Can an average guy make a living at trading?

Discussion in 'Professional Trading' started by EliteEd, Jul 5, 2003.

  1. There must be something like Good Trader, Very Good Trader, etc. missing in your message, I guess!

    Give us the figures you like, nitro.

    :D
     
    #101     Jul 15, 2003
  2. There should be 5 grades of winning traders-
    1)McDonalds pay equivalent
    2)Home Depot pay equivalent
    3)Finally replace the salary from that crappy computer job
    4)Paul Tudor Jones' washroom attendant
    5)Go fly fishing with Paul Tudor Jones.
     
    #102     Jul 15, 2003
  3. don't be average, be an outlier.

    FRuiTY
     
    #103     Jul 15, 2003
  4. corvus

    corvus

    Tell him to give me a call, I'm up for fishing anytime! But let him know that 5 weight might not cut it. Stuff is big up here...my mom caught a 24 inch german brown last weekend in a spring creek no bigger than a drift boat... :p
     
    #104     Jul 15, 2003
  5. i know no one asked, but...

    i don't fish because i don't want to hurt the fish (hook in mouth).

    and no, i don't eat seafood or any other meat.

    FRuiTY
     
    #105     Jul 15, 2003
  6. One thing's for sure !!! A frog that has enough balls to chase bugs at night, in Canada, on a freeway, in a blinding rainstorm, sure aint ya average frog !!!

    I think that I mighta seen that same frog playing the minies, afterhours, during the last earnings season. Yea, I'm sure of it, that was him. May he rest in peace.

    wocka wocka :D
     
    #106     Jul 15, 2003
  7. Foz

    Foz

    Nice!
     
    #107     Jul 15, 2003
  8. Can an average guy make a living at trading?

    Sure, at least if "make a living" doesn't mean make 10 ES points per day.

    An ex colleague of mine and very honest guy is trying to prove this live since mid June.
    Feel free to have a look: www.theswingtrader.populus.ch
     
    #108     Jul 15, 2003
  9. I was wondering where the Frog had gotten to :)

    Natalie
     
    #109     Jul 15, 2003
  10. =================================
    [a] I wish I would have traded odd lots at first, to match my odd equity trend.

    Books can can shorten you learning curve;
    might shorten it to 7 or 8 years or less if you work 12 hours a day.

    [c] Explore ''books'' on elite trader.com; better public librarys have some of them, like Jack Schwager.

    [d] Dont figure on making it working 8 hours a day.

    [e-z] It is NOT e-z[easy] . EVERY kind of size ,leverage,options,''free''daytrade leverage WILL cause you to LOSE faster until you prove you can make a profit.




    :cool: :mad: :cool:

    Paper trading will help, help show what will not work;
    still do some myself . I like what a PHD city manager said ''if you call me average that is the same thing as spitting in my face!''
     
    #110     Jul 15, 2003