trading 4 a newbie

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Old Oct 28, 2007, 3:33pm   #1
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I was just reading through some of the journals and blogs people have written, and is it really possible to make 2,000%+++ on trading in one year. Turning $30 into $1m seem abit extreme?? If so some tell tell me what they are trading
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Old Oct 28, 2007, 3:44pm   #2
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I was just reading through some of the journals and blogs people have written, and is it really possible to make 2,000%+++ on trading in one year. Turning $30 into $1m seem abit extreme?? If so some tell tell me what they are trading
Kam.
Anything is possible in the market.

That is not a realistic goal to aim for though.

Also, remember that percentage returns can easily be inflated. It all depends on how much money you start with.

I have made well over 2,000% in just 5 months but I started with an incredibly small amount of money.
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Old Oct 28, 2007, 5:16pm   #3
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Originally Posted by kam_007 View Post
I was just reading through some of the journals and blogs people have written, and is it really possible to make 2,000%+++ on trading in one year. Turning $30 into $1m seem abit extreme?? If so some tell tell me what they are trading
Kam.
Well anything is possible...

For example;

Garry 'Stretch' Turner, beat his own Guinness World Record; with 159 clothes pegs clipped to his face.
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Thanks! The post above is recommended by: bizmanny , TheBramble
Old Oct 29, 2007, 3:41am   #4
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Well anything is possible...

For example;

Garry 'Stretch' Turner, beat his own Guinness World Record; with 159 clothes pegs clipped to his face.
lmao
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Old Oct 29, 2007, 5:32am   #5
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Why didn't he use his bottom lip and eyelids? Maybe he was saving that for next year's world record, to guarantee a win.

Anyway, if you are new to the world of trading, Kam, I would recommend reading up on money management and discipline. Most vaguely profitable strategies will make you money, but without good money management and discipline the most profitable, killer strategy will bankrupt you.
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Old Oct 30, 2007, 3:07pm   #6
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kam_007 started this thread so for a small account it is possible to produce these returns and for a big account it isn't?!
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Old Oct 30, 2007, 3:12pm   #7
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so for a small account it is possible to produce these returns and for a big account it isn't?!
Kam
I would say that's more or less true.
All depends how "big" big really is
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Old Oct 30, 2007, 4:08pm   #8
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kam_007 started this thread hmm so what would represent 'BIG' £1m -- £10m???
sorry is it sounds elementary
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