Tracking Gauge
Tracking Gauge
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By what measure can you gauge your prospect of making a living trading stocks?
I'm trading part time have now have clear track record. Conservatively speaking, what success rate should I be shooting for before I consider trading full time for a living? What is the best measure? Ratio of sucessfull trades to unsuccessful? Ratio of gains to losses? The projected time it takes you to double your stake? Other? Thx.
The stock market returns 8 - 12% a year. Unless you are handily beating the returns on either the total market index, or the s&p500 index, I just don't see the point of actively trading stocks.
75% of the folks that daytrade lose money. By the time you figure in trading costs and taxes, that figure rises to 90%. You could be the exception, but then again MAYBE NOT.
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US $31.50



















