohodas]

Hi,
I have just made a 350% return on my capital trading spreadbetting. This was done over a period of 45 days average about 1 trade a day. Over that period I had 4 losses.
That was really quite easy.I cannot and will not divulge my strategy.
The point I want to make is, it does not take years of losses to become a good trader.
The secret is to think for yourself when you create a strategy, and to accept it as a very high risk game. Trading is in your head only, its not the markets that will destroy you.

If you want to impress anyone here, get to know the culture and then post something that fits within our culture.

Most here give more evidence of accomplishment than just saying so. For example, I opened a new auditable account to provide my students evidence of performance. Others provide evidence in other ways.

This is a good place to learn and teach. Hope you can do both.

 

[snorre101]

I only risk 0.5% of my capital per trade. That return was made on the spread, not on a high stake.

 

[snorre101]

I dont want to impress anybody. And I dont want to learn from you, because if I start following conventional wisdom, I will not make any profits anymore !! Of course I expect to be mocked and called a fool.

 

[tar]

I dont want to impress anybody. And I dont want to learn from you, because if I start following conventional wisdom, I will not make any profits anymore !! Of course I expect to be mocked and called a fool.

This dont mean anything check this list they started with 10000 b4 few days ...

http://www.intertrader.com/champion/

 

[HowardCohodas]

I dont want to impress anybody. And I dont want to learn from you, because if I start following conventional wisdom, I will not make any profits anymore !! Of course I expect to be mocked and called a fool.

Since you don't know me, my accomplishments or my reputation, that's pretty arrogant.

Even though I'm very successful using my strategy and teach it to others, I always have something to learn from the wisdom and experience of many of the members on this forum.

Desiring to be mocked and displaying arrogance in your posts is likely a personality flaw. I would look into that.

 

[forker]

I dont want to impress anybody. And I dont want to learn from you, because if I start following conventional wisdom, I will not make any profits anymore !! Of course I expect to be mocked and called a fool.

Then why you posting if you don't want to impress anyone. Why don't you just get on with it?

 

[snorre101]

Before I joined the forum I used to read the posts. Personal attacks is the way to go it seems, but I will not join in that game. All I am saying is that its not that diffecult, if you dont follow any of the accepted strategies. That will annoy some traders, whose hobby is trading, and not making money.

 

[snorre101]

Yes, forker, thats really, a good point, I cannot really answer that.

 

[Black Swan]

300% return on 100 quid = not impressive..

33% return on 1 million = very, very impressive..

 

[forker]

If you don't mind telling, what % did you make on average a day.

 

[Martinghoul]

Hi,
I have just made a 350% return on my capital trading spreadbetting. This was done over a period of 45 days average about 1 trade a day. Over that period I had 4 losses.
That was really quite easy.I cannot and will not divulge my strategy.
The point I want to make is, it does not take years of losses to become a good trader.
The secret is to think for yourself when you create a strategy, and to accept it as a very high risk game. Trading is in your head only, its not the markets that will destroy you.

Good luck to you... I don't want to be the bearer of bad news, but your sample size is way too small to make any conclusions regarding the viability of your strategy. It's certainly not sufficient to make any grand sweeping conclusions about the nature of trading etc. In fact, it's downright foolish to think you know what the game is all about after 45 days. Such hubris will get you exactly nowhere.

 

[snorre101]

I am posting here because trading is quite simple actually. The markets are moved by fundementals. Its no use creating all these extremely complicated theories and strategies. Staring at the PC for hours looking for patterns in graphs. The bottom line is that trading is high risk, by trying to protect yourself from possible losses you are limiting your profits, and you end up losing.
The point I was trying to make was ............ 300% return on Capital.
Its not that diffecult, is it ?

 

[snorre101]

Excuse me Sir, but I have been trading for more than 45 days, more like 345 days, but my strategy is developing as I gain more experience the hard way ............by teaching myself.( and taking some losses)

 

[Martinghoul]

Mark my words, snorre... It sounds like you're a blowup waiting to happen. I hope I am wrong, but your attitude will get you killed sooner or later.

EDIT: 45 days or 345 days, same difference. I have been doing this for years and the one thing I know is that I know nothing. I also know that, if I am not careful, the mkt will quickly make sure I am dead.

 

[forker]

by trying to protect yourself from possible losses you are limiting your profits, and you end up losing.

But didn't you mention you risk 0.5% per trade? Isn't that protecting yourself from losses and as such contradicting what you trying to convey

 

[snorre101]

I would be a total fool if I did not try and control my risk. Thats why I only risk 0.5% of my capital per trade, because I accept the risk, and know the markets can suddenly turn against me. I accept that sometime, somewhere a big loss is inevitable. I want to survive that loss. But by accepting that possible loss, I dont let it control my trading decisions, like somebody who is trying to avoid even a small losses.

 

[snorre101]

To put it another way , most traders control their risk by managing their spread, stake and timeframe.
I try and control most of my risk only via the stake. That is of course high risk in the short term, but in the longer term its a lower risk. Timing is the most important factor in trading according to me.

 

[HowardCohodas]

To put it another way , most traders control their risk by managing their spread, stake and timeframe.
I try and control most of my risk only via the stake. That is of course high risk in the short term, but in the longer term its a lower risk. Timing is the most important factor in trading according to me.

Do you have some references to back up what most traders do or are you speculating?