Turning a good profit.

[KVW]

How would you double your money these days, after what we have been through, the recovery that we have had since March has made making money quite easy, how would you proceed now it what seems to be relatively flat times?

[#2]

well doubling your money is an easy task. Take any note (irrelevant of currency) and fold it in half - done you doubled your money ;-)

[#3]

On a serious side though. Now is where I think traders and investors with tested and proven system will start to outperform speculators. Doubling your money could take upto 4/5 years in a flat/slow upward market. If you can grow your portfoilio 30% per year you will be considered an elite trader. I recon 15 to 20% growth per year is achievable with patience and dedication. But even this growth will be considered a fantastic achievement.

[Theater_Cat]

Put your money in a savings account and wait 5 to 7 years ('cos you aint going to do it on the stock market). CPS, enjoyed your answer!!

[prancing_horse]

I suggest get to know no more than 10 liquid shares if you haven't already, then maybe trim down to between 6 and eight.In the past I've only traded in ssf, as it is an instrument I know well and am comfortable with.My return on capital for Aug was 3.97%, Sep 3.79% not bad for a market moving sideways.Only traded 5 shares,SOL,MET,FSR,GND,SAP currently holding SOL,SAP,IMP.My exposure is not the 2%, 6% so often spoken about,mine is a lot higher, if you want higher returns, you have to take bigger risks.I think the secret is not to trade often, but trade with patience.I want 15 to 20% return of long term investments, and a lot more on high risk instruments.

[#6]

ja, I think you have hit the nail hear PH, you definitely have to be consistent with the stocks you have chosen to trade. At best you are going to get it right 50% of the time, which means you have to be consistent in the application of your trades. If you keep jumping from one stock to another, most likely you going to miss the one move that makes you your real profit