The Final Frontier - Online Remote Trading Message Board

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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: Eric P who wrote (2166)	1/6/1998 9:00:00 PM
From: Richard Estes	Read Replies (1) of 12617

"For example, assume a good trader is able to achieve annual returns of 100% on his/her $100k account. After only two or three years, the trader now has $400-800k in his account to manage" Do you think he might spend some of the money? Computers,programs, commissions, feeds, etc. besides his personal expenses. Wouldn't you guess that only about 1% can turn 100% a year? if you don't, I bet you play the lottery. 100% a year is certainly possible to a very small percent of position traders but I would like to hear how a "day"trader can do it. $392.16 a day, 255 trading days a year. Not much room for losses. it doesn't seem real, does it.

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