ok this sounds shit but lets be honest. Why do most of you think you can be successful traders? You all know the probabilities that 90% of traders fail yet most of you reckon you can make it into the 10% of profitable traders. I can only speak from a UK perspective but, there are only 100,000 people (out of a population of 60,000,000) that pay capital gains tax in the UK i.e investment gains. I must admit I looked into the day trading idea but realized it wasn't for me. I trade currencies on the side but make less than Â£7000 so am not subject to capital gains tax. Its like sport. So many people 'wish' to make it in sport but the realities are that the majority wont. What makes you think you have the abilities to succeed? Most of you have read a few books, been on a training course or worked for a prop firm. This isn't education in trading. If you had the skills you would have been snapped up by a bulge bracket firm. Speaking of bulge bracket firms, Goldman Sachs has 20 propriety traders, just 20!! So, please tell me what drives you to continue trading when the inevitable fact is that you will not succeed, let alone break even?