re: thanks vayron - who makes a living from this ? $450,000 was his revenue.
The only other costs he has besides brokerage are accounting, postage, office equipment etc. They are all very immaterial.
So his net was approximately $375,000.
However as his on a trader basis capital returns are counted as revenue, so it overstates the profit a little.
Considering the the All Ords rose 16.18 per cent last year id expect a trader to produce a better result then the index.
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