Stock Trading Millionaires
Trader Bob on Trading millions of dollars
By Trader Bob
Short Term Stock Trading, the Ultimate Source for Low Risk High Return Investing
Call: (702) 490 – 5317
This Excel spreadsheet graph represents the accumulated profits of an account I traded from 7/19/99 through 10/31/2001, 27 months. I am not now a stock trading millionaire and my trading of this account ended, not because of adverse market conditions, but because of divorce.
I am including some limited information and statistics on this million dollar account for several reasons. First of all the system that made this five million dollars is essentially the same system as JORDI'S INTRADAY2, the results of which we post on this web site daily, and which you can buy for $1,000. (see automated trading software)
The second reason is that I do not wish to be tagged as knowing only how to trade small amounts of money. Personally I think it is tougher to trade a small account than to trade all these millions, but nevertheless there are some people out there who might disparage my trading skills if it was believed that my only skill was in learning and studying the art of trading an account of less than $5,000.
And the third reason is to demonstrate that trading 5 million is not that much different than trading 5 thousand and the successful trader of both those accounts must follow similar rules and statistically should expect similar results.
I will hit on just a few of the mind boggling statistics behind this five million dollars in profits. A great deal of money was moved out of this account and its size fluctuated wildly. The account started at 1.5 million and ended at a half million and was at one time as high as six million. So I am estimating that the average size of the account was two million. Based on that estimate this account yielded an average annualized return of about 100%. Not bad and very similar to the returns I reported in my book, How I Quit My Job and Turned $6,000 into a Half Million Trading. These systems really work!
Some more interesting statistics from this Excel spread sheet: Number of trades = 11,689 Amount of money moved in and out of these markets in just 27 months = $1,946,770,083 (Just shy of TWO billion). Average profit of each trade = $385. Best Trade = $69,484 Worst Trade = - $37,022
I will not dwell on these statistics except to draw attention to the average trade making only $385. Even though nearly five million dollars was made with annualized returns of 100% the average trade was only $385! We make our money by trading a lot even though our average profits may seem low.
If you look at the daily trades of JORDI'S INTRA-DAY2 you will see a lot of trades that are five and ten dollars. The average trade with this system that only commits $1,000 to each trade may be only $20 or $25. Nevertheless by posting these real time trades every day I hope to demonstrate that there is both safety and large returns behind all the trades we take.
Stick with the system, take all the trades and excellent profits will follow and it does not make any difference whether you are trading five million dollars or five thousand dollars. Who knows? You may join the ranks of stock trading millionaires.