Is 12% in 4 months and 20 days good?
I'm talking about spot here, 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 profit of 12% means only 120 thousand, which might seem a bit small.
But what if you were asked to manage a total capital of 1 billion and need to achieve a realized profit of 120 million in 4 months? Just imagine, would you dare or be able to do it?
I’m sure you would be trembling and might not be able to earn 120 million in 4 months.
What if the capital is 100 billion? If it’s 12% in just 4 months, that means getting 12 billion in realized profit.
So, in my opinion, in the context of spot trading income, a 12% realized profit from total capital in 4 months is already quite impressive.