Right now I'm trying to figure out how to consistently make $1/day as a POC exercise. That's it. I did ask the various advanced LLMs the path to earning/clearing $200K/year as an algo-trader.
Fun & sobering responses. I'll give the LLMs this -- no uplift in these conversations.
You can do this with the following strategy:
1. Buy $10,000 of Treasury bonds.
It might be more interesting to target a particular Sharpe ratio rather than an absolute dollar amount since that will be proportional to the amount you invest.
What's difficult is getting a higher rate of return.
$200k is totally doable with $2M investment capital and a bit of disciplined options trading.
10% probably. Though with the higher-than-market rate, there would also be dispersion in the consistency of the return. I could see some lean years where no money is made. I could also see a decade where you are buying at ever-higher valuations rather than dollar-cost averaging -- thus you could see a lean decade following.
It all depends on how much consistency you want.
Still not easy but it's not impossible.