Yes, of course but I thought you were talking about the norm for a retail trader instead of the extreme. In that case, heck, a retail trader can be some retired business owner that sold his franchised for 40 million bucks. My point is that the typical retail trader doesn't have 8 - 10k monthly living expenses. Yes, you're right, there's probably a few out there that does have such. Mark
PS: you will be happy to hear that I am moving all expenses to a credit card with a teeny limit so we can track better. No more disappearing cash!
Aint that the truth. If this keeps up for a few more years...traders will experience their own private "economic depression". I see more switching from one trading instrument to the next this year by retail guys than I've seen all in the past 10 years. Traders trying to find something with volatility and many trading stuff they really don't want to trade...but only trade it because it has better price action than their preferred trading instrument. Mark
$1000.00 if you are single. $3,000 if you have kids. If you cant afford that many kids on that monthly budget, then you are probably on welfare anyway, or have very spoiled kids.
i do have both,but i'm not spending 8-10K a month..even if i CAN..try to make some first..specially daytrading..probably after that you will threat them differently..