Quote:
Originally Posted by NemesisX
Hmm. Yeah I'm not really well versed in finance or anything so I don't quite understand what these graphs are trying to show.
My dad's been pretty nervous about the market over the last few months. He thought there would be a drastic drop when S&P hit 1700 and so he moved about 3/4 of his 401k out of the market for a couple of months (I think June and/or July) before putting it back into the market for August after regretting missing out on the bull run, so his overall return this year is something 21% (S&P has been up 23 or 24% for the year).
Just curious what kind of returns are you guys seeing with day trading (percentages, of course) for the year so far?
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I am not saying for anyone to take action on my posts.
I have a cover on YM Dow at 15630 in case I am early to the party as I had 11/18 as most likely date for months, but the market is going to go on its own time table.
As for returns, I made more than the 23%-24% you spoke of in your post on the October NQ trade alone, but that was not daytrading. Made ~80% on Soybean Meal daytrading it in October and around 10% Daytrading ES in October, as Nasdaq was my focus (It was the strongest index when the market went long). Dow is weakest now which is why I shorted that last week.