Yep, drawdown is part of the "I make money every month unfortunately I need more than 5K in my account to make it worthwhile" club. Walk into any retail fx office and the manager will give you the same story.
similar stats in italy; although it is not that much still just less than 3% of the population earns it.
That is scary. Mschey, are you sure that the top 5% is that low? $130K / year can't get you a house in my 'hood.
its pretty amazin' innit.....was shocked to learn how bad things are...not only over there but in my country as well.
Bitstream, As long as we have hijacked this thread......I thought you traded CME futures..from Italy??
well, we on topic still...;p i dont trade futs that often, i find stocks much easier, more profitable and sure more forgivin'. am in london now but i move often from here to italy cuz' of biz.
I sorely regret giving you sympathy and advice in your "I squandered 400k of my family`s money taking food from their mouth thread. These above statements come from someone who is looking to raise tempers...not awareness. Mods - this person is clearly a troll....please lock his ID and ban him.
hey it seems 95% of et traders making huge money while statistics prove 95% lose. heck i guess et has all the winners and the rest of the day trading nation are losers
Correct me if i`m wrong but didn't you lose all your money holding onto losers..not daytrading??? You dont even know what your angry about...
I love it when people that can't trade try to convince others that have been making a great living trading that it can't be done