Swing trading as a beginner

C

Curien3

Hi everyone. I recently started looking into swing trading. As a 20 Y/O I do not care about living out of the market, as long as I increase my capital nice and steady. I have been looking into investing for a long time now and I am in it for the long haul. Problem for me is that an 8% return per year I can get out of the market isn't quite enough so I am searching for another alternative. I am not here to get rich, I am happy with a 2% return per month, as I don't know what is reasonable.
So, I have no expenses, make a steady income of about 1,500$ a month and have a starting capital of around 13,000$. What do you guys think I should expect in terms of return? How reasonable is 25% per year? In addition, how long can I expect this process to become profitable?
 
Curien3 said:
Hi everyone. I recently started looking into swing trading. As a 20 Y/O I do not care about living out of the market, as long as I increase my capital nice and steady. I have been looking into investing for a long time now and I am in it for the long haul. Problem for me is that an 8% return per year I can get out of the market isn't quite enough so I am searching for another alternative. I am not here to get rich, I am happy with a 2% return per month, as I don't know what is reasonable.
So, I have no expenses, make a steady income of about 1,500$ a month and have a starting capital of around 13,000$. What do you guys think I should expect in terms of return? How reasonable is 25% per year? In addition, how long can I expect this process to become profitable?
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25% compounded over the long run is world class.
 
Curien3 said:
How reasonable is 25% per year?

In addition, how long can I expect this process to become profitable?
More...

You ask questions that can be all over the map, but to simplify and be direct about things...

For the average man/trader to expect 25% a year out of the market is laughable -- But who knows, you just Might be a rare Elite trader, o_O

It's up to you...how long, or short, your trading career will be,...depending on your risks levels and talents,

Some very rare people make 10,000% per year -- While others Owe money...more than their initial trading acct deposit,
 
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Focus on keeping risk in check, not targeting a reward. You make money by staying exposed to the market. You keep money by limiting that exposure.
 
lawrence-lugar said:
You ask questions that can be all over the map, but to simplify and be direct about things...

For the average man/trader to expect 25% a year out of the market is laughable -- But who knows, you just Might be a rare Elite trader, o_O

It's up to you...how long, or short, your trading career will be,...depending on your risks levels and talents,

Some very rare people make 10,000% per year -- While others Owe money...more than their initial trading acct deposit,
More...
I have to disagree. Making 25 percent return per year is very possible. Even for an average trader. Anybody that is considering swing trading should consider the risk of holding positions overnight during low volume/closed markets. My reccomendation would be to use options.
 
lawrence-lugar said:
You ask questions that can be all over the map, but to simplify and be direct about things...

For the average man/trader to expect 25% a year out of the market is laughable -- But who knows, you just Might be a rare Elite trader, o_O

It's up to you...how long, or short, your trading career will be,...depending on your risks levels and talents,

Some very rare people make 10,000% per year -- While others Owe money...more than their initial trading acct deposit,
More...
I actually thought 25% is WAY too low. I mean, if I can make 8-12% on average by buying the market, why sweat and risk swing trading.
What's your estimate then?

BTW I did lose some money daytrading while I was 18, but I am familiar with risk managing strategies.
 
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Traderjohnsblog said:
It depends on your trading style/risk tolerence but you should be doing better than 30 to 35 percent.
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Really...30-35 %. so this beginning trader will be in the same league as some of the all time greats ?

my 2 cents....start with small, really small, position size.
 
sss12 said:
Really...30-35 %. so this beginning trader will be in the same league as some of the all time greats ?

my 2 cents....start with small, really small, position size.
More...
Sure why not? Trading is a skill. Learn the skill, do the work, make the money.
 
Curien3 said:
Hi everyone. I recently started looking into swing trading. As a 20 Y/O I do not care about living out of the market, as long as I increase my capital nice and steady. I have been looking into investing for a long time now and I am in it for the long haul. Problem for me is that an 8% return per year I can get out of the market isn't quite enough so I am searching for another alternative. I am not here to get rich, I am happy with a 2% return per month, as I don't know what is reasonable.
So, I have no expenses, make a steady income of about 1,500$ a month and have a starting capital of around 13,000$. What do you guys think I should expect in terms of return? How reasonable is 25% per year? In addition, how long can I expect this process to become profitable?
More...

Hi Curien,
The word *profitable* has a very common meaning. Most of the guys think that profitable mean when the trader starts to make his money without any mistake or loosing trade at all. That is not true. Profitable mean that your wining trades are more than your losing trades. I do not want to discourage you but this process took me over 10 years. March 2016 - I was almost finished with this when I decided to try a strategy described from veteran trader with more than 30 years experience on the financial market. I hold this last trade four days and using pyramidal order accumulation I took back all my money which I lost over the years. This success gave me a new hope. I left a side all my knowledge and I started to learn again.
 
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