To all dear traders, im new to trading and really curious to know the answer for this.
If you have capital of SGD50k, how confident are you in earning 100% profit in 3-6 months trading in SGX?
Or is it even possible to do it?
Thank you in advance for reply.
(29-05-2014, 09:00 PM)koh0222 Wrote: [ -> ]To all dear traders, im new to trading and really curious to know the answer for this.
If you have capital of SGD50k, how confident are you in earning 100% profit in 3-6 months trading in SGX?
Or is it even possible to do it?
Thank you in advance for reply.
I am sure you ask the question in a wrong forum. This forum focuses on value investing, rather than trading.
Trading with 100% return in 3-6 months, with reasonable certainty? Sound too good to be true...
(29-05-2014, 09:00 PM)koh0222 Wrote: [ -> ]To all dear traders, im new to trading and really curious to know the answer for this.
If you have capital of SGD50k, how confident are you in earning 100% profit in 3-6 months trading in SGX?
Or is it even possible to do it?
Thank you in advance for reply.
You are in the wrong forum, my friend.
(29-05-2014, 09:00 PM)koh0222 Wrote: [ -> ]To all dear traders, im new to trading and really curious to know the answer for this.
If you have capital of SGD50k, how confident are you in earning 100% profit in 3-6 months trading in SGX?
Or is it even possible to do it?
Thank you in advance for reply.
Can consider using some common sense.
Say you can earn 100% profit in 6 months, so every 6 months you double your money. In 5 years time, you would have doubled your money 10 times. Your 50k would have grown to more than 50 million.
In the newspapers, you always see people who claim to have some trading secrets but how many have assets of 50 million? Only fools believe them and sign up for their expensive seminars for some trade or proprietary secrets
Omg sorry haha, can moderator move this thread to the correct place?
i think they meant that you are in the wrong forum.........
but if you want to make big money then your capital should be relatively large as well. eg 1m 10% would be 100k return
of course not guaranteed, just an example for comparison.......
(29-05-2014, 09:20 PM)koh0222 Wrote: [ -> ]Omg sorry haha, can moderator move this thread to the correct place?
ok! i try!
http://singaporestockstrading.com/
just kidding lah, i am not mod and seldom trade...
(29-05-2014, 09:20 PM)safetyfirst Wrote: [ -> ] (29-05-2014, 09:00 PM)koh0222 Wrote: [ -> ]If you have capital of SGD50k, how confident are you in earning 100% profit in 3-6 months trading in SGX?
Can consider using some common sense.
Say you can earn 100% profit in 6 months, so every 6 months you double your money. In 5 years time, you would have doubled your money 10 times. Your 50k would have grown to more than 50 million.
In the newspapers, you always see people who claim to have some trading secrets but how many have assets of 50 million? Only fools believe them and sign up for their expensive seminars for some trade or proprietary secrets
Err I think he only ask for 3 to 6 months time span. It's possible but on the 7 to 12 mth, u might loss it all.
. The confidence should be 90% during the trough of the recession.
Oh, I just get it on the wrong forum thing, thanks for reminder, haha.
(29-05-2014, 09:06 PM)CityFarmer Wrote: [ -> ] (29-05-2014, 09:00 PM)koh0222 Wrote: [ -> ]To all dear traders, im new to trading and really curious to know the answer for this.
If you have capital of SGD50k, how confident are you in earning 100% profit in 3-6 months trading in SGX?
Or is it even possible to do it?
Thank you in advance for reply.
I am sure you ask the question in a wrong forum. This forum focuses on value investing, rather than trading.
Trading with 100% return in 3-6 months, with reasonable certainty? Sound too good to be true...
(29-05-2014, 10:22 PM)newborn1000 Wrote: [ -> ]i think they meant that you are in the wrong forum.........
but if you want to make big money then your capital should be relatively large as well. eg 1m 10% would be 100k return
of course not guaranteed, just an example for comparison.......