Thinking About Going Full Time Trading - Want to Make $100K a Month

Thank you Lawrence. I use a bunch of strategies but I wanted help from someone that is already making about $100K a Month. If you think about it its not that difficult if you have enough risk tolerance it only boils down to $5000 a day and with a 100k investment you can at least make a mere 5% return. I do it some times but have not been able to do it consistently

 

Guys why is everyone so negative on this site. If you think about it its not that difficult if you have enough risk tolerance it only boils down to $5000 a day and with a 100k investment you can at least make a mere 5% return a day. I do it some times but have not been able to do it consistently.

 

Of course you can make $100K profits a month. The problem comes with the associated losses.

 

Thats a question that you have to ask yourself. Are you in the Game to Win? or Are you in the Game to NOT TO LOSE ?

 

I think a few top of the ET traders made between 10 to 100 millions, although they barely post or post very little.
A guy who owns a 20 million dollar yacht is not really eager to join in the conversation/debate on whether BMW 3 series is better or not than C Mercedes.

 

Those making $100k/month prolly want to make more. Or maybe they've achieved a happy medium and don't want to rock the boat. In either case, why would they be eager to invite in new competition aka YOU? Do you plan to ask what they trade, and how often? Oops, there goes some future trades they could've made, only now you're making them. You say you aren't consistent, which means you prolly plan to ask about their strategy. Totally amateur and wrong move. Nobody with a lick of sense shares strategy, especially somebody who's made it to the level you're aiming for.

Exactly what do you think is going to be given to you here? It's not going to be strategy, it's prolly not going to be their favorite instrument or time of day to trade unless volume is huge. Small timers like me don't cause ripples, whales like you wanna be means less for other already-established whales.

Good luck.

 

More than a few do OK, with good size. Occasionally there's even evidence to support this.

 

Well different people think differently. Its not a Zero Sum Game the market trades in Trillions of Dollars and all you are trying to make is $5000 a day which is nothing. I just want to talk to people that are already there. Thank you for the post.

 

Your definition of Evidence is a tad on the weak side for me!

 

Yes, granted, it's pretty weak!