I guess ignorance is bliss afterall. Be well.
Can a single individual annually earn like 70% to over 100% in the long term?
- Thread starter GloriaBrown
- Start date
I guess ignorance is bliss afterall. Be well.
Be well too.
And keep me posted if you open your own 250% profit a year hedge fund, I will sign up immediately.
I am sick and tired of making only 35% a year with Medallion Fund by Renaissance Technologies
@xelite777 if you re-read my post with a little more diligence, you can see that I am quoting these numbers for individual retail traders. I have also clearly stated the argument in favor of why funds would make a lot less.
I can relate to your delight of 35% returns from a fund. Those are phenomenal numbers. However, when we come to retail traders, 30-60% for position traders, 75-100% for swing/short-term traders and 200%+ for day traders is possible, if those traders are considered as "very good" in their field.
In regards to opening a fund, it's always been a no-go for me. After you make over a certain amount a year, the law of diminishing returns applies to the "happiness" it brings.
Most that enter this business do it for the "freedom" it eventually brings. A life of a fund manager is bearing the burden of those heavy chains put around their necks. In saying that, I have the utmost respect for them as it takes a unique individual to survive that environment.
Regards,
Alpha.
Who ever mentioned "in a row" or "consecutive"? Did you miss the part in my comment that said "with keeping losses as small as possible"?
There are no assumptions in trading; it's either there or it's not. The trade doesn't always have to reach your target. Sometimes you have to take what the market gives you. It's called trade management. Also, I do not use hard stops, unless I move away from the screen.
It's very real my friend. As @stock777 would say: Those that know ain't saying, and those saying don't know.
For the guy who I mention in this post, he is all in all out style.
Gloria, I can't comment on his style. Regardless of how he trades, people have their own niche and style and if that provides for his optimal set up, then he is confident in placing his trades.
Consistency, though is the key. Traders that posses that quality, tend to have a higher rate of success and the financial returns can be very rewarding.
Almost impossible when we are talking about every year in over 10 years in long run.
The very famous guys in financial field can personally make around 20% in average, while famous fund can make little bit less than 15%, around 10% to 15%. I think it is the size different to create that 5%-10% gap.
Over the long term, yes. Per year, possible, but we're talking outliers kinda returns here. So not likely for most folks.
Which one?