Anyone can make any amount in a year they wish. Beginning on Monday with a fixed amount of contracts and sweeping on Friday allows for any lifestyle level a person requires. I posted the daily take for all trades with 5 contracts. And I posted three consecutive days with 100 contracts just taking the opening trade each day. Pekelo proved he couldn't read prints. This is ET. You want a particular answer; be helpless; who cares.
Wow. Never thought about this. I think i better join an fx club around my area. It's kinda hard to trade while ur kids are yelling right behind ur door....
Might have something to do with testosterone levels. Having a bunch of competitive guys cramped together in a room will definitely result in higher testosterone levels than being around your kids or wife at home.
This post is so begging for your involvement. http://www.elitetrader.com/vb/showthread.php?p=3971644#post3971644
Trading many years now, looking back, backtesting the "what ifs", I would be up min of seven times what I have accumulated right now if I had NOT gone into day trading and just did long term trading in stocks. So many don't realize what you have to give up to day trade eventually profitably by small percentages. I gave up at least a full decade of vacations, thousands of hours of backtesting and had to learn how to code which I didn't want to learn, thousands of bucks on equipment and redundancy of "what if" the cable/electric/dsl/satellite/computers/brokerage took a dump. Then the countless 10,000-20,000 hours spent behind a screen. You have to have incredible amounts of perseverance, and baby you have to have tunnel vision. Trading stocks so much easier, market goes up 2/3rds of the time, when the world is bullish, start getting out. Actually have a life when you check your position each week and not have to check screen each tick. It has gotten easier with automated trading though. You have to be a tad on the psychotic to become good day trader, I am so there. Steal from the inexperienced and place in your account. But I do love the game, pick up my laptop and trade from anywhere. So you have to ask yourself, "Do you feel lucky punk, well do ya"? http://www.youtube.com/watch?v=u0-oinyjsk0 Takes a lot more than luck. Yea, am psychotic, now I lick my chops when I hear someone read a book and papertraded a whole month and opened an account, chickens to the fox. ROFLMAO http://www.youtube.com/watch?v=crcHA_j30PQ
And then there was another guy, who amongst other feats, calls and wonders, humilliated Larry Williams, amongst others, in real time, in this forum, and often to the tick. He also swept the floors with the likes of Volente, Atticus (drownpruf, etc). Also in real time. He was not a guru, though. I believe he used to be a recruiter. I heard he quit trading, but still makes a lot from a trading corporation, managed by retards supervising sub-retards.
I am realising that around 3-5 months ago, there seemed to be a lot of optimism, confidence, and might even say euphoria on the forum about trading. NoDoJi was praising "teaching classes", etc. Now many statements carry a dose of disillusionment. . What happened?