Survival in the trading world. What's your lifespan going to be?

Discussion in 'Trading' started by Liberty Market Investment, Feb 17, 2021.

How long have you been in the trading business?

  1. 0-1 years

    5.3%
  2. 1-5 years

    10.5%
  3. 5-10 years

    21.1%
  4. 10-15 years

    10.5%
  5. More than 15 years

    52.6%
  1. Totally agreed!
     
    #11     Feb 17, 2021
  2. Yes, we are optimistic in the short term, but unfortunately we have to be honest about the long run. It's the minority that survives in the markets.
    And we do fund traders in order to prolong their lifespan! The less they risk funds needed for living, the longer they survive. That's totally how our traders see it.

    In short, our motto is this: buy yourself a 15-tick stop loss in CL or Gold (or any other) futures, or buy yourself an opportunity to trade a 50K Funded account within a month!
     
    #12     Feb 17, 2021
  3. newwurldmn

    newwurldmn

    a million smart people looking for inefficiencies and opportunities means there are fewer inefficiencies and opportunities that everyone can exploit.

    Over my 20 year career, I have seen the risk premia drop, and the speed with which assets reprice increase.
     
    #13     Feb 17, 2021
    eternaldelight and Clubber Lang like this.
  4. ironchef

    ironchef

    Just imagine running a Subway Sandwich in 2020 and 2021. I prefer trading options for a living.
     
    #14     Feb 17, 2021
    comagnum likes this.
  5. ironchef

    ironchef

    Wrong comparison sir.

    For us amateur retails you should compare us to someone who wants to hit it big as a movie star, or a professional basketball player or a professional gambler...
     
    #15     Feb 17, 2021
  6. Overnight

    Overnight

    Shameless plug!
     
    #16     Feb 17, 2021
    rb7 likes this.
  7. Laura48

    Laura48

    Started long time back, have been some fruitful years now and trading has been fun all this time.
     
    #17     Feb 18, 2021