Just curious how many people here make at least $50,000 per year doing trading. And if so, how much your capital is.
NONE make a decent living. Without being wealthy first. Working with a prop shop or living below the poverty level or having other sources of income. That's a fact jack!!!
In the Internet: everyone is a millionaire. On the real life: very few; BTW to make a measly $50k/per year, earning 20% (and most traders lose), you need at least $250k to speculate. Not many in ET.
It depends on what you mean by the word "living". I am still net negative which means I give Barry and his Gubmint more than they give me. And that my friends puts me in more of a minority than the countless who claim minority simply by their color of their skin.
Don't forget to dismiss 90% of those claiming to make a lot, who confuse paper/sim trading with REAL trading.
I live in a Section 8 housing and trade with free money thanks to Obama. You guys are the suckers. I get paid to watch Jerry Springer, My housing is free and I get free gambling money thanks to Obama.