Hi,
I'm curious what "typical" annual returns career traders are seeing.
I'm really looking for feedback from seasoned folks who've been through a few business cycles. If you've only been trading for 12 months but managed to gain 200% over that time frame... this question isn't for you.
I know, for example, that if a larger managed fund returned more than 12%-15% yoy with low volatility, to be suspicious (see Madoff). I know some of the super-duper hedge funds can return 30%-40% annualized.
But they're a different beast from the rest of us. What about smaller traders with $100k-$2 million portfolios? How well are you doing on an annual basis?
I'm curious what "typical" annual returns career traders are seeing.
I'm really looking for feedback from seasoned folks who've been through a few business cycles. If you've only been trading for 12 months but managed to gain 200% over that time frame... this question isn't for you.
I know, for example, that if a larger managed fund returned more than 12%-15% yoy with low volatility, to be suspicious (see Madoff). I know some of the super-duper hedge funds can return 30%-40% annualized.
But they're a different beast from the rest of us. What about smaller traders with $100k-$2 million portfolios? How well are you doing on an annual basis?