I’ve been obedient to my trade rules, my risk limits, and my trading plan. I know I have a very tiny sample set here, but from people who know, does this seem way off base? I seem to be making about 1% a week, does that seem right? Is this good? Or are there people out there quietly carving it up and making 2/3/4/5%?
The way I see it, if i could make 1% a week for the rest of my life on whatever capital I had, I’d be a very fortunate soul indeed.
Don’t buy into these big gains being bandied about this place. It’s all nonsense. Happens for a while and then as if by magic it’s all gone again and then some. The key is consistency. If you are able to AVERAGE 1% per week CONSISTENTLY then you are doing well and will never have to look back. And that’s all there is to it. And some weeks you will make more. Some weeks less. Hence my using the word AVERAGE. All of this other stuff: it is of use to no bugger to make 300% this week and lose 400% next week. And so on and so forth.
Each trader can be dissimilar in his trading goals. Thereby I think that you can achieve little by sharing your ideologies here. Yes, it is correct that sometimes experts provide their valuable opinion on certain things and by this process you can get some guidelines here. But please be careful regarding your concept and strategies so that whole trading journey can be a profitable one.
You are doing exceptionally. On a 100k you’d be making 1k a week so well done. However it is a small sample size so carry on for a few more weeks/months until you have a larger sample size and can extrapolate meaningful statistics.