I have previously written some articles about the possibility of making money day trading:
From mid-2011 until mid-2012 I was going through a tough time trading. I hardly made any money. At the same time, I was moving to a foreign country and I had a lot of stress.
In June 2012 I did a lot of research and started different strategies. Since then I have made steady progress and been profitable all months. I’m not making nearly as much as I did in previous years, but right now I manage to make a decent living out of this.
- I traded 244 days
- 182 profitable days (75%)
- All months profitable
- Worst day: 4 254 USD in losses on 29th of May 2013
- Best day: 3493 USD on 7th May 2013
- I ended the last 5 days of June 2013 with all losses (new record)
I was not trading on two of the most profitable days (theoretically).
By writing this blog I have come in contact with a Latvian programmer (and trader) and we’ll start trading together in August.
Hopefully, we can automate absolutely all trading, at least he has been working with a trading program for the last two months. We’ll start with three different strategies when he’s done. If this program is successful, it has paid back all the work I have put into this blog!
As of now, I’m only trading mean reversion strategies.