Quote:
Originally posted by diallist
Most books and articles I've read state that the best professional money managers can only do between 25% and 40%.
How then can I expect a greater than 100% return.
Please, is trading forex really this profitable
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Hi diallist
But what time frame are money managers trading, how much attention do they afford one account, what are the risk profiles of their customers? I don't think you can compare fund management returns to returns from intraday speculation by the private individual, the percentage success rate is vastly different for a reason.
As Nat said, 80% of this game is psychology, but yes, your projected annual profit is feasible, some traders here actually trade for a living not a hobby!
Mick