It is very possible and probably using options skillfully, but I never liked the way these % returns are computed.
I'm more than happy with 30% per year. Even 20% is acceptable. With 15% I can still pay the rent. Why in the world would would I risk losing all my capital by trying to make 200% per year. Yes, it can be done. But its not worth the risk. I have a suicide forex account that I use for high risk trades. I made >400% last year on that account. But that account is only 1% of my entire portfolio. I would never risk my entire portfolio in an attempt to get high yields.
You're correct... I meant to say that in theory it's "POSSIBLE"... but such outcomes are truly RARE...
My forex manager manages about $80 million and he has paid profit of +39% for year 2009. In fact, he has been paying average profit of 3% per month for past 9 years.
although the figures presented are not entirely unrealistic, you have to understand that "my forex manager" is not a good example of reputable, audited track record that one would want to seriously discuss. i mean, madoff was paying for many years as well...
Start with 100 lots, 24 tics per day, increase size 20% each week. Results 100%+ after 4 weeks. Can make a lot more with more tics per day or more leverage. Can do it with the left hand while the right hand trades THE important account, with much lower returns and leverage. All mathematical mental calculations courtesy of he, who stops the flow of rivers. Lesser beings are encouraged to use a calculator or excel spreadsheet before excreting their uninformed opinions. Use ES market only to avoid distractions from lesser markets.