Lots of monkeys here me thinks. (In which case most of what I write below wont apply to you. You most likely live with your parents.)
Some of you may disagree but Risk and Reward have a relationship.
If you want higher reward, you must be willing to take on higher risk.
SpiritBeing of obviously willing to accept more in order to acheive his target of 50%.
My account would never do 50% in a month, I'd quite happily take 50% a year NOW if it meant I could not have to come into work everyday.
Without talking ********, I really dont think its worth discussing any more. It's this simple.
Low Return - Low Risk - Government Bond
Low Return - High Risk - Lending your 18 yr old son your new 911 turbo
High Return - High Risk - Emerging market fund
High Return - Low Risk - Does this exist?! Some would have you believe so! Just click on your SPAM folder and read and follow any email with the subject heading "Lottery" or anyone claiming to be a lawyer/priest who REALLY need your help to send you money. "Bank account details saaaaaaar?!"
Or to put it another way, do Goldman Sachs offer government bonds and emerging market funds?
Yes.
You can work the rest out yourself.
i totally agree with the above statement 100%. lets be honest, if it was possible to earn 50%/month
consistently over a period of time, then who would bother with cash ISAs giving returns of 2%/year? who would bother with the best investment managers in the world yielding 20%/year? heck, lets get on the bandwagon and earn 50%/month?
i find that the mere suggestion of 50%/month return pathetically inexcusable tbh, totally ridiculous and until it has been proven for 5+ years consistently, i wont believe it and neither will ppl here on T2W believe it. if it did work, no doubt you'd be a multi billionaire as 50% compounded monthly for 5 years is a lot of noughts!
what i say is, let this thread run on, post your trade balance each and every month showing the 50% and we'll see if it lasts until the end of 2011....my thoughts are that it wont be long before we'd be ditching this thread into the bin entitled "another failed million dollar trading idea".
this is not meant to be criticism, its meant to be a wake up call. regardless of method, wake up to the reality that 50%/month is not achievable consistently, if im wrong, well you wont care because you'll be rich anyways.
take the challenge. lets see if your account grows the way you expect til the end of the year. otherwise, cut the crap and post something positively productive rather than the BS claims of get rich quick as it will just provide newer traders false hope and promise.
