It is not easy. The old saw still rings true. If it was that easy, everyone would be doing it.
Hi mate long time no hear !
;-)
Been off on a sabbatical, find that that clears up the mind no end if one does that with some regularity where boards are concerned.
Re this thread:
Not saying that everyone can manage it, most definitely not, but it most definitely is very possible:
http://www.trade2win.com/boards/gen...8-what-return-would-you-expect-make-year.html
Lot of prop traders regularly make
50 - 100% per month !
50% per month ends up in annualized
13000 % !!!
Of course it's not compoundable, but still.
Or take this guy Paul Rotter, one of the biggest EUREX traders:
http://www.trading-naked.com/paul_rotter.htm
Or Dan Zanger:
http://www.trade2win.com/boards/tra...hy-dan-zanger-richer-than-most-traders-2.html
Or remember Maggi ?
He is still around and posting on a German board, doing extremely well for himself, here is his trading challenge where he achieved
55000 % in one month over 3000 trades:
http://www.trade2win.com/boards/general-trading-chat/44624-55000-one-month.html
I honestly believe that someone who wants to trade for a living and can't make at a minimum 10 to 20% per month is doing something extremely wrong.
Have a talk with arabianights or twi who is / was at a prop firm (twi was the one who originally posted the returns of his fellow prop traders, he is at a hedge fund now), they'll confirm that.
There are a lot of things that are achievable. Doesn't mean everyone will, but enough do, and consistently at that.
Market Wizard Marty Schwartz is another candidate who springs to mind who proved that average returns of 33% per month where very consistently achievable over several trading competitions that he entered with real money multi hundred thousand dollar accounts.