Best strategies to start trading

You should be looking at CAGR.

 

Ok. So it's 7.7%. How many people on here beat that with their trading strategies? And what are the strategies?

 

Buy QQQ and you will beat SPY.

 

The mean percent return is misleading.

Using yahoo finance data adjusted for dividends and splits, on October 1, 1993, SPY had a closing price of 28.294117.

On December 20, 2019, SPY had a closing price of 320.73.

This corresponds to a compound annual growth rate of 9.70 percent.

 

Ok great.

Can we get back on topic? Or I'll just make a new thread to clarify the topic.

 

If you can make more money other than trading, why don't you focus on these other activities? Trading does not produce much social value, so the emotional satisfaction is lesser than if you can create wealth and social value at the same time with other activities. Besides, you only have so much time on hand. Why not focus on your other activities that generate the highest returns instead of trading?

 

That may be what I end up doing, but I don't want to miss out on an opportunity if trading can be possible. Especially if it's as easy as looking at some indicators to give me a buy or sell signal.

 

Yup, it's that simple.
Now, git out of 'ere.

 

I'm willing to guess you don't make a significant amount of money doing this.

 

Can you clarify what you mean by this?