Hehe... this discussion is getting a little heated :-)
Just to reiterate what I already said... yes of course it is possible and it doesn't necessarily mean you are destined to go broke trying to achieve it, but what it does mean is that you also have the potential for loss of the equivalent amount if not more.
Why so? well because as human beings we have a tendency to always do the wrong thing when it comes to trading. So the likely hood is that if you reach the 20% you will stop trading for the month and call it a good month. However if you go 20% in the hole for that month you will likely try to dig yourself out and hence compound on your losses. Do you see what I mean?
If you have traded long enough you will know what I am talking about, and it is something that is quite difficult to get out of your system, however you can only really call yourself a good trader once you know you have gotten this self destructive trait out of your system.
I hope that makes sense to you all.
Nexas
Just to reiterate what I already said... yes of course it is possible and it doesn't necessarily mean you are destined to go broke trying to achieve it, but what it does mean is that you also have the potential for loss of the equivalent amount if not more.
Why so? well because as human beings we have a tendency to always do the wrong thing when it comes to trading. So the likely hood is that if you reach the 20% you will stop trading for the month and call it a good month. However if you go 20% in the hole for that month you will likely try to dig yourself out and hence compound on your losses. Do you see what I mean?
If you have traded long enough you will know what I am talking about, and it is something that is quite difficult to get out of your system, however you can only really call yourself a good trader once you know you have gotten this self destructive trait out of your system.
I hope that makes sense to you all.
Nexas