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

Discussion in 'Professional Trading' started by Vicanator, May 29, 2015.

  1. Turveyd

    Turveyd

    If I'm making $3000 on a VERY good month I will add, at $10-$20 per pip, call it $15.

    100/3=33.333

    So I'd need to increase the Lot/Contract size by 33x's so call it $500 per pip/pt.

    Is that even possible ??
     
    #71     May 31, 2015
  2. i960

    i960

    If you have a non gimmicky edge, an instrument with liquidity, and the ability to trade it without the size affecting your decisions then yes. Personally I don't think people who have the skills to pull 100k a month on a 100k account would even be asking how. You've pretty much got to work your balls off and have a sharp read with a smaller account.
     
    #72     May 31, 2015
    Redneck likes this.
  3. JTrades

    JTrades

    upload_2015-5-30_21-18-51-small.png

    Very nice! North Europe? Is it as old as it looks?
     
    #73     May 31, 2015
  4. JTrades : does your story conyinues after discovering your aunt will ? How did
    you transition to the other person's statement :)

    i am nobody : it looks like a northern hemisphere location. Very good taste.
     
    #74     May 31, 2015
  5. jl1575

    jl1575

  6. JTrades

    JTrades

    The story was almost entirely fictional (and was setting up). The statement is real. There's practically no transition from one to the other.
     
    #76     May 31, 2015
  7. So I did well to ask!!!
     
    #77     May 31, 2015
  8. JTrades

    JTrades

    Aww, yes you did!
     
    #78     May 31, 2015
  9. Vicanator

    Vicanator


    Thank you Red Neck
     
    #79     May 31, 2015
  10. jl1575

    jl1575


    The critical difference between earning by salary or by trading is the losing issue. So whoever finally can make it is the one who can win the game of avoiding/minimizing losing, as people can always spot some winning trades after a couple years of trading.
     
    #80     May 31, 2015