MoneyTec Traders Community Forum - View Single Post

Caprica · 25-10-2006, 06:34

Hi,

I was just reading Credit Suisse's website (www.hedgeindex.com) which monitors the average performance of hedge funds. The average annual performance for the most profitable class of fund (global macro funds) is only a dismal 13.47%.

If a professional hedge fund is only averaging around 13%, what hope is there for the average currency trader of supporting himself? To earn a meagre $52000 at 13% per year, the average trader would need $400,000 in trading capital.

Have I missed something here? Is a private trader able to consitently average over 13% per year?

25-10-2006, 06:34	#1
Caprica level 1 Join Date: Jan 2006 Posts: 32 Downloads: 0 Uploads: 0 Rep Power: 3	Annual Returns Hi, I was just reading Credit Suisse's website (www.hedgeindex.com) which monitors the average performance of hedge funds. The average annual performance for the most profitable class of fund (global macro funds) is only a dismal 13.47%. If a professional hedge fund is only averaging around 13%, what hope is there for the average currency trader of supporting himself? To earn a meagre $52000 at 13% per year, the average trader would need $400,000 in trading capital. Have I missed something here? Is a private trader able to consitently average over 13% per year?