should i pursue a trading career?

Discussion in 'Professional Trading' started by universaller, Sep 23, 2010.

  1. way too few relevant experience to start a trading CAREER. Keep it as a hobby/complementary income for a couple of years.
     
    #11     Sep 24, 2010
  2. The data is meaningless...
    Unless we know how many trades/month...
    And whether that was consistent.

    Unless you are doing 50 trades/day...
    The data is probably not statistically significant...
    Because any monkey can have 2 fluke months.

    Also, forget about about that 100% number...
    If you do 30-40% over 10-15 years...
    You will be in the Top 0.1%... Soros territory.

    That's why you either need 50-100K or so...
    Or must be capitalized by a Prop Firm.

    Also...
    If you care what people HERE think...
    There is something very wrong.
     
    #12     Sep 24, 2010
  3. MarkRyan

    MarkRyan

    Keep trading, not bad result for the first year. Good luck to you.
     
    #13     Sep 25, 2010
  4. Stants01

    Stants01

    ''Also...
    If you care what people HERE think...
    There is something very wrong.''

    That may well be the best advise i have ever read on this forum, not that i've been reading it long mind you!! It did make me laugh.

    I feel your pain buddy. You have so far been given a bunch of totally contradictory advise (yes, i know this is an internet forum)..... maybe best to ask this question somewhere else or wait until you have got a much larger spread of responses before taking on this decision.

    If i was you i would be no wiser at this stage.

    Best of luck.
     
    #14     Sep 25, 2010
  5. To all the members who put the comments:

    Thank you so much for the advices !!! really appreciated !!!

    I attached the updated performance adding September...
    I did 8.2% for the month...
     
    #15     Oct 6, 2010
  6. good, try to reduce the skitzophrenia, and keep the trend up.
     
    #16     Oct 6, 2010