7 Figure traders

Discussion in 'Educational Resources' started by mr_byte31, Sep 21, 2018.

  1. tmso

    tmso

    Keep it a secret? Wouldn't the prop form be able to see all your trades? o:wtf:
     
    #31     Sep 22, 2018
  2. What exactly you like about the book ?!
     
    #32     Sep 22, 2018
  3. Well if I made a phone call to my Broker and saved 1K off of that...yes it would be worth the phone call...

    ES

     
    #33     Sep 22, 2018
    MarkBrown likes this.
  4. I think it is all about respecting money and fighting not to love it...

    Es
     
    #34     Sep 22, 2018
    Bekim likes this.
  5. %% Only looked//listened twice; 7 or 8 w would be more accurate.
    7 or 8 of them are trend traders=unless they are selling options.NOT sure if he meant to say HI Risk hi reward?? but since he said they make more than they lose [usually LOL] maybe OK??:cool::cool::cool::cool::cool::cool::cool:
     
    #35     Sep 22, 2018
  6. comagnum

    comagnum

    SMBs largest earner is a discretionary multi stock trader with a typical holding time of several days to a few weeks using daily chart & volume patterns to anticipate/plan his trades along with some fundamentals to build into large winning positions over a period of time.

    The retail day trader thinks pros trade just like they do - that's a hoot. Most scalpers are getting scalped by the super computers.
     
    Last edited: Sep 22, 2018
    #36     Sep 22, 2018
    dealmaker, tomorton and VincentvanG like this.
  7. If you say so...I only saw the video in this thread...

    ES

     
    #37     Sep 22, 2018
    comagnum likes this.
  8. qlai

    qlai

    Just to be clear, prop traders are in the pro camp?
     
    #38     Sep 22, 2018
  9. schweiz

    schweiz

    I don't agree. I see everything in relation to all my costs and all my profits.

    If this 1K would represent 2% of the total amount of paid commissions I would do nothing. Because you can probably save 2% on everything you do in life. Watch your list of things that improve your net income and take the most important savings (in percentages!) first.
    If you would make 50K a day it might be better to focus on trying to increase your profits by 0.1% which would be roughly 12K instead of saving 1K in commissions.

    If people would not watch their savings in percentages, all billionaires should be trying all day to save money on food, cars, cloths, holidays, hobbies... In short they would have no time anymore to enjoy life. They would be busy to save small money, small money that they even don't need to have a good life. Why waste your time on something that has no importance at all in life? Spent this time on your family and friends.
     
    #39     Sep 25, 2018
  10. If Bill Gates stops on the sidewalk to pick up a 100 hundred dollar bill...he loses money right?

    Es


     
    #40     Sep 25, 2018
    kinggyppo and comagnum like this.