What is the maximum return on investment that you know of?
Currently planning out my long term trading goals now that i finally have a system down, so making sure im keeping it on the realistic side.
I dont plan on making 20 points a day or anything, but years down the line does 1600 points a year sound unreasonable?
Goal is to max out day trading 400 contracts (ES) and never go higher. Always risk the same amount per trade no matter what. Let profits run. 350,000 is the max i would have in my account to trade 200,000 worth of contracts. Not including commision that would be 32 million in a year. commision would probably be around 500,000 then taxes etc...but still is alot of money.
After 4 years i would have 50 million saved, and then use that to fund a seperate trading account to swing trade commoditys (1-4 months) for 500% roi a year. Ill never go above 50 mil, so 5,000 to 15,000 contracts depending on the commodity. At the same time ill still be trading the ES with the 400 contracts.
All in total it is a 15 year plan that will make after commisions and taxes right around 2 billion. After that retire happy. Its not a joke and i really believe its possible. Right now im saving up so i can refund a 5k account, except this time i really do know what im doing.
what do u guys think?
Currently planning out my long term trading goals now that i finally have a system down, so making sure im keeping it on the realistic side.
I dont plan on making 20 points a day or anything, but years down the line does 1600 points a year sound unreasonable?
Goal is to max out day trading 400 contracts (ES) and never go higher. Always risk the same amount per trade no matter what. Let profits run. 350,000 is the max i would have in my account to trade 200,000 worth of contracts. Not including commision that would be 32 million in a year. commision would probably be around 500,000 then taxes etc...but still is alot of money.
After 4 years i would have 50 million saved, and then use that to fund a seperate trading account to swing trade commoditys (1-4 months) for 500% roi a year. Ill never go above 50 mil, so 5,000 to 15,000 contracts depending on the commodity. At the same time ill still be trading the ES with the 400 contracts.
All in total it is a 15 year plan that will make after commisions and taxes right around 2 billion. After that retire happy. Its not a joke and i really believe its possible. Right now im saving up so i can refund a 5k account, except this time i really do know what im doing.
what do u guys think?