Re: 50% returns on small amounts?
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Pig4bill,
I still feel like I am correct in the sense that you can run well in the stockmarket and run poorly as well. Sure you may have a great investment idea but just like in poker there are many things you cant control so variance comes into play. Fpr example, that sector of the economy heats up, the government passes some new legislation ect. ect. There are many things that can happen that will make you look like a genius or an idiot but a smart person realizes he is somewhere in between
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Yeah, shift happens. You lose from time to time. That's why you might only make 50% instead of 80%. But those freak occurrences happen in a small minority of your trades.
BTW, some of my trading buddies would consider 50% to be a bad year.
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I consider 50% to be a bad year as well. I just haven't been able to prove it yet.
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