Learning Curve

Discussion in 'Professional Trading' started by Drew07, Feb 17, 2007.

How much did you lose before becoming consistently profitable?

  1. 0-5k

    20 vote(s)
    31.3%
  2. 5k-10k

    6 vote(s)
    9.4%
  3. 10k-20k

    9 vote(s)
    14.1%
  4. 20k+

    29 vote(s)
    45.3%
  1. Drew07

    Drew07

    I hope you decided not to touch all of that money you have with the money manager.
     
    #21     Feb 19, 2007
  2. :D




    .... At some point, but only if I can turn my trading around.
     
    #22     Feb 19, 2007
  3. minmike

    minmike

    It is hard to define tuition for me. I moved to chicago for to take a $25,000 a year job for a year as a clerk at an exchange. Then another clerk job that paid better for another 9 months. So that was aroudn 2 years before I put a trade on for myslef. After that around 5k and a month before I started to get it.

    Biggest starting mistake is starting to big. Start your trading as small as possible. Only increase size later. Need to make money beofre you can make a living.
     
    #23     Feb 20, 2007
  4. That seems like some very solid advice.... Thanks... I'll keep my leverage low to begin with.

    "It's better to miss out on a profit than be in on a loss."
     
    #24     Feb 20, 2007


  5. Waox I am quite impressed. Lescor could you tell me when you started??

    Thanks a lot
     
    #25     Feb 26, 2007