Is consistent 20 percent profit/Mo possible?

corei · Apr 30, 2009

Is consistent 20 or even up to 50 percent profit/Mo possible?.

Some people claim that they can earn 20-50 pct/Mo profit consistently through intraday trading..From my newbie perspective , I find it hard to believe because if you can achieve that, you will be a very rich person in not too long time, even most veteran money manager are not able to achieve this.

But I might be wrong, comments please.

Rossini · Apr 30, 2009

How much money you are managing trading has a lot to do with it.

HaloTrader · Apr 30, 2009

Investments, day-trading, swing-trading can all make 20%.....These ways of trading CAN do it.

Can you? Is a different question and one no1 on here can answer.

I think the thing about trading is that if you can make 10% consistantly, you can make 20% consistantly, most people can't get any consistancy at all... Day-traders aim for 2-4% per day.

I've been day-trading the FTSE100 and two weeks of trading and i'm @ 9%, i don't see why this should stop, especially considering i went on a 8% losing streak during this...

Dunno about you tho

Technically Fundamental · Apr 30, 2009

Depends on your equity like rossini said or your risk

risk = large returns > danger

corei · Apr 30, 2009

Say a $20.000 acct

Rossini said:
How much money you are managing trading has a lot to do with it.

fifty2aces · Apr 30, 2009

corei said:
Say a $20.000 acct

In that case, yeah, it probably would be possible. Then again, it's possible to run 100m in under 9.8 seconds - that doesn't mean most people will ever be able to do it.

Mr. Charts · Apr 30, 2009

A $25000 account lets you day trade US stocks direct access into the market.
Margin normally 4:1
Check out the link below my signature for examples using just one set up.
Richard

Technically Fundamental · Apr 30, 2009

shut up charts

Mr. Charts · Apr 30, 2009

malins,
you're such an infant

corei,
If you drop me an email, (click on my nick top left corner- send email), I'll explain in more detail.
I really can't be bothered discussing your valid and serious question on an open thread if malins wants to display his usual childish,ignorant and disruptive behaviour.
Richard

Technically Fundamental · Apr 30, 2009

Oh shut up charts I was only messing about. Lose some money today did you? lol

Mr. Charts · Apr 30, 2009

see what I mean.........?

megamuel · Apr 30, 2009

Shut up Malins

Technically Fundamental · Apr 30, 2009

Sorry. I'll just die shall I.

Bloody post the guys answer then Chartsy. I actually listen to you when you talk sense.

Mr. Charts · Apr 30, 2009

Anybody (almost anybody) wanting the same detailed answer to corei's original question is welcome to email me (NOT PM).
Richard

Technically Fundamental · Apr 30, 2009

whats your email?

vinicius · Apr 30, 2009

Aaronmalins said:
whats your email?

What is wrong with you mate? Lol..

Stop this unnecessary ****ing jokes.. People starting get up-sad..!

One more Spanish89?

(not me.. I usually like your posts, laugh a lot)

HaloTrader · Apr 30, 2009

.... You know when people say

'OMG THIS REALLY FUNNY THING HAPPENED EARLIER.....'

Its always really unfunny and awkward.

...Okay.

Mr. Charts · Apr 30, 2009

corei, I'm in the middle of replying, will continue later/tomorrow.
Richard

Mr. Charts · Apr 30, 2009

corei,
I've just sent you an email and attachment and it's bounced back.
Please send me another email address and I'll try again.
Best wishes,
Richard

Mr. Charts · May 1, 2009

Everybody should now have received my emailed answer and attachment.
Anybody who hasn't or who wants the reply, just email me.
Richard

Is consistent 20 percent profit/Mo possible?

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