Your best trade

[AussieBoy]

What would you say was your best trade ever since you started trading? By that, I mean as a % gain rather than profit ($), as I can understand why people wouldn't want to disclose their profit due to privacy reasons.

For me, my best was PBT. I bought it and sold it the next day for a 58% gain. However, I do regret I didn't put more money into it, as I would've made a hell of a lot more than the small amount I put into it.

 

[tech/a]

System trade for 6 years 2001-2007
$30,000 to $386,000. All recorded on " The Chartist " still there.
Best single trade/s many of 100 % in 24 hrs.

Those days are gone for the time being my trading
Is now based on more wins ---- less reward to risk.

 

[Trembling Hand]

Once I made 2.2%
.
.
.
.

 

[springhill]

What would you say was your best trade ever since you started trading? By that, I mean as a % gain rather than profit ($), as I can understand why people wouldn't want to disclose their profit due to privacy reasons.

For me, my best was PBT. I bought it and sold it the next day for a 58% gain. However, I do regret I didn't put more money into it, as I would've made a hell of a lot more than the small amount I put into it.

This comment is a little alarming. Don't get stuck on could've, would've, should've. You made a fantastic profit leave it at that and be happy mate. Too often people put in that 'bit extra' next time still thinking about the time before, get stung and wipe out the profit from the previous trade. Each trade on its merits.

Hindsight is always 20/20

 

[skc]

Best trade has to do with $ made rather than % gain...

My best trade... buy TSO on open at 53c on 10 Feb 2012 with 30% of my account size

 

[VSntchr]

I did very well out of ZFX a few years back. Cant remember the % but it was in the mid hundreds

 

[Gringotts Bank]

Back when CDU was trading as AUM in June 2006. The hype on HC was out of control. I put a stupid % of my capital at risk. Anyway, I exited at $9.70 only minutes before it went into trading halt. I've never seen anything move so fast or with so much volume. It was literally putting on 50c a minute.

 

[Trembling Hand]

Should start another thread,

Did your best ever trade cover your worst draw down...

 

[5oclock]

Should start another thread,

Did your best ever trade cover your worst draw down...

+1 Some of the best trades i ever made were trades i never made!

 

[springhill]

This could count as a long term trade
My best result BTU. Purchase at 7&8c then sold down at various points 16c, 34c, 67c, 80c, $1.08 and $1.20. Going from memory so they may be out by a cent or 2

 

[AussieBoy]

Re: Your best one-day trade

Sorry, I should've re-named the thread "your best one-day trade", is my OP was regarding this

 

[tech/a]

Should start another thread,

Did your best ever trade cover your worst draw down...

Worst peak to valley drawdown $126,000.
Many one day drawdowns of $8-12k. (Over 18 yrs).
Generally in crashes with open positions.

 

[Trembling Hand]

Worst peak to valley drawdown $126,000.
Many one day drawdowns of $8-12k. (Over 18 yrs).
Generally in crashes with open positions.

The reason I ask is because those huge windfall gains in a day/week/whatever are very addictive. As a new punter it only takes one lucky trade to completely blow your ability to process probable outcome from trading. When what the newb should be concentrating on is managing drawdown periods to enable them to live long enough to one day catch the odd silly outlier. I remember a nutz leveraged trade on a CFD material index in the early years that just keeped going and going and going. God I wish I was never that lucky to start!!!!

 

[tech/a]

Knew why you asked.
Also know very few here would have any stats.
Meaningful stats anyway.

 

[sammy84]

I don't bother remembering my good trades. They are generally not that exciting.

Remember my bad trades however. I remember being long on quite a few mining companies when the mining tax was first announced. That was fun.

 

[cynic]

Worst peak to valley drawdown $126,000.
Many one day drawdowns of $8-12k. (Over 18 yrs).
Generally in crashes with open positions.

Darn it! Tech/A you've outdone me yet again!!

My largest peak to valley drawdown was only 110K!! (!@#$ing exchange closed during a PIIGS related crash, leaving me locked into open positions!!)

On second thoughts that's a record personal worst that I'd rather not break, so I'll let you keep your crown on that one.

Back in the good old days (pre GFC) when the markets were only generally crazy, (not completely insane like they are now!) I used to day trade the Aussie 200. During one of my early quarters I achieved a return (on capital deployed) of approximately 450-500%. Given the leveraged nature of the products that I was using at the time, it could be argued that the return was really only 4.5-5% of total exposure. Anyhow, even the best of my trades during that time never covered my single worst drawdown.

As for single trades, one of my largest returns (on capital deployed) was approximately 1700%. Given that it was a short position, the % return based on actual $ risked is theoretically the reciprocal of infinity (i.e. 0%).

 

[tech/a]

Losing trades are always too big
Winning Trades are always too small.