Post
Topic
Board Trading Discussion
Re: Making 1% Daily
by
gopnik
on 01/10/2018, 19:24:25 UTC
let me tell you this

it is absolutely imossible, especially now that the market has crashed and entered correction. In a sideway market you will lose 90% of the time

1% per day means that with a starting capital of $10,000 you would end up with $14,275,879 in 2 years (compouned). How realistic does it look?

The top shot traders in the largest banks rarely manage to do better than 20-30% a year; and these are professionals with the best tools and the best edge in the world, as they can move the market with the large sums they invest

You can make 1% one day, but you will lose 20% the next day; consistency and risk management is everything

The best way to make money in this industry is to be the broker; you make money 24/7 whatever happens and milk retail traders moving the market in your direction