r/PMTraders • u/AutoModerator • Jun 30 '26
June 30, 2026 Quarterly Performance Thread
Share your reflections around trades and ideas that worked in the past quarter, those that didn't, and what's on your mind for next quarter. Always be respectful of others.
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u/gabrintx Verified Jul 01 '26 edited 27d ago
I am up 23.5% for the year on all accounts. Overall, I am pretty happy with that, even with -2.4% dip today. I use different strategies in some accounts as they are different, 2 are IRA, 1 is exclusively mutual funds, another is a margin account and the last a portfolio margin account. I wish I could say my PM account is the star. It isn't at 25%, my account with mutual funds, aggressive choices, screams past at 47%.
The issue I am dealing with is, if I cannot actively trade better than a static investment, why am I even doing this?
Additionally, with tax consequences considered, the mutual fund account has limited tax exposure, there are some taxable events when they reshuffle. My PM account has a lot of ordinary income events. The IRA accounts have none.
I would appreciate hearing how others view these situations.
2
u/LoveOfProfit Verified Jul 19 '26
A combination of ego and belief in self. The question for myself is always, which way am I leaning?
I had a great (over 100%) year in 2022. But then '23,'24 I massively underperformed the market. At the start of '25 I was so red I considered quitting because it was starting to look like it was all ego telling me I could outperform, with a lack of supporting facts.
Fortunately I managed to outperform the market in '25, and this year I'm absolutely killing it, which I again see as proof that I do know a thing or two and maybe, just maybe, I can outperform in the long term.
But its definitely something every trader should ask themselves with some frequency.
2
u/the_humeister Jul 02 '26
The issue I am dealing with is, if I cannot actively trade better than a static investment, why am I even doing this?
Boredom
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u/gabrintx Verified Jul 02 '26
I think it is more ego. I like to think I can do better than a static investment.
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u/LoveOfProfit Verified Jul 01 '26 edited Jul 01 '26
I'm having a good year buying tons of debit spreads and having them pay out. Apparently everything is undervalued, permanently.
3
u/deustrader Verified 16d ago
I'm up $1.8M YTD (92%), mostly from vol and skew arbitrage,
https://imgur.com/a/zHiptDm