There are many individual stock trades which have good potential to reward when market takes off from a bottom. HDIL today posts a very strong risk to reward with an above 6 times profit target to the risk involved. We trade into probabilities of our system, while at times it may go wrong, still following a well written system gives us more confidence on trades than going on hunches.
Few trades a month with a reward of minimum 3 times the risk exposed can give any trader good returns on his investment as well as the work involved in selecting the trades and analyzing the markets. A 30% return, if you can make it year-on-year with any good consistency takes you into the pro list of investors. World's greatest money managers like George Soros have this record. So, trading with smaller returns and doing it with consistency is far greater than aiming for triple digit growth and losing precious capital.
Following this method, with a good capital base you can 'Trade for your Living'.
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