On this forum you often hear people wanting to turn into a full time trader. They are attracted to the lifestyle on offer but also the financial rewards through compounding trading profits at a high annual rate. However, the reality can be very different. I've worked an example using John, the...
Often private traders speak of returns of 40 - 50 - 60%, or more per year on their share portfolios. Just as often, this is derided as not possible, pointing to the likes of Warren Buffet and other professional investors, who do not achieve such returns.
Well I just spotted this in a yahoo...
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