Average Rate of Return for Day Traders

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Old Nov 24, 2017, 2:00pm   #1
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Average Rate of Return for Day Traders

We've just published a new T2W article called "Average Rate of Return for Day Traders" by Dan Blystone.

Quick Summary: Dan Blystone looks at the evidence to determine how successful day trading is.

PS. Don't forget to rate the article after you've read it and share your comments on this thread.
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Old Nov 24, 2017, 3:25pm   #2
 
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Originally Posted by T2W Bot View Post
We've just published a new T2W article called "Average Rate of Return for Day Traders" by Dan Blystone.

Quick Summary: Dan Blystone looks at the evidence to determine how successful day trading is.

PS. Don't forget to rate the article after you've read it and share your comments on this thread.
Actually I do like this article...
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"If you don't find a way to make money while you sleep, you will work until you die." Warren Buffett, CEO of Berkshire Hathaway.

Count de Money number 1 trading rule: EDUCATE YOURSELF!

Before you trade even single penny on the stock market, please spend the time and educate yourself by back testing different trading strategies and ideas - go to eBay and search for "historical stock market data", you can buy 20 years of data for less than $100 - that's all you need to start.
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Old Nov 26, 2017, 9:20pm   #3
 
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Average rate of return for day traders

Day trading is definitely mug money. Why would you risk so much for so much hard work for so little reward? The appeal is of course that it provides easy answers that people want to hear. Evidence of the pathetic growth rates to be made is simply ignored lest it burst the bubble of lying on the beach with the yacht in the background earned after 2 or 3 years in day trading.
The reason the data for growth rates in day trading is so vague is quite simply because itís probably non-existent. If someone out there was making Stella growth rates weíd probably hear about it, but we donít.
On the other hand there is someone who has all the books, accounts, data etc to prove their annual average growth rate and thatís the fourth richest guy in the world, Warren Buffet. Absolutely no vagueness there, this guy has returned an average annual growth rate since 1965 of circa 20%.
Now, if warren buffet is making 20% a year we can safely say thatís a good growth rate. Any trading system or investment system that is beating the stock market return of 8% a year and getting near 20% per year return is doing very well. All you need then is capital and compound interest will do the rest.
If thatís not what you want to hear then stick to day trading.
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Old Dec 12, 2017, 8:48am   #4
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Originally Posted by paramaniac View Post
Day trading is definitely mug money. Why would you risk so much for so much hard work for so little reward? The appeal is of course that it provides easy answers that people want to hear. Evidence of the pathetic growth rates to be made is simply ignored lest it burst the bubble of lying on the beach with the yacht in the background earned after 2 or 3 years in day trading.
The reason the data for growth rates in day trading is so vague is quite simply because itís probably non-existent. If someone out there was making Stella growth rates weíd probably hear about it, but we donít.
On the other hand there is someone who has all the books, accounts, data etc to prove their annual average growth rate and thatís the fourth richest guy in the world, Warren Buffet. Absolutely no vagueness there, this guy has returned an average annual growth rate since 1965 of circa 20%.
Now, if warren buffet is making 20% a year we can safely say thatís a good growth rate. Any trading system or investment system that is beating the stock market return of 8% a year and getting near 20% per year return is doing very well. All you need then is capital and compound interest will do the rest.
If thatís not what you want to hear then stick to day trading.

If youíre proficient at day trading you will earn money .....if you are bad at it you will lose money

Thatís it.......
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