How much should I earn in trading per day

L

learn2trade08

Guest
#24
dear friend,
if you are losing 15% on paper trading in one session and in another session if you made 40% profits,then i am afraid to say you have a disease...its called gambling...heal it first before you go for live trades else u will loose everything even before u understand what trading is all about.
all the best and no offence meant.
:)



i think there is an opportunity to make anywhere from 0 to 50% in one single day and one single trade. its upto the person, his strategy, and the market in his favour. believe me i made 40% in one single trade on january 7th 2009. so far i never had such big profit or loss. but i gtta admit i am a newbie and i was paper trading that time.lolz.
but the thing we need to watch is the strategy, i always use full leverages.i have lost upto 15% of my capital intraday, but again all on paper.
i do dis every day same strategy and full leverages,
and end of the month it gives me a result of anywhere from 50- 200% no kidding
cheers!!!:)
 
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#25
Is is almost impossible..making 1500-500 per day on daily basis.
Even if you make Rs50/- Per day that is substantial amount of profit on the capital invested. Rs 50 x 200 (working days) = 10000.. Even if you make Rs50 per day consistently then it will double your capital. 2nd year 20000 3rd 40000 4th 80000 5th 160000 6th 320000 7th 640000 8th 1280000 9th 2560000 10th 5120000 11th 1.124 cr 12 th 2.48 13th 5 14th 10 15th 20
16th 40 17th 80 18th 160 19th 320 20th 640 21th 1280 22nd 2560 23 5120
24 10240 25t 20480 26 40000 27 80000 28 160000 29 320000 30 640000
So U will have 640000 crores on the 30th year if you trade for 30 years and make 100% profit every year... even RS 50 per day multiplied by 200 working day becomes 50 x 200 = 10000 . So dont dream more than that.Any comments reply.
dear friend nothin is impossoble, trust me , i agree we cant make money every day, but on average yes its possible.
 
#28
dear friend,
if you are losing 15% on paper trading in one session and in another session if you made 40% profits,then i am afraid to say you have a disease...its called gambling...heal it first before you go for live trades else u will loose everything even before u understand what trading is all about.
all the best and no offence meant.
:)
not offenced my dear:), the maximum loss i ever had in one day was 15% but that was two trades, 15% is the maximum loss i can take in one day (according to the position sizing), its all about sticking to d plan every single day, i dont care if i loose 15% one day, all it matters is what ur account looks like end of the month. and i dont consider trading with gambling, its a bussiness, its a hobby, and i would like to make it my career, but slowly and sloooowly, that's the reason i am paper trading for now.
"U WILL NEVER GET MORE THEN WHAT U WANT...."
So i will stick to dat what i said, there are opportunities to double your money, in one month, we need to have an excellent plan and we need to STICK to it.
cheers..:)