How much profits do you expect to get back from a USD20,000 trading account in 260 trading days (one year)?
I have posed that question (or something similar) in various forums but have not received any straight forward reply.
Yes, indeed, will traders be satisfied with returns which are slightly higher than normal bank interest rates at around 2-6% p.a, or will they be happy with highest bank rates (that I know of) of 14% p.a?
I highly welcome all inputs as I am extremely curious to the reply(ies) and, for now, will refrain from answering that question.
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Someone posted at another forum:
"The very best hedge fund manager in the world make 20% PA, Warren Buffet is at approx 30% PA for his entire career, my trading hero Paul Tudor Jones is at about 25% PA for his career...."