Hi Everyone
Currently, I’m reading about Forex for 2 month and I really like to enter this market.
I know, it’s not a Get-Rich-Quick scheme and needs much time for finding a consist way to make “less loss” and many many more things, leverage, capital, margin, etc.
But before I start to learn and spend [B]at least [/B]2 years on this market, I have a question that only you guys know the right answer.
I read on many forums that the average profit is a number between 10-30% per annum of return.
I see some results of Hedge Funds in 2015 with funds between $250 mil and $1B in assets. [B]Their Average was 26% return per annum.[/B]
Hedge funds are known for aggressive portfolios and high results. Surely people who run those funds are probably the most intelligent human beings on this planet. They came from families who could afford to send them to best schools. They are ambitious, hardworking executives with an excellent understanding of economics and finance. They often have influential friends in many sectors they invest in.
So in best result [ plus bunch of luck ] Some of us [B]Might [/B]catch 17% or above.
Currently I’m in Iran and Some banks have 25% interest rate on deposit! [ex. if you have 100k bucks, they will give you 100[B]+25k[/B] in a year)
[B]So, Can somebody justify me? Am I wrong or our local banks giving more profit than this market without even worry about charts, bars, news, numbers, being awake some nights etc…??![/B]
PS: I couldnt copy hedge fund profit proof since this is my first post, you can find it in moneycontrol dot com [ in mutual funds section]