and the ones who are making 400% don't stay as traders they become hedge fund managers.
statiscally 80% of brokerage accounts don't make money cause 80% are amateurs.. of the 20% who do make a living half are just making living.....
i'm guessing a majority of their clients aren't pros. A pro to me is somebody that is making money or have consistent cashflow every month....
29% never withdraw money so the are amateurs
50K is more than enough if it's just for trading purposes.
No he isn't bullshitting. what is wrong with pay yourself.
your an amateur trader that is why. hobbyist trading for fun :cool: :cool: :cool: :cool:
not really if you have leverage to the max of 10x and always have cash in your account
one guy paid $50 commission charged by IB to buy $3000 worth of stock via Amex. that comission is more than retail bank. IB makes a...
The expense bills come every month. and tax bill every year.
where do you get the money to pay for bills and expenses of your business..dumbo. maybe you should get job if you don't have positive cashflow
In 1929, prior to the biggest 'price correction' of a bubble...major brokers an banks had a meeting to buy stocks to prevent a 'sell off' there...
a meeting with major banks sounds and feels like 'market collusion' no buyers at face value or asking price.
there are always buyers.. the buyers don't want the RISK!
normally they do under normal conditions,,,it's that blue moon of storms that wreck havoc and the insurance companies pay up..
you can't squeeze blood from a rock. that is what these quant hedge funds are trying to do. no real volume or not enough.. plus the size...
deflation isn't as bad as hyperinflation where people's savings or wealth is destroyed due to too much fiat money being literally printed by the...
the SEC can raise the min. to 50K if they want cause it's their game. or ban prop trading altogether cause they contol the market. or the...
1997-2002 was from the explosion of online discount trading. deregulation. in 2002, the SEC banned daytrading.
math, computers and engineering may just proves the guy is smart and has a logical mind. having a math degree, computer and engineering and...
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