Born or Made
Excellence in anything only depends upon one thing and one thing only and that’s Practice.
We wholeheartedly believe that some people are simply genetically predisposed to excel whilst the rest are not and it’s a popular theory because it does seem to confirm what we see on a...
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...
Where do you find the time to be so fantastically successful? You appear to post about 50 times a day, at 5 minutes each post that's 250 minutes or 4 hours and 10 minutes and yet you still have the time to be a day trader and be fantastically successful as you keep telling us all.
"I would of thought it wasn't worth getting out of bed for in relation to what I others were saying was possible."
You have hit the nail on the head. You will find many people saying they get great returns but where is the evidence? What we do know is that 99% of traders lose money, 95% of fund...
So what is your per annum return? For every £1 you risk what percentage is your reward? Your in the top 5% of traders, as you point out, so I would imagine you keep spreadsheets, ROI calculations etc and would have the information readily to hand and ready to post?
So you make 214% annually on your money? And you 'choose' not to compound? I don,t know if you realise this but £1000 compounded at 214% per annum would give you £90 million in 10 years! In reply to Evertontraders original post, let me say you will hear nothing but " I would'nt get out of bed...
Considering Warren Buffett has made 22% per annum over 36 years and the S&p 500 returns about 8% per annum on average, I would say 15% is excellent. Does any trader on these boards make a better return per annum?