Anonymous #1 5w

Okay, but that’s because everyone says it’s gambling, no body makes it. You know starting your own business is the same way. Taking a big risk, lots of capital to start up, you lose money you gain money, and statistically only 1% make it as well now you’ll be like well no there’s lots of people who make it well yeah same with traders what counts as making it? How many people try? How many people start with the intention of day trading?

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Anonymous OP 5w

Your just repeating what you heard “like one percent” don’t repeat see for yourself grow learn and wonder don’t stop wondering just because someone said oh you’ll never make it

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Anonymous OP 5w

I just want to teach people, because I know it’s possible yet people don’t want to listen

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Anonymous #2 5w

That is pretty good. People will give you every reason in the book why it doesn’t work even when it does. Never understood that

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Anonymous #2 5w

VOO is up 101% over 5 years. You could have done literally nothing and made 31% more. That is not “pretty good”

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Anonymous #1 5w

Yea that would make sense if I had more than $500 in year one and didn’t have less than $1500 before year 2. Most of my money put towards the brokerage was in the last year and a half so it’s not really accurate to say I underperformed. YTD I’m up over 32% compared to less than 13%.

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Anonymous #2 5w

Before year 3*

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Anonymous #1 5w

On paper returns seem lower, but when you take into account contributions being heavily weighted towards the last two years I outperformed. It’s tricky comparing performance with extremely unbalanced contributions. I guess I should have clarified and used a shorter range.

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Anonymous #2 5w

It is most definitely accurate to say you underperformed. Someone who invested $1000 in VOO 5 years ago and never touched it would have more money than you if you also started with $1000 5 years ago. Like, that’s literally the definition of underperforming. You may have done better one or two years, but your lifetime returns are underperforming.

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Anonymous #2 5w

See what I mean blah blah blah you didn’t out performe

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Anonymous OP 5w

Like idk man they don’t take into account that if you withdrawal it’s sometimes taken out of p and l amount

1

Anonymous OP 5w

Great cope

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Anonymous #1 5w

How am I coping? I make more in a week than you probably do in a month.

0

Anonymous #1 5w

Buddy. I did not have the capital to invest long term. This is extremely flawed logic. Im up 32.78% YTD. Thats 2-3x the performance of SPY. My portfolio thinks I had a base amount of 64k. The percentage of returns is calculated based off that. My brokerage doesn’t account for the actual base investment I put in. Most of that 110% return over the past 5 years was in the first fucking year when I was broke

1

Anonymous #2 5w

You get it. Like for me I trade 10% of my port for a 400% move which in the full account is only 20-40% depending

3

Anonymous OP 5w

Right it’s like people don’t understand percentages at all. Unless your brokerage accounts for contribution date in the calculation the % return number is mostly meaningless.

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Anonymous OP 5w

Downvoting this is wild

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Anonymous #2 5w

Exactly.

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Anonymous #1 5w

In case you still don’t understand I started with $500. Until about mid 2023 I had less than 20k. My current all time gains are based on my total amount deposited into the brokerage - withdrawals made through that period. That puts it at a base 64k roughly. I’m up 70%. You can go into a calculator and multiply 64k by 1.7 which gets you to roughly the 110k I have now. Everytime I make a deposit (the majority has been deposited this year), the return percentage actually declines.

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Anonymous #1 5w

So the only way that you could concretely say I underperformed spy using my roughly 70% gain is if the amount I put in was 64k initially and I never deposited or withdrew again. % return comparisons are extremely difficult to calculate and you can’t say how someone is performing without consistent contributions. My 401k is a better example. It is up over 20% YTD and has extremely consistent contribution amounts spread out at equal intervals.

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Anonymous #3 3w

Niceeee man!

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Anonymous OP 3w

Thanks! I think the other thing people miss is that trading is also about risk management. Losing is inevitable, but you have to be in control of how much you lose. And once you secure profits, you can reinvest that into the safe stuff like VOO. People act like you can’t invest in VOO and trade at the same time lol

1

Anonymous #3 3w

Honestly, it’s statistics. If you win 50% of the time you have to have a risk to reward better or equal than 2:1

1

Anonymous OP 3w

Also, exactly my plan is to have intraday trading to get me those quick and good profits, then risky dividends like yieldnax, then growth and safe dividend stocks. So it will filter from riskiest to safest

1