You may have occasional years of making 60%, but that's not going to be the norm. Set your sights on learning to earn 20%/year while protecting capital. Do that and you'll eventually have all the money you ever wanted. (Odds are you won't succeed, but is a worthwhile goal.)
re: lesson in compounding https://www.npr.org/sections/krulwi...grains-on-the-chessboard-con-with-a-new-twist
Scataphagos, Is it possible to for future day trader to make +20% per year? Especially if trading for a living, I guess you have no choice to make +20% if you want to eat
Years ago I thought of 20%/year as a baseline norm of good trading. But as interest rates have declined and the Fed "has had the market's back... fighting every decline tooth-and-nail", the 20% standard is forced lower. ("Reasonable volatility" is an asset to market players, you know.) 20% in a year at this time would be ~ 560 SP/ES points. That would be good work. Couple with your personal "leverage factor"... So... 560 points per year... 10-11 points/week.... 2-ish points per day on average. Is that doable? It's a worthwhile goal and could be attained if you're sharp and diligent.... but far from a "no brainer".