There were 3 questions by the OP. NONE were, "how much do you make?"
Ffsear has already addressed this. How much money a trader makes per month/year is a naive question. This depends on the size of your trading stake.
Quite obvious really.
The OP, quite smartly asked, what percentage do you...
Correct me if I'm wrong, but one of the questions the OP asked was how much do you look to grow your account percentage wise per year NOT how much do you make per month as how much per month is a silly question as it is relative to your trading stake.
If you look on the internet for evidence of failures for trend trading, you will always find them.
But, Some of the best most successfull traders in the world use trends and technical analysis as a tool for their trading. The fact that it was a trend proves it was succesful. The question is...
Re: Price Action Trading- Video
Of course achieving 30% in a month or even several months is achievable. But that is not what I asked you. I asked you if you are telling us you consistently achieve 30% each and every month? This means you never have drawdowns or losing months or losing...
Re: Price Action Trading- Video
Are you telling us you consistently average 30% profits per month for the entire year therefore criticizing one with 30% per year?
Not even close to being true. If you think you are trading without a stop you are delusional. Everyone has as stop. Sooner or later it will be either a financial stop or a time stop that will make you cry "UNCLE!"
You could make money for months and years and look like a winner until you...
Here come the stories of "I know this guy that made 300% last year" or I made 100% one year. We are talking CONSISTENCY. Everything else is called LUCK and very well documented.
Read this.......
Forums - Annual Returns for Prop Traders?
and this from TRADER FEED (from the owner of a Prop...
MARKET WIZARDS mathematics does not work. 2% per week CAN BE COMPONDED to over 250% return per year. It doesn't work because it is just pie in the sky theory which does not take all factors into consideration. Factors like losing streaks, drawdowns in your account, changes in the market which...
Wow! This thread had the best traders in the universe! They speak of what is possible and make 2-5% per day and laugh at 2% per week and justify their lack of fame and wealth by stating they do not compound because they need to pay bills.
Let me state the obvious and be blunt. This thread is...
Jeff; over 95% of traders eventually end up losers. At some point they they thought they were winners just like you. Yes, they were just lucky. This beginners luck has been written about and warned about many times, you just have to seek it out. The greatest traders (meaning returns and...
Anyway, congratulations at doubling your account 3 years in a row. Spectacular return which very few achieve. I still do not see the math to back up your claims.