Preparing for a Life After Daytrading

Discussion in 'Professional Trading' started by Rahula, Jun 13, 2007.

  1. top that with a good beef sandwich.
     
    #81     Jun 18, 2007
  2. while watching a football game :)
     
    #82     Jun 18, 2007
  3. With all the talent on this board, you know raking in 6 figures a day, it is amazing you all aren;t billionaires.
    I guess my goal of $500-1000 a day seems like poverty to you all.

     
    #83     Jun 19, 2007
  4. He really only makes three figures on his good days and celebrates by surfing for group sex and blowjob porn while drinking a can of coke :D
     
    #84     Jun 19, 2007
  5. DHOHHI

    DHOHHI

    Nothing wrong with $500 to $1000 ... I averaged $675/day last year and was happy with that. This year I'm around $695/day.

    Those claiming to make the really big numbers here are few and far between.
     
    #85     Jun 19, 2007
  6. It's not like I (or any other intra-day trader) can rake in six-figures <b>every</b> day. It only happens once in a while, and six-figure losing days happen too.

    http://www.elitetrader.com/vb/showthread.php?s=&postid=1168954&highlight=blow+sluts#post1168954 :eek: :p

    And:

    http://www.elitetrader.com/vb/showthread.php?s=&postid=1096739&highlight=june#post1096739

    But there's a flip side...

    http://www.elitetrader.com/vb/showthread.php?s=&postid=1101601&highlight=ego+check#post1101601
     
    #86     Jun 19, 2007
  7. Geez, What kind of size account do you have?
    If you are in the millions, I wouldn't risk it all trading.
    Wow.


     
    #87     Jun 19, 2007
  8. Maverick74

    Maverick74

    " I told Worm you can't lose what you don't put in the middle. DEAL. But you can't win much either."

    ROUNDERS
     
    #88     Jun 20, 2007
  9. how do you know he's risking it all in trading?
    for all we know, he could be risking only 1/3.
     
    #89     Jun 20, 2007
  10. Right, <b>much less</b> than 1/3 of my net worth is on deposit in trading accounts. I've known a couple 7-figure net worth traders who keep nearly all of their money in trading accounts, and I think they're crazy to do so.

    One more note: I put up the above numbers last year when my trading was going a lot better. The months since have been brutal, most of my buying power circling the drain. This low VIX grind-chop crap gets me every time.
     
    #90     Jun 20, 2007