Discussion in 'Professional Trading' started by simonee, Oct 24, 2005.
Is it hard to trade with a 10% profitt every year?
I think its very hard, if you are not a super trader..or?
this is a broad question, you have to more specific.
If you have have a 10k account, making 10% is not hard yearly for the next 10 years is not hard. But if you have like a 10 or 100mil account, its a lot harder.
Sorry, you are right!
Lets say a 100k account, and is there any specific instrument to trade with that is less risky (sorry for my English, Iam from Sweden).
considering there are risk free FDIC insured CDs @ 5%
and savings account @ 4% per year, risk free.
10% doesn't sound too far fetched..
Hello Simon: The question back to you is: Who is doing the trading? The ability of that person is the key to your answer.
If it was someone who has a PROVEN track record of at least 10% or higher with low drawdown, I'd say yes.. If the person your thinking about using (yourself?) has no proven abilities, I'd say the chances are your headed for a loss since it's widely accepted that beginners loose more then they gain for quite some time. Go with the odds. agpilot
Why the need to make 10% every year? Why not make 20% then lose 10%, on and on. Or make 40% and lose 50% once every 5 years and youd be rich in no time. Spend some time with excel
Thanks for the replys!
Its not a must to make 10% every year, it could be win 20% than lose 10%.
But is 10% a hard to achive?
It's not hard to make 10% a year, the problem is when you make 10%, you want 20%, then 30%, and then lost control and blow up your account.
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