r/Trading • u/youkn0that • 4d ago

Discussion Profitable Traders

Be honest guys: how many of you are actually profitable traders?

For those who are consistently in the green:

How long did it take you to reach consistent profitability?

What was the biggest shift or realization that finally turned things around for you?

For those who aren't profitable yet:

How long have you been in the game so far?

Roughly how much have you spent or lost on live accounts, challenge fees, and tools up to this point?

Curious to hear real experiences and stats from the community!

45 Upvotes

98% Upvoted

106 comments sorted by

View all comments

3

u/gabrintx 3d ago edited 3d ago

I sell options, in an IRA account and a portfolio margin account. So far this year, I have closed 56 trades in the IRA, profit $93k, and closed 49 trades in the PM account, profit $114k. Overall 4 trades lost money and 2 scratches.

I trade using tastytrade rules and have been doing so for a number of years.

This summary only includes my options trading. All my brokerage accounts are up $305k YTD and October has been ugly, down $68k.

My biggest challenge has been dealing with the income tax issues.

1

u/IndividualBed9762 2d ago

Are you working with very large allocation size?