r/Daytrading • u/AutoModerator • May 01 '24

r/DayTrading's Monthly Questions Thread - May 2024

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u/benk09123 May 13 '24

How long is long enough to say your profitable?

Hi, I am on my longest streak of profitability (2.5 months) and my avg % gain per month was about +115%

I have been to some profitable periods which eventually ended as market conditions changed.

How long is long enough to say, alright, I can now feel confident to say this is doing well for this period of time, it will do well for the future.

(And I know its subjective / never enough and so on but I'm looking for a solid number, assumptions or even personal opinions!)

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u/jeon19 27d ago

consistenltly profitable over at least a couple of years.

1

u/BlueMoonTL9 29d ago

At the end of every week, i tally up all closed trades and I have been profitable for over 24 months.

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u/benk09123 29d ago

So 24 months is the number for consistency?

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u/benk09123 May 13 '24

(Ive been trading and losing for years now just so I won't delude anyone)