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Forgot the "haha" at the end.
What I mean though is that you cannot extrapolate a single day worth of gains into annualized like this because we all make costly bad calls sometimes. But you know that.
Also, there are a lot of people out there (not saying that this is you) that make up fantastic claims about gains. This is dangerous to listen to because it could be used to manipulate the market. So unless there are things that are timestamped prior to execution as opposed to post the facts (could be as little as a textfile stating intent, then opentimestamp it.) Remember the AMC psyop?
The main reason I measure daily, and annualized returns is because I'm tracking the velocity of the trades. I don't actually expect to make 574% in a year. It's helpful though because I can easily see that it's worth exiting a trade early if it increases my daily yield.
I'm just having a bit of fun trading and I'm starting the year on a hot streak, but it's only 12 trades so far, the number will go down.
As far as the fantastic claims go, I could certainly provide the recipts proving my earth shattering $600 in gains, but in all honesty, nobody should be using this as trading advice. It's just a hobby.
What?