Thread: Profit 1% a day 300 % a year

Originally Posted by ;

8% weekly return if a person began a new year with $1,000 account gets close to $55,000 by year end. Impressive if it's actual results and you may keep it up. If anyone reads Futures magazine it shows some of the greatest traders averaging something like 20/30% for any specific season and a lot of the best positions on their list change year to year. Anytime you are in double digits for the year you are doing something. 0.5 to 1.0% monthly compounded is double digits. Trading is a not an option to hitting Lottery. There's not anything wrong with attempting to get as much as could be expected out of every trade. The issue is attempting to reach for more than it will provide you or more than your account (dimensions ) could generate.

I believe that hte difficulty here, with all the OP, is that he's going about this backwards. Rather than attempting to receive 1% each day, try to get 1 great trade a day. If you're able to make great trades more frequently than not, your 1% will follow.

Now that could make sense and eventually dollars but some would rather talk concerning percent. As you say it's more difficult to think in trading right as opposed to the cash involved.

Originally Posted by ;

I am sorry guys but I just don't get this xpercent / Day goal.

I know a few of my most recent posts to the board have been, shall we say, quite cryptic. So on this point I will attempt to be more direct.

I have said before that while Training New Traders I gave them a Daily Desk Limit. Win it or Lose it along with your day is completed. No Longer Trading. Review the day.

This was fine in the very early days of the Trading as it had been intended not so much to set a Limit in their Gains/Losses but more to put a limitation on how long...

only a big thanks to it! You do not know from just how much caked saved me, even I do not know

Originally Posted by ;

Hi,
I am posting this thread for the scond time.
I have one reply.But this is quite imoortant to secure more opnions.

Do you think some one could have 1% profit in average?
Example: - You can begin with $10K and following year, he gain $45K and dropped $10K so the net gain is $35K signifies 1% profit each day.
[color=black]Do you think this instance is artificial and impossible to get?lt;? xml:namespace prefix = o ns = urn:schemas-microsoft-comfficeffice...

1. 10K 45K-10K= 45K
2. 10K-10K=Move home

It depends upon which one of the aforementioned two happens first.