Submitted by Aimadness t3_124al2j in wallstreetbets
terrytibbs76 t1_jdzsjbl wrote
Reply to comment by grimkhor in What is a sucesssful rate of return for an options trader. by Aimadness
I don’t know much, but if you can reliably bag a net 10% return annually you’re essentially winning big.
grimkhor t1_jdzspra wrote
That's buying the S&P 500 over the long term. Trading is about being successful on trades and scaling it with volume. If you trade to get the S&P 500 return stop trading brother and become a long term investor.
terrytibbs76 t1_jdzsxsx wrote
My bad, thought it was slightly lower than 10. My point was reliably beating S&P would be a win.
grimkhor t1_jdztp5o wrote
>The historical average yearly return of the S&P 500 is 10.326% over the last 20 years, as of the end of February 2023.
>
>The average annualized return since its inception in 1928 through Dec. 31, 2022, is 9.82%.
No problem here are the actual returns.
Aimadness OP t1_je3dc5y wrote
I have done this
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