Question by Rtyhd D: How good of a return can I get in the stock market if I study stocks for a living?
I don’t even know why I’m asking this question. It goes without saying that I am an uninhibited investor, willing to take any amount of calculated risk. Even if I mention this in the question, I’m still probably going to get an answer like “there is no way to beat the market” or something else extremely pessimistic. If you are reading this and are thinking of writing some stupid shit like that, don’t; I won’t believe you if you do. I also know that warren buffet managed to get his stocks a relatively consistent 33 percent annually, or something like that. Is 20 percent possible for somebody who works extremely hard and has no mental inhibitions. I know I’m being general, but really, I have no context. A month ago, I wouldn’t be surprised if somebody told me I could consistently double my money (without buying on margin), if I study stocks very hard-I now know this to be complete bullshit. I tried googling “average return for professional trader, but got nothing. SO, what could I expect if I do this for a living???????????????????
Best answer:
Answer by John C
Yes. it all varies with the risk you are willing to take. You can beat the market. Consistently beating the market with double digit returns is not probable though.
The reason you can’t find any information is because you are looking for an average and the field is wide. There are professional traders with negative yearly returns and those with consistent double digit returns. There are some who do get lucky and hit a stock or two that shows unbelievable growth, say Google IPO, Hansen Natural a few years back, etc.
Some times you will strike out and loose everything, sometimes you will hit one out of the park.
What do you think? Answer below!