Can I make more than 20% profit?

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LOL\you may not believe this funny incident;
I was in he gasoline station , in line + the clown in front of me bought some lotto tickets [stupid tax on people that cant do math].
I asked ''you ever WON anything??''
He assured me he had not , but also assured me ,''came close'' LOL\LOL cant make this stuff UP

 

20% of what? Cash on cash or levered capital? Cash on cash, highly unlikely. levered capital, sure, that and more but it requires a lot of experience, skill and discipline.

 

since you are such an awesome paper trader, why haven't you done it in your sim account?

 

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BUT he may want to read the fine print on some 4x sites;
may lose all the money in account, but the better ones limit it to initial capital.LOL
SORRY i gambled for quarters as a kid , pool hall but comissions were to high to trade much.
Best way to lose max money + max % is lever UP when starting; especially opTions 4x, ES,SPXS + such . UPRO almost as bad =============================================================================================
Lotto+ leverage is a stupid tax on people that cant do math; some people get by with leveraged mortgage, but 100% of foreclosures are with leverage.

 

I can pull it off with no problem, max upper single digit DD, scalable into over double digit MMs.

 

but you still putz around with 20bp days

 

The question you should ask yourself is if it's possible to lose 20 % per month.

And since you're asking these kind of questions the answer for you is YES.

 

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GOoD points , good %\ but i would not worry about that.
But a foreclosure, bass boast repoLOL\ account blow up or ground down to zero\goose egg is a clue.
May want to invest in some more trade-invest books + IBD books if that happensLOL
May not\ my bro is a real hard head LOL

 

impossible to lose 20%. Just use stops and react to the market rather than predict the market.

 

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Exactly on not tryin' to predict, especially in SEPT\
or anytime.
Readin' a good read one time/ IBD book noted ''new traders want to much with to little work''
AMAZING, that applied to me even though I did well in 5-7 or other businesses ; amazing =capital markets. Live + Lifelong learn
But good thing for us M Steinhardt noted ''even an igNoramUs can do well LOL''
May not make 22%\ 20% , 12%\17.777%\6.66% but can do well................................................
May make >>>>>>>>> better than 17.777\ not with leveraged stuff learnin' but most anything is possible except super % learning with leverage usually.............................................................