i think the important term in the subject is 'possible'. so maybe whats a realistic maximum for a single day of trading?
How much % a day is possible.
- Thread starter rateesquad
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i think the important term in the subject is 'possible'. so maybe whats a realistic maximum for a single day of trading?
I have another question: What % is possible when I take $100 and goto a casino and randomly put all available funds on black or red?
It certainly is possible to walk out with a few hundred million after a few hours, just gotta make the right trad... errrr bets.
To answer your question: It is 'possible' to make 10^10% a day in trading. Hope that helps.
nope. there are only a certain number of roulette spins in a single day. just like there is only a certain amount of movement in a given security every day. and its not 'reasonable' to assume you would win every spin while putting it on black or red, you'd have to factor in your losses into your estimation.
basically whats a reasonable maximum to expect for a retail trader? i think.
rather than trying to pick the semantics apart thus making the original question pointless, why not use a little intuition and context in order to provide an answer that might actually be useful to the ET community. rather than saying 'haw haw, if I take your question this way. it does'nt make sense! i winnar!!!11!oneone!!' or if you don't have anything useful to say. dont say anything at all.
im starting to think this is far too much to expect from a majority of the ET community though
a random system with a normal distribution. the maximum profit = maximum loss - spread - commissions. I personally think these questions are very similar. except the profit one is more 'happy'
Nice to see at least few level headed traders on this thread. Unrealistic trading expectatations is in and of itself one of the primary reasons trading is a losing game for the majority of traders out there - that and leverage.
Professional traders focus on the trading risks while the amateurs focus on the trading rewards.
Professional traders focus on the trading risks while the amateurs focus on the trading rewards.
look ... this is all relative
I believe this subject has been discussed before
example
account A ... makes 1% a day
account B makes .05 % a day
which account would you rather be ?
if account A is a 100 K account ... then 1 % of that a day is approx 1K nice !
however if account B is a 1M acct ...
this account is making 5K a day
I believe this subject has been discussed before
example
account A ... makes 1% a day
account B makes .05 % a day
which account would you rather be ?
if account A is a 100 K account ... then 1 % of that a day is approx 1K nice !
however if account B is a 1M acct ...
this account is making 5K a day
Well, this may be a tad off topic, but what the hell. Please consider this post a clarion call to system vendors everywhere. I'm looking to buy a trading system. In the normal course, I would want to double my money every couple days or so, but since I can devote only about five minutes a day (and not all at once) to this enterprise, I am willing to consider a more sedate and plausible rate of return of approximately 100% per week. To be compounded, of course. So, as you can see, I am not looking to get rich overnight. I simply wish to trade my way to financial infinity in the fullness of time. I cannot emphasize enough how vitally important it is to set reachable goals in order to achieve them.
I'll take the 5,000 a day
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I chose the "I lose money" option because...well, it's true, but also I dont day trade so if i make anything on a daily basis, it's only a paper gain...does that count?
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I chose the "I lose money" option because...well, it's true, but also I dont day trade so if i make anything on a daily basis, it's only a paper gain...does that count?