Share your Rags to Riches stories

Discussion in 'Trading' started by iamnewuser911, Aug 18, 2015.

  1. Wow, what happened in 2014? Did you take a break? Could you explain what happened during those numbers?
     
    #21     Aug 19, 2015
  2. nursebee

    nursebee

    2014? I stuck to my trading plan and beat the market (SP 500).
     
    #22     Aug 19, 2015
  3. Visaria

    Visaria

    How much capital is this based on (approx)?

    Also, why 3 different results in 2009 and 2010?
     
    #23     Aug 19, 2015
  4. And make sure you go for the jugular and not back off because you realized the friendship was more important than any $$.
     
    Last edited: Aug 19, 2015
    #24     Aug 19, 2015
  5. nursebee

    nursebee

    When I started back then I had several accounts (IRA/ROTH/CASH) that I kept track of individually. For me, the track record is about keeping the bullshit out, show proof in the pudding kind of thing, similar to what I try and judge others by. Showing three accts would be subject to manipulation so after that I lumped the sum together.

    How much? Can I say that for sure 2012 start was less than 6 figures
    and now this year I am up in excess of 7 figures (but not much more)
     
    #25     Aug 19, 2015
  6. While there are many success stories in the market--- i don't think there are any true rags to riches stories like an entrepreneur boot strapping a business among individual, non prop, non outside funded traders.

    The reason is it takes money to make money and if you have enough to make it as a trader on your own - you are not starting out poor or rags.

    I started my publishing co with $15.00 and a car. Made millions ( not annually) over multiple years with zero additional monetary investment. That could not be done by a trader. Just saying

    surf
     
    Last edited: Aug 19, 2015
    #26     Aug 19, 2015
  7. nursebee

    nursebee


    Is that your excuse?
    20+ years ago I was on food stamps sleeping on the floor
     
    #27     Aug 19, 2015
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  8. luisHK

    luisHK

    Did you fund your brokerage account with your foodstamps ?
     
    #28     Aug 19, 2015
    nursebee likes this.
  9. Very inspiring both of you... Do you think you could have made the first 7 figures faster?

    Surf, you say you are not wealthy, but that's wealthy enough to me :D

    My goal is to hit the 7 figures.. But no rush at all.
     
    #29     Aug 19, 2015
  10. Yeah. Everything is relative-- i live on an island with extraordinarly wealthy folks so i often feel poor ( which i am in comparision). But its very motivating for me.

    That's a great goal. No doubt you can do it!

    surf
     
    #30     Aug 19, 2015