Hi Mike,
I have heard that there are roughly 50,000 professional traders and 20M want-a-bes. That’s about 1 in 40 and even though those are not good odds I am happy to know that it is possible to do. I have struggled with day-trading. But I have found using options trading longer term chart patterns (weeks and months) that I have a great track record. My question is am I just getting lucky or is it truly possible for someone to make consistent returns that are better than the market average?
@MikeBellafiore
We did something special here for this question to our Ask Anything section. I answer this question…. and then…… we bring in Hedge Fund Trader and trading author of Peak Performance Trading and Investing Bruce Bower to answer the same question from his perspective.
In this video you will learn:
- the importance of finding your time frame, product and style as a trader
- the common reasons why many fail, including capitalization
- whether you can beat the market ($SPY, $IWM, $QQQ)
We hope you enjoy the video.
*no relevant positions
