500k with 50% return

I am ok with 5 years of learning and practicing.

What books or material do you recomend?

I do agree with you that sub million it's easier to move it around.

 

this is some sort of arbitrage niche strategy, obviously.

surf

 

Livermore, Darvas, Market Wizards, O'neil, Zanger articles, start there

get very intimate with "the charts" until you can see the patterns when you sleep

 

Just learn from your friend. Don't try to time the market. Long value investing is a way to go.

 

Trust me, I am not laughing at 100% last year. It's just a good motivator to keep going and know that it does happen. I am planning on using this money as a stepping stone for a few years and then move into a more consistant return.

 

That's what everybody thinks... "I'm gonna leverage the crap out of this small amount until I build it up big where I can trade conservatively from then on..."

Usually doesn't happen that way.

 

I can consider myself as professional trader. I trade only stocks and make trades based on info/ fundamentals - no techincal crap. TA is bs, bs and once more bs. Basically, there is no room for TA ... everything moves cause of info, fundamentals, statistics or news.

Making 50% from 500K?
Honestly, its weak ..or lets say ok for start.
To make 1M pure profits from 500K is OK.
1,5M profits (in year) from 500K is good.
Can`t say impossible but to end year with 20M when u started year with 5M ..u must be insider.

 

knock, knock...time to wake up....coffee almost ready.

 

lmao. no.

 

Bitstream:
knock, knock...time to wake up....coffee almost ready

Weird to hear it from guy who have posted over 2700 comments here. I guess u don`t know nothing about trading ... only bubbling day after day.