Just a few days ago I saw an up to date guideline that is used to determin eligibility for public housing and it listed the household median income in San Diego at $73K.
But remember, "Itâs more like staring at the instrument panel of a jet while eavesdropping on the pilots, " eh?! Whenever I see an article on day trading in the mass media, I start with a groan. We all know what's coming next: incorrect generalizations, misplaced glorification, et al.
Someone makes it in trading and you guys tear him apart. hahaha this place. You guys. I love it. Blind leading the blind.
The article said he had 21 subscribers log in. Well at $199 a month, that's 21 x 200 = $4200 x 12 = $50,400. they make over half from the chat room!
I wasn't bashing him. I said he's "consistent and better than average" but is not taking advantage of his experience by growing bigger as a trader. You think someone who tries to consistently grow his account and trade commensurate larger size along with that is a gambler?
Its interesting how professional athletes who do not make it dont get any negative press. Its also amazing how little credit the successful 1% in daytrading get. I dont think there is another profession in the world that gets anywhere near negative press purely out of envy of the writers.