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This year is more normal in the sense it came from lots of small gains. Last year TSLA crushed it out of the park and helped push me to stellar gains. I don't have such luck this year, so far.
Great topic as it points to how to succeed in trading, i.e., through consistency and controlled trading. Great numbers everyone glad to see the community is doing well in their businesses.
Also @wldman I think all of us feel your pain on the taxes. For me battling the operating expenses keeps me honest in terms of running my business to at least match my monthly cost. Tax of course comes into play as well and causes my face to wince when I work it out. Lol saying that tax management is a key topic for measuring my take home so I do periodically review how to best manage my tax burden (for newer readers/traders out there I'd definitely recommend seeking professional advise from an accountant on how to best structure your business to save you money).
Runaway bull market, I'm just on the right side and hanging on (or have been). I am looking to get off the bull pretty soon though, at least catch my breath and see what's next.
My figures are gross. I do my best to not dwell on taxes too much, or I would give myself a heart attack every quarter when writing the god forsaken fucking check.
Hi all,
I'm curious what you perceive as a reasonable annual return on a percent basis. I'm not asking for proof or statements, simply from experience as a day/swing trader. Thanks.
"What is a reasonable return?"
I'm on here too much
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Interesting point, I found that's true also but down to how well I can trade consolidation compared to impulsive markets. For me I found my trading improved when I started to write a separate game plan for each type of view. Since then I've seen it average out in performance. Any one got any comments on how well they perform in each situation. E.g., Summer is supposed to be flatter in volume terms, are you guys usually making less during flatter markets?
I did beat the benchmark in 2014 but it was a series of changes to my approach to the markets that I think positively affected my performance. I only beat it by a few % after costs, but it was significant for me as a trader. So heres to beating the benchmark in 2015!