OK, that's a monthly chart of S&P. What do "price action and volume" tell you as to next month's move? S&P up or down?
100-300% Yearly Returns Discussion
- Thread starter JoshM
- Start date
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lovethetrade
Yes, frequency! It doesn't have to be high frequency. Increasing trade frequency from 1 trade a day to an average of 5 trades a day can have a dramatic effect on returns.
The prerequisite of course is to be able to trade well enough to exploit the available opportunities.
didnt read the whole thread..
1: Yes people have made 100% per year, 500% per year..
Dr. Kacher made 18,000% in like a year..
Ive made 1,000% in 1 month (over 500 trades)
On a small account ofcourse, no way in hell i would be able to manage these gains with an accounts of like 10mil.
Warren Buffet stated himself the lower the account is in equity the more opportunities you have and are able to higher return..
Then theres numerous other people who show their results like Tim Grittani who made something like 10,000% gain in 3 years, M.Owens 2,000% in 2 years.. and so many others..including someone from real life who trades Fx.
Personally i stopped counting my % gains.. i started with 33,000 im at 145,000 now after 7 months..
Ive got my MECHANICAL TECHNICAL Strategies who give me a very nice profit factor, i just trade them in and out each day.. only time i care for news is when big events occur (brexit, trump)
There are 2 groups of people on forums.. the newbies and the misserable experienced traders...
The newbie either takes their melodramatic advice and loose all faith and motivation, in the end this newbie ends up being another soldier in the army of melodramatic pessimistic "experienced traders" on the forum.
Well you see.. people who actually make it big, either trade 30% profit every year on a 10bil dollar account.. or grow their small accounts from 50k to 1 mil.. they never visit forums.
If you run an account with over 1 bil = 30% is very good
100mil-1bil = 50% is very good
10-100mil = 70% is very good
1-10mil= 100-150% is very good
100k-1mil = 200-300% is very good
1k-100k = anything is possible
The market is not a job, sports is not a job, music is not a job.. its a category for the very few % of people who sacrifice enough and have just enough of originality to make it through.. only their passione and motivation and creativity can tell them how much % gain they can make per year.
Honestly when i read someone that is happy with 10-30% per year i cringe a bit.
1: Yes people have made 100% per year, 500% per year..
Dr. Kacher made 18,000% in like a year..
Ive made 1,000% in 1 month (over 500 trades)
On a small account ofcourse, no way in hell i would be able to manage these gains with an accounts of like 10mil.
Warren Buffet stated himself the lower the account is in equity the more opportunities you have and are able to higher return..
Then theres numerous other people who show their results like Tim Grittani who made something like 10,000% gain in 3 years, M.Owens 2,000% in 2 years.. and so many others..including someone from real life who trades Fx.
Personally i stopped counting my % gains.. i started with 33,000 im at 145,000 now after 7 months..
Ive got my MECHANICAL TECHNICAL Strategies who give me a very nice profit factor, i just trade them in and out each day.. only time i care for news is when big events occur (brexit, trump)
There are 2 groups of people on forums.. the newbies and the misserable experienced traders...
The newbie either takes their melodramatic advice and loose all faith and motivation, in the end this newbie ends up being another soldier in the army of melodramatic pessimistic "experienced traders" on the forum.
Well you see.. people who actually make it big, either trade 30% profit every year on a 10bil dollar account.. or grow their small accounts from 50k to 1 mil.. they never visit forums.
If you run an account with over 1 bil = 30% is very good
100mil-1bil = 50% is very good
10-100mil = 70% is very good
1-10mil= 100-150% is very good
100k-1mil = 200-300% is very good
1k-100k = anything is possible
The market is not a job, sports is not a job, music is not a job.. its a category for the very few % of people who sacrifice enough and have just enough of originality to make it through.. only their passione and motivation and creativity can tell them how much % gain they can make per year.
Honestly when i read someone that is happy with 10-30% per year i cringe a bit.
Agree and i´ve solved this issue, put some more effort in to it and you might too..
Sure, its good to be optimistic but one thing nearly every long term successful trader has is a realistic view of expectancy. Shooting stars are all to common to new traders- the problem is keeping it, making large gains goes hand in hand with taking huge risks and blowing up. Having a sustainable long term ROR over 20% is exceptional no matter what the account size is. Its fun to dream you will be one of those rare birds that bucks the odds and becomes one of the best traders of all times - but even than most of them blew up a few times before adding in a sound risk management system so as to go the distance. Think big, but keep the feet on the ground and do track your performance to avoid selective memory, which is recalling only the winning periods and overlooking the loses.
"making large gains goes hand in hand with taking huge risks and blowing up." please can people stop pulling "facts" out of their behinds.. one trader might spend 2-3 months developing a strategy with 1.3 profit factor, one might find 1.9 profit factor.. one might find the best one with 1.5 profit factor but which gave 3-4 trades per day..
The more gains you want, the harder and more work you have to put in.. it has nothing to do with more % risk..
"Having a sustainable long term ROR over 20% is exceptional no matter what the account size is"
No its not exceptional, it just means you have found a somewhat profitable strategy and learned to deal with losses.. you have began profiting.. you have just entered the realm of trading for real.. 20% is exceptional on a billion dollar account
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That is of course not true. It is all about balls and risk. Working harder doesn't make you more profits but having balls and taking riskier trades does...