Is 12% in 4 months and 20 days good?
I'm talking about spot, not futures, and in my opinion, 12% in spot is very good because this is realized profit.
But this mindset depends on the capital; for example, if the total capital is 1 million, a 12% profit would only be 120 thousand, which might seem little.
But what if you were asked to manage a total capital of 1 billion and must achieve a realized profit of 120 million in 4 months? Now imagine if you would dare or can do it?
I am sure you would be trembling and it is not certain that you could get 120 million in 4 months.
What if the capital is 100 billion? If 12% in 4 months means you would get 12 billion in realized profit.
So in my opinion, in the context of spot trading income, 12% realized profit from total capital in 4 months is already very impressive.