500k with 50% return

Quote from trend_guy:

After about 5 years real trading experience and after reading all the right books and material you should be able to make 50% per annum (on average) on a relatively small account (Million or less). In my experience, higher returns 50-100% are easier on smaller account, once you start getting into many millions it becomes a lot harder because you are limited to what you can play.
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I am ok with 5 years of learning and practicing.

What books or material do you recomend?

I do agree with you that sub million it's easier to move it around.
 
Quote from riskarb:

Not on ET, but I know of a guy in Europe that turned $10mm into >$100mm in under a year.
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this is some sort of arbitrage niche strategy, obviously.

surf
 
Livermore, Darvas, Market Wizards, O'neil, Zanger articles, start there

get very intimate with "the charts" until you can see the patterns when you sleep
 
Quote from fxmoney007:

You may laugh, but we did over 100% last year alone. If you are talking about compounding, I would say this differently. If you had 500k, and you brought that account up to 750k, then this means that you would have more leverage this is the case, and you trade consistently as you did before, you could triple that the next year.
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Trust me, I am not laughing at 100% last year. It's just a good motivator to keep going and know that it does happen. I am planning on using this money as a stepping stone for a few years and then move into a more consistant return.
 
Quote from LuckyPimp:

Trust me, I am not laughing at 100% last year. It's just a good motivator to keep going and know that it does happen. I am planning on using this money as a stepping stone for a few years and then move into a more consistant return.
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That's what everybody thinks... "I'm gonna leverage the crap out of this small amount until I build it up big where I can trade conservatively from then on..."

Usually doesn't happen that way.
 
I can consider myself as professional trader. I trade only stocks and make trades based on info/ fundamentals - no techincal crap. TA is bs, bs and once more bs. Basically, there is no room for TA ... everything moves cause of info, fundamentals, statistics or news.

Making 50% from 500K?
Honestly, its weak ..or lets say ok for start.
To make 1M pure profits from 500K is OK.
1,5M profits (in year) from 500K is good.
Can`t say impossible but to end year with 20M when u started year with 5M ..u must be insider.
 
Quote from notborrowable:

I can consider myself as professional trader. [...]

Making 50% from 500K?
Honestly, its weak ..or lets say ok for start.
To make 1M pure profits from 500K is OK.
[...]
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knock, knock...time to wake up....coffee almost ready.
 
Bitstream:
knock, knock...time to wake up....coffee almost ready

Weird to hear it from guy who have posted over 2700 comments here. I guess u don`t know nothing about trading ... only bubbling day after day.
 
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