Yearly End Game

Haha this is the sh#ttiest topic but must be delt with.

When do I throw in the towel for the year?

1) I made X% and am satisfied with my gains... time to walk away for a few months and enjoy my winnings.

2) I lost Y% of my account and

 

1. am willing to put Z dollars back into the account... keep trading baby
2. am willing to walk away with a loss

Let's not forget time and Uncle Sam.... huge factors in my opinion. Suppose your account goes down 80% by September because you are an ultra aggressive trader, and realize making 500% on your remaining 20% is simply unlikely in the remaining 4 months of the years. (Humor me)

So the question is, do you have a % in mind where you call it a year, for better or worse? It's up to the individual, but should be a concern of any real trader.

Tom

They way i see it, you just trade. If things are going wrong, try to do it right. If that doenst work try until you cant try any more. How much this and that isnt too interesting i think, you just do the best you can. But of course sometimes you should not trade, but thats if the conditions are bad (what ever definition you are using), and the money in your account dont have anything with that to do. So i mean: Trade until its not working out. If you lost a lot, its not working out, change it or quit.