My very 1st trade in 2025 to $1M in 12 years
TD (CDN$) 60 shares at 78.37
Annual Dividend 5.35%
1st Target 87
2nd Target 92
3rd Target 105
My hefty goal is to obtain an 18-20%/yr portfolio gain beating most professional money managers
Can I do it?
@Noahhcalls Whatever instrument you are using for the flip, calculate the odds of succcess and failure. Even if you have a 50% chance of success your odds of getting 11 in a row is 1 / 2048. Most likely you will be bankrupt before you achieve your dream. At 75% chance, it is 1/24.
@JasonL_Capital If you have a small account stay away from options. Your account will disappear very quickly. There is almost zero chance in the long term you will make any money.
@ScottRobo308 High risk = high reward is true but only short term. Over 5-10 years you will lose not because your strategy is wrong but you can't control your mind and market will always win when you deal with these options, other 'leveraged' products.
Hope your new path will find you peace
@MonacoFreedom It is ok to manage cash but no one can time the market. Staying the market with the long term view is the only proven way to ride the market.