Australian (ASX) Stock Market Forum

How much money did you make today?

Seneca60BC said:
Day traders - how much did you make today ?
What was it like?

Cheers
I'm not going to give an answer for the first question, coz it's just a bit too personal for the internet :D

But for the second question- it was quite dull, like most trading days.
When it's exciting, you aint doin it right :)
 
professor_frink said:
I'm not going to give an answer for the first question, coz it's just a bit too personal for the internet :D
Quite so!

Seneca (Hope there is no Nero here :D )

Even if someone told you a $$$$ amount, it would be worthless unless substantiated, and taken in the context of the last 500 days and the next 500 days along with capital base, risk management parameters, risk of ruin etc etc etc.

Cheers
 
Well I had a nice day today, portfolio up a little over 1 percent on yesterdays close.

However it doesn't mean much because I trade a long term mechanical system on weekly charts, I'm only going to act on tomorrows closing prices !


HM
 
Realist said:
I lost $3300. Got dorked on the Nasdaq.. :(

Look at the bright side, it’s only... well let me think... a week and a half rent in North Sydney? Maybe a little more!

Good luck tomorrow
 
Another day another dollar :)

Another day, another dollar
Daylight comes I'm on my way
Another day, another dollar
I'm workin' my whole life away

My boss told me I'd get paid weakly :)
That exactly how I'm paid
Another day, another dollar
I'm workin' my whole life away

My family's my thanksgiving
And I love em more each day
They're the reason I keep livin'
And workin' my poor life away
 
new girl said:
Look at the bright side, it’s only... well let me think... a week and a half rent in North Sydney? Maybe a little more!

Good luck tomorrow


Actually 4 months rent. I got a good deal! ;)
 
$0 because I didn't sell anything but,,, I did read on another thread someone boasting they made $1000 purchasing $35000 worth of RIO & selling the next day.( $1000 a day :eek: ) It opened my eyes to possibilities but,,, of cause it's like an old workmate of mine who used to win so much on the horses, he never mentioned or calculated himself how much he lost tho. :rolleyes:
I'm going to keep digging to find if day trading is successful, coming straight out & asking the question obviously doesn't work. :cautious:
PS: If I made a trade of $35000 my wife would kill me. :eek:
 
$20 on paper that was - and my system is to hold long term - by the way today I lost $180.00

The market giveth and the market taketh :)
 
Out Too Soon said:
$0 because I didn't sell anything but,,, I did read on another thread someone boasting they made $1000 purchasing $35000 worth of RIO & selling the next day.( $1000 a day :eek: ) It opened my eyes to possibilities but,,, of cause it's like an old workmate of mine who used to win so much on the horses, he never mentioned or calculated himself how much he lost tho. :rolleyes:
I'm going to keep digging to find if day trading is successful, coming straight out & asking the question obviously doesn't work. :cautious:
PS: If I made a trade of $35000 my wife would kill me. :eek:

OTS,

It's all a question of capital and positive expectancy.

$1000 a day is no probs given enough of the above
 
Out Too Soon said:
$0 because I didn't sell anything but,,, I did read on another thread someone boasting they made $1000 purchasing $35000 worth of RIO & selling the next day.( $1000 a day :eek: ) It opened my eyes to possibilities but,,, of cause it's like an old workmate of mine who used to win so much on the horses, he never mentioned or calculated himself how much he lost tho. :rolleyes:
I'm going to keep digging to find if day trading is successful, coming straight out & asking the question obviously doesn't work. :cautious:
PS: If I made a trade of $35000 my wife would kill me. :eek:
IMHO making a little under 3 % for daytrading a blue chip is pretty good and won't happen too often, even though you wouldn't call that a 'daytrade' as such, more like a swing trade. Think about what would have happened to the person in RIO if it had of gapped down the next day instead of up :eek:
You won't find too many people in Aus daytrading regular stocks(well not the bigger ones anyway)- brokerage is way too high here!
If you want to look into daytrading, futures are the way to go IMHO. tight spreads, lots of leverage and dirt cheap brokerage make it possible if you're good enough. Although given the leverage available in futures, it's also a great way to destroy an account if you don't know what you are doing.
 
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