Is It Possible To Make Money Day Trading? My numbers July 2012 – July 2013
Last Updated on June 19, 2022 by Quantified Trading
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.
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great performance! how much capital did you trade with?
Hi, this is mainly prop, but also an account at Interactive Brokers. So return on capital makes no sense. I have a pure swingtrading account as well, I write about that later.
Congratulations on your results. That’s an impressive profit curve. How many trades did you make over the 244 days?
Hi, Thanks. I made about 13 000 trades during that time.
Would I be correct that for the 2012/2013 year (244 days) you made an average of about $7.50 per trade?
Take care
Gabe
Actually, I think it’s lower, about 5 usd per trade. Quite marginal.
I was looking at your equity chart above which shows you equity at trade 241 to be around 95K. That is how I got to the 7.50. But I could be reading your chart incorrectly.
Nevertheless, most people would be surprised about their own trading results if they would do a similar calculation on their own account.
BTW, is there a way to edit a reply or a post after we hit the POST COMMENT button?
I’m not sure. I’m an admin and there is for me, but not sure for other users….
[…] This morning I had a look at some random numbers from my clearing sheets (I also wrote about this in July): […]