How long would be a good result to trade with 1% profit per day, or 20% per mo

Hi, i am new to trading and trying to set some targets, please help me with some guide lines ant time frames.

Almost no one gets to 20% months. If you're new and you have your shirt at the end of the month you're doing well.

For the record, the 2nd richest man in the world and arguably one of the best traders ever, Warren Buffet, does about 30% per annum. You might want to lower your expectations considerably.

theHand posted:
Almost no one gets to 20% months. If you're new and you have your shirt at the end of the month you're doing well.

For the record, the 2nd richest man in the world and arguably one of the best traders ever, Warren Buffet, does about 30% per annum. You might want to lower your expectations considerably.

Admittably 30% out of tens of billions of dollars are way harder than making 30% out of 10000$. Especially in the stock market where you can't really trade low and even midcap with that much money.

That being said, most systems won't make you 20%+ a month over a long period of time, but 5-10% are doable on both the stock market and the forex market so long you don't trade large sums.

Thanks for your reply,

I am only trading demo now, so i still have shirt, it may change when i go live :)

What i meant is that it seams quite easy to score +1% on account with few scalping trades, it may not last very long so i thought how long do i have to keep it up to be considered as a result. Or it must be a catch somwhere.


Even that its demo, i try keep it as realistic as i can, i funded it with 1000 Euro, thats what i can afford to lose when i go live.