A profit of 90K, on 40K deposited, is a 225% return on the money you needed to make that profit. The fact that the broker leveraged you makes no difference, because you do not owe the broker anything at the end. They fronted you what was required for you to make the profits. But it is still the same. You invested 40K, made 90K. If he was not leveraged, he would have needed 400K to make 900K. It is still 225% profit.
I think a trader's returns can be whatever they make it. Their is no real ceiling on the returns if you know what you are doing. I think 200% is reasonable even in a cash account with no margin. We have just been told that 10 or 12% a year is a appropriate number for resonable risk.
Well, to go from $80K to $200K in a year you don't need a prop firm....you don't need leverage at all. I think the media has a lot of people stuck in the matrix. People think these are amazing numbers. Develop a strategy and wear the market out. Everyday it's opportunity and it doesn't care who you are or how much you have.
Exactly, there is a guy in the firm and he trades in the area of 50k a tick in the aussie bond market. Run a very large book... Ultimately... work is the key.
I agree, but it's nothing special about the outliers other than they are outliers. The outliers just aren't sleep at the wheel.
being fully open to opportunity makes a person an outlier. are you open to opportunity in every area of your life?