Is earning 1% per day enough?

#1
Is earning 1% daily enough as a day trader?

I understand there cannot be a consensus on this since, these are more individualistic and depends on mindset of each person.

My returns through the last 1 year has been around 15% per month.

I wish to trade more, but, only if it is realistic to expect more from the markets.
So want to understand what ur thoughts are...

Experts and successful traders, please respond
 

crown

Well-Known Member
#2
Is earning 1% daily enough as a day trader?

I understand there cannot be a consensus on this since, these are more individualistic and depends on mindset of each person.

My returns through the last 1 year has been around 15% per month.

I wish to trade more, but, only if it is realistic to expect more from the markets.
So want to understand what ur thoughts are...

Experts and successful traders, please respond
:clap:
The results are enough to think of you as an expert.
and yes, i think you can definitely increase your gains
 

jagankris

Well-Known Member
#3
Is earning 1% daily enough as a day trader?

I understand there cannot be a consensus on this since, these are more individualistic and depends on mindset of each person.

My returns through the last 1 year has been around 15% per month.

I wish to trade more, but, only if it is realistic to expect more from the markets.
So want to understand what ur thoughts are...

Experts and successful traders, please respond
Congrats !!!

15% return monthly is not ordinary.
An investment of rs 100 Compounding @ 15% per month will yield 535.025 rs at the end of the year beating even the most respected members of the investment community.
Percentages could be deceiving.
More the investment more the difficulty in getting the same 15%returns.

I am quoting here the power of leverage.
Your capital is 100 rs.
Assuming a broker is offering you 3 paise brokerage and 10 times leverage.
Assuming 20 trading days and 1 trade per day.
Turnover = 20*100*10*2 = 40,000 rs.
Brokerage = 12 rs which comes to 12%.

I wish I become a broker and make others earn for me risk free :lol:
 
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#4
:clap:
The results are enough to think of you as an expert.
and yes, i think you can definitely increase your gains
no sir

everyone in front of market are just humble students

I have also gone thru the rough patch....but never lost much in those learning phase, since i never over-trade

even last 2 or 3 months, i have been earning lesser than average....may be bcos of least movement in mkts

But whenever i see big moves, i always tend to think that i lost most of the moves...since i keep booking preset levels
And also my mind wavers when i see messages like 5 to 10% returns a day etc

So this question on returns per day (it may look silly to most though !)
 

alroyraj

Well-Known Member
#5
no sir

everyone in front of market are just humble students

I have also gone thru the rough patch....but never lost much in those learning phase, since i never over-trade

even last 2 or 3 months, i have been earning lesser than average....may be bcos of least movement in mkts

But whenever i see big moves, i always tend to think that i lost most of the moves...since i keep booking preset levels
And also my mind wavers when i see messages like 5 to 10% returns a day etc

So this question on returns per day (it may look silly to most though !)
It is a good start but different trades has different targets sometimes those are achieved in day sometimes a week. We have scalping trades 0.15% , swing/breakout 3-8% positional of >5%. Additionally we need to switch securities depending on what is profitable. These last few months would have been profitable for futures nifty trading if one held positions (preferable hedged overnight). So stock futures are more lucrative. So trading different types of trades (having higher risk reward ration) and selecting the right security and script is what gives alpha or higher returns for same risk.
 

MindlessTrader

Well-Known Member
#7
Is earning 1% daily enough as a day trader?

I understand there cannot be a consensus on this since, these are more individualistic and depends on mindset of each person.

My returns through the last 1 year has been around 15% per month.

I wish to trade more, but, only if it is realistic to expect more from the markets.
So want to understand what ur thoughts are...

Experts and successful traders, please respond
15 % per month is very good....180 % per year...:clapping:
 
#8
Is earning 1% daily enough as a day trader?

I understand there cannot be a consensus on this since, these are more individualistic and depends on mindset of each person.

My returns through the last 1 year has been around 15% per month.

I wish to trade more, but, only if it is realistic to expect more from the markets.
So want to understand what ur thoughts are...

Experts and successful traders, please respond
Earning 15% per month is really great. Mutual Funds and Markets have given a compounded return of around 17% for the last 30 years. Even Warren Buffets CAGR is around 22% Your compounded return per year may come more than 200% great..........
Could you elaborate which strategies you apply
 

aryan.

Active Member
#9
Earning 15% per month is really great. Mutual Funds and Markets have given a compounded return of around 17% for the last 30 years. Even Warren Buffets CAGR is around 22% Your compounded return per year may come more than 200% great..........
Could you elaborate which strategies you apply
No offence dude but dont get exited with someone's very high CAGR for 1 year , Warren buffet's 22% CAGR is for around 30 - 40 years, if I am not mistaken.
 

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