Dislikedwhich is another way of saying something similar to what i said about 2 years ago (give or take)....Ignored
Why your broker is your friend and your enemy 4 replies
So what is your Return on Equity monthly or annual targets? 15 replies
dont fall in love with your daily return 11 replies
Dislikedwhich is another way of saying something similar to what i said about 2 years ago (give or take)....Ignored
DislikedHey Doug whats up!?! Last time I heard from you you seemed to be on the same illusion boat...no...?
Well anyways hope you learned your lesson, all traders have to mature sooner or later and accept reality.
I would advise those genius out there ( and they seem all to flock here at FF) to go trade for a hedge fund. If you make 10% per month, again 10% per month you can trade for GS have a six figure salary and a bonus on the end of 4TH quarter that can very well be on the double digits ending with a M.
But hold on........people...Ignored
DislikedHey Doug whats up!?! Last time I heard from you you seemed to be on the same illusion boat...no...?
Well anyways hope you learned your lesson, all traders have to mature sooner or later and accept reality.
I would advise those genius out there ( and they seem all to flock here at FF) to go trade for a hedge fund. If you make 10% per month, again 10% per month you can trade for GS have a six figure salary and a bonus on the end of 4TH quarter that can very well be on the double digits ending with a M.
But hold on........people...Ignored
DislikedHey Doug whats up!?! Last time I heard from you you seemed to be on the same illusion boat...no...?
Well anyways hope you learned your lesson, all traders have to mature sooner or later and accept reality.
I would advise those genius out there ( and they seem all to flock here at FF) to go trade for a hedge fund. If you make 10% per month, again 10% per month you can trade for GS have a six figure salary and a bonus on the end of 4TH quarter that can very well be on the double digits ending with a M.
But hold on........people...Ignored
DislikedSince april 11, he has sparked 263 replies all about the same question asked in the first post. May 7 and it still has you in here going at each other. Now, that is some return.Ignored
DislikedIf I may direct your attention to this thread:
http://www.forexfactory.com/showthread.php?t=121761
There are many traders making far more than 5-10% a month, in fact many make more than that in a week, sometimes a day, myself included....Ignored
DislikedIt's because managing a hedge fund gives you large performance fees. The top hedge fund managers make three to four billions a year, that's their take home pay. Trading your own money isn't gonna get you billions of dollars a year, unless you already have billions of dollars to start with. So basically the main reason why a profitable trader would trade for someone else is because of the extra income.Ignored
DislikedWould you seriously need an income of billions of dollars a year? If you build your account to $500,000 and make 10% a week thats an income of $50,000 a week which equates to $1,800,000 a year if you only work for 36 weeks of the year. So again, you would want to work for someone else....why?Ignored
DislikedOf course nobody would need that. But it would be nice. That's the kind of thing that divides the "have's" from the "have more's". The billionaires can just have a life-style which the millionaires cannot have.
Billionaires live in a different world, they have yachts, own several companies, a lot of luxury cars and buildings. And the best, they can positively influence many other people's lives, if they choose to. Well, and if becoming a billionaire means working for clients, then why not.Ignored
DislikedOh come on guys, traders should not be thinking in terms of how much percent return they make per certain period. Instead they should be focusing on trading without any deviation from trading plan.
Once they’re consistent in executing flawlessly, then all they need to do is analyze the expectancy of their method, size of losers, the distribution of losers versus winners, etc. They have to think in terms of “return to risk” MULTIPLES, and not in pips or percentage returns.Ignored
DislikedI understand where you’re coming from. Obviously the trading method has to have positive expectancy in the first place. ...Ignored
DislikedAs I see it, the key lies in whether it's possible to scalp profitably on the shortest TFs, where spread has relatively greater effect, and there is arguably more noise. If - and this is the crux of the matter - a scalper can attain a similar (net) profit factor to a position trader, then, everything else (e.g. risk per trade) being equal, the former's daily ROE will be ballpark comparable to the latter's monthly ROE.Ignored
DislikedIf I may direct your attention to this thread:
http://www.forexfactory.com/showthread.php?t=121761
There are many traders making far more than 5-10% a month, in fact many make more than that in a week, sometimes a day, myself included.Ignored
DislikedThese guys are the best of the best currently. Although they dont have long records to prove consistency, anywhere from 15% to 40% in a single year is earning them million dollar bonuses. You gun traders should definetly give J.P Morgan a call
http://energytraders.yuku.com/topic/486#.TfTEaFsbEYQIgnored