Many traders debate what’s possible with trading and what’s not
Or what’s ‘good’ and what’s not
Is 10% a year “good”? 20%? 50%? 100%?
Are those kind of number even realistic?
The numbers with trading work the same as any other business
Your monthly revenue = the number of transactions in a given month X the size of those transactions
So if your average return-per-trade (some call this expectancy, same thing) is $100 per trade and you’re placing 100 trades a month, that’s $10,000
If your average return-per-trade is $50 and your placing 20 trades a month, then your revenue would be $1,000
So in one regard, it doesn’t really matter the size of your account.
Your income possibilities are determined by the number of trades and the size of your average return, that’s it
So what are you wanting from YOUR trading operation?
What are your plans for the future of your trading?
What’s holding you back?
That’s the first step in looking at your trading as a business
We’ll get further into this soon
In the meantime, if you’d like some help with your trading, check out the P.S. below
Cheers!
Brian McAboy
“The Consistency Coach”
Host of the “Consistent Profits Podcast“
“Focus on consistency first, because when you have consistency, profit is easy”
P.S. Whenever you’re ready, here are 4 ways I can help you make more money and more consistently with your trading
1. Grab a free copy of my latest ebook
In it you’ll discover the 3 specific hidden obstacles keeping you from enjoying consistent that you are currently NOT aware of, and what you need to fix the problems so you can get on with consistency and profit in your trading – click here
2. Join the “Consistent Profits Club”
Get a massive collection of free trading tools and resources – click here
3. Check out the “The Science of Consistency Applied to Trading”
This is the recording of a masterclass I did a while back that shows you how to take advantage of the success secret being used in other industries – and how you can use it in your trading to maximize profits and peace of mind – click here
4. Get my personal help with your trading
If you’re tired of going it alone and you’d like my help with your trading, especially consistency, book a call with me by clicking here
Risk Disclosure
Trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one’s financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
Affiliate Disclosure
The sender of this message may have an affiliate relationship with the organizations referenced in the message. Using these links is effectively the same as going directly to the referenced site, but special links are used to track opens and activity. Clicking the links on this page and making a purchase may create an affiliate commission for the sender at no cost to you.
HYPOTHETICAL PERFORMANCE DISCLOSURE:
Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses is material points, which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program, which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect trading results. Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.
