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Topic: Is a 20% Annual Return good ? - page 6. (Read 731 times)

sr. member
Activity: 1400
Merit: 340
October 01, 2023, 05:27:16 PM
#8
My question is, is this return acceptable, or in your opinion, what would be an acceptable or good return?
20% is good until you start getting it, and after a while it no longer is enough and then you need to set a higher target. Then maybe you set a target of 40% as the percentage that is now a good return and then you start getting it and it becomes no longer enough again. In a straightforward sentence, I mean any percentage you see as a good return is only good until you start getting it. To someone who has never recorded 20% annual good return, that target is good for them, for another person who has had that return, it no longer will be acceptable, a higher target will be needed.
EFS
staff
Activity: 3696
Merit: 2065
Crypto Swap Exchange
October 01, 2023, 04:53:01 PM
#7
It depends on the currency you invested. %20 return for USD would be good, because it would be higher than inflation rate. %20 return for TRY would be a disaster because annual inflation is more than %100. %20 return for BTC would be the best one because there's no inflation. Even if Bitcoin price goes down you would know it will go up again. As long as you keep your BTC you don't lose anything.
As for how you got the 20% return, I wouldn't trust any automated trading program. There is both winning and losing with trading. You have to accept risks first.
legendary
Activity: 1064
Merit: 1228
October 01, 2023, 04:05:42 PM
#6
With my experience in the cryptocurrency market, I decided to develop a short-term Bitcoin spot trading strategy using the TradingView platform and its strategy programming tool. I managed to create a strategy that yields an average annual return of 20% according to backtesting. My question is, is this return acceptable, or in your opinion, what would be an acceptable or good return?
Getting an average return of 20% per year is quite good if you trade - in fact it is still better than the return on my bitcoin investment in the last 10 months. So far I've had 15% returns in the last 10 months - but this is still worth enough for me to accept as a holder.

The thing is investing and trading are of course different - but in most cases I think traders always have a hard time maintaining their return percentages consistently. I don't know how honest you are about the annual percentage return on your trades - but I don't think you need to lie about it. 20% is pretty good - it's your profit, not someone else's.

It has been reported.
hero member
Activity: 1246
Merit: 560
Bitcoin makes the world go 🔃
October 01, 2023, 03:56:36 PM
#5
With my experience in the cryptocurrency market, I decided to develop a short-term Bitcoin spot trading strategy using the TradingView platform and its strategy programming tool. I managed to create a strategy that yields an average annual return of 20% according to backtesting. My question is, is this return acceptable, or in your opinion, what would be an acceptable or good return?
Of course yes, any form of profit is good when it’s consistent. 20% is already an insane percentage for fixed profit yearly when you have high capital invested. Banks only offer below 5% while most defi platform offer below 10% APY with their stablecoin and top coin staking.

But this acceptability on the percentage still varies on how much margin you are using because it’s useless to have 20% profit while the total profit in fiat value is just a penny. To be precise, it’s based on your preference on the profit amount to categorize it as good but 20% profit generally speaking is already above good return.
legendary
Activity: 2030
Merit: 2174
Professional Community manager
October 01, 2023, 03:56:08 PM
#4
There is no acceptable return percentage. Traders lose and win to very varying degrees depending on their skill and control of emotions, and a bit of luck. Many traders will want something more risky that 20% which can promise a some more profits, but winning no matter how small is better than losses.

But since there are no guarantees, even with backtesting there is no guarantee of profits.
hero member
Activity: 2954
Merit: 725
Top Crypto Casino
October 01, 2023, 03:45:53 PM
#3
With my experience in the cryptocurrency market, I decided to develop a short-term Bitcoin spot trading strategy using the TradingView platform and its strategy programming tool. I managed to create a strategy that yields an average annual return of 20% according to backtesting. My question is, is this return acceptable, or in your opinion, what would be an acceptable or good return?
Yes, that's an acceptable return but are you able to prove that it can happen to you through trading? How many times did you back tested that? Having an specific percentage of profit or ROI annually is hard to hit. It's because this is a volatile market and you will never know how much you'll be earning through trading. While you can actually make good money if you've got that percentage and then you've got a huge capital, that makes sense but to think of how much exact it is is like that might not happen. Another thing, this topic belongs to the Trading Discussion.
hero member
Activity: 868
Merit: 1094
October 01, 2023, 03:17:30 PM
#2
What some people consider as good return is to never lose a trade. Even if it is 1% and no loss, it is a good return. As for me, I will prefer at least 100% annual profit but it also depends on the amount of money that you put in it. The higher the money the lower you will want the risk to be and the more the lower the risks, the lower the return in percentage.
newbie
Activity: 25
Merit: 4
October 01, 2023, 03:04:59 PM
#1
With my experience in the cryptocurrency market, I decided to develop a short-term Bitcoin spot trading strategy using the TradingView platform and its strategy programming tool. I managed to create a strategy that yields an average annual return of 20% according to backtesting. My question is, is this return acceptable, or in your opinion, what would be an acceptable or good return?
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