Is trading only a hobby or job for the rich?

Discussion in 'Professional Trading' started by Wach80, Jun 9, 2015.

  1. Wach80

    Wach80


    going for 100% sounds like a suicide , i guess your risk of ruin is something like 100%? you wont survive.


    Is it possible to make 1000+ trades per day and having an edge on all of them? and if so how much is your expected roi (rate of income) per trade? if you can do that then i dont see why you cant make more than 2% per month in a safe manner. I suppose it must be very hard or impossible to do that though , is it some kind of suicide strategy?


    I will check the link , mentor is one thing , capital is another , if you are trying to play it safe with 5000$ then you basically waste your time unless its some kind of long term investing and you have another job to live from.
     
    #91     Jun 15, 2015
  2. 1. Yes, it could be suicidal, or you will ramp up your capital very quickly

    2. Yes, the biggest edge in years High Frequency Trading often makes many more trades than 1000 per day all with a tiny edge.

    3. Yes, it is waste of time as a living. Only trade as a hobby UNLESS you have a proven edge. Many traders start with a proprietary trading firm. A good proprietary trading firm will teach you an edge and provide you capital to trade with.

    good luck!

    surf
     
    #92     Jun 15, 2015
    Wach80 likes this.