Most posters on ET talk about making X $ per day, or week, or month. To me, this amount is not meaningful, because it doesn't take into account the capital actually deployed. (or the risk taken) The average hedge fund YTD November has returned 5.9%. http://www.hedgeindex.com/ Let's assume for a second, the average trader on ET is no better or worse than the average hedge fund manager. (I know this will elicit comments on either side, but work with me here for the sake of argument) To break into low six figures, one would need close to 2 million in capital, assuming they produce the same results as the average hedge fund manager. How does one seriously believe that they can start with 10K or 25K or even 100k and make a living off of trading full-time??? Or does this fact alone explain the oft quoted 80%, 905 or 95% failure rate for traders. I know many will chime in and say they are at a prop shop, that gives them access to far more capital than they are putting up personally, This is leverage, pure and simple. Hedge funds have access to leverage as well, I would argue a lot more than any individual trader could obtain. Leverage is a double edge sword, not a magic bullet. Remember LTCM.