Friends,
I have been scratching my head all through............seeing posts which claim to have scored about 300% per annum.
I would like to have honest feed back so that I can test a system so as to expect atleast a medium rate of return.
Request all successful traders, seniors to give their feed back in this thread.
Hello,
No one's answer/explanation will satisfy u....b'coz no one knows ur comfort level/risk level......
every trader has gone through this state/type of thinking.....to help u out in this...here are some points u need to consider......
1) Intial Capital ur willing to put in ur trading....as ur intial capital increases u can expect/happy with low returns...
lets say trader "A" has put Intial Capital of 100000 and trader "B" has put Intial Capital of 500000. in this Scenario Trader A can/may/want to expect more returns than trader B(u know the reason)....so IMO Intial capital is responsible/impact when expecting returns...
2)After deciding ur Intial Capital u need to decide ur Trading vehicle...in which ur expecting(possibility of having) ur desired returns.
3)After this u need to design ur trading System based on ur trading vehicle and ur risk parameters...
4)In ur trading system ur Risk parameter is having direct impact on ur returns ...so choose wisely and always be conservative/defensive....
5)above all u need to have solid trading psychology...to convince urself to the decisions u have taken/made(like why ur trading?...what if u loose m oney?....how much time ur willing to spend?....and so on).
.Trading systems are easy to modify to suite ur psychology.
Regards,