I don't believe how much nonsense is floating around... are you guys for real?
First of all, to make it clear, 3% per month that the OP is talking about, is more than perfect but is extremely hard to deliver it with proper risk management constraints. We do want proper risk management isn't? We don't want to blow out in a month, right?
Read my previous posts where I mention top hedge fund which delivers around 50% per year(we are talking about very smart people which manages billions of $).
For the one who mentioned here that he is making 30% per month or so, I dare you to tell me your average/max drawdown and sharpe ratio calculated on daily NAV! And don't tell me that you have billions of $. And no, its not about liquidity problems, to make it clear!
The most important thing is to talk about risk-adjust[/b] return. This is a start for a fair comparison.
I'm not saying that the OP is for real or not, I just want to mention for those who are bragging that are delivering double digits returns monthly that your expectations are off this planet, get a book and educate yourself!
PS: I'm referring to traditional markets, not about crypto markets. In crypto markets it is possible to deliver fantastic returns, but please keep in mind that it is a very volatile market and the key word is: bubble.
What the hell are you talking about, 3% is extremely hard?
That means that you don't know a thing about Forex and its earnings!
OFC
liquidity is an "issue" for those that can't show how much they earn, that's why they have off-shores/companies with no existence/laundry methods/mules etc.
If you are a good mid level trader you can do at least 5%. If you are better, you just don't come here and asking ppl to join you!
Just a glam of my trades and put whatever amount you feel better, numbers are numbers. I think that they are better from the group of "bank traders"!
http://imgur.com/a/4zsHfP.s: The only bubbles you see is on crypto?! LMAO!
Gosh...
If you say that I know nothing after you read what I wrote, then from my point of view you seem to know nothing too. Funny isn't?
This seems to be overused here, but actually I'm coming from the banking world. Its not a fantastic world, for the records.
I can't even answer to your liquidity definition, you are way off reality.
You just proved me that you still have a lot to learn by only one thing: you showed me a screenshot with about 10 trades, thanks for the laugh:) Definitely I can see how successful you are from 10 trades.
Buddy buddy buddy, if you want to learn something, read my previous posts here, others did find it to be quite informative from the PM that I received.
Regarding the returns, here is an investment fund that is a top one and manages "a few" billions $:
https://www.bloomberg.com/news/articles/2016-11-21/how-renaissance-s-medallion-fund-became-finance-s-blackest-boxAnd the yearly returns:
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iMeaX.w0i8Kc/v0/-1x-1.pngAs you can see they averaged roughly 45% per year and have over 100 scientists and PhD's. While you are saying to me that you average 30% per month
I will stop here and I will not go into a debate with you, because you have a lot to learn and I remember that I was like you almost 10 years ago.
I wish you all the best and sorry if I offended anyone, its just that I don't like when some newbies are spreading "trading wisdom" and they never actually filled a tax return for income resulted from trading.