Good point. But you presumed that I was talking about consistently making that kind of profits. I understand that most and that most likely includes me, will lose money in stocks. And I understand that there will be a big potential for loss with highest gains potential. That's why I asked about loses. I'm obviously very green at this. Though I appreciate your response. How should I have phrased my question that would prevent an assumption that I'm looking for consistent monthly gains without any risk whatsoever?
You obviously have no idea how to trade. I guess it should be expected on this board. 95% of you guys on here are losers. Maybe you should think about another outlet or career bc trolling these boards with negativity really isn't productive. To the OP, learn to be consistently profitable in your trading and gains will come. Try to filter out most of what you read on this board, most of it is nonsense. Or don't, it doesn't make a difference to me.
The major consideration here is that in order to come anywhere close to meeting your goals, you must take on a high degree of risk. There are no large rewards without large risks. That is not just a cliche. It is a fact of life. But...you can't afford risk. Thus, you just can't afford to be in the game. The number one reason traders fail is undercapitalization. That's because you need a good cushion to learn from your mistakes, and survive the process. But you don't have it. You'll be toast before you even begin your learning process.
Funny thread.. 1) Insider info. Dig up some insider info that gives you 100% probability of success. 2) Find a 80-90% high probability trade that pays a risk to reward of minimum 1:2, then you can risk 25% of your capital to earn 50%. Of cause you only get one or two chances to hit the ball until the money is gone.