okay! try to live off trading with a $2,000 account and we'll see if it's absolutely bogus. The more capital you have in trading, the easier it is to make a living. $4,000 is 40% of $10,000. but $4,000 is 0.4% of a million dollars. It would be easier for me to earn $4,000 with a million dollar account than it would be to earn $4,000 with a $10,000 account. If you think my approach is wrong then you don't know what you're talking about. the more capital much better.
I didn't say your approach is wrong. I was referring to this bit... "...Unless you're a fucking millionaire with several million dollars in your bank account, it's impossible to make a living from trading..." You seem to be implying that you cannot live off trading a 2K account, but can live off of a multi-million dollar account. Surely there is a middle ground somewhere?
Here's a good example of what I am trying to say... You see those four lines? The top two are real monies, the bottom two are sim monies. I sometimes fall into the trap of "gee, what-if I had done that." Had the market not turned so harshly against me last month, I might have been able to employ that averaging down technique across contract months, but I levered into the MES at the very peak of this latest cycle, and the leverage got to a point I was not comfortable with, so sat on hands. If I had double the amount of money in the account than I currently have? Hell yeah I would have done it. It ain't millions in the account, brah. You need to not look the gift horse in the mouth here on the daily market ranges, and trade accordingly. Of course, we do not know what instruments you are trading, because all you tell us is that you have 1500k *Sorry, you meant 1500 bux* and it is all impossible. There are ways to make money, even with your 1500 bux. Don't try to impress people with percentages. That means nothing when you have 5 years under your belt and are showing a graph that shows 20% this or that, and you are still working with 1500 bux. Because when you admit it is on 1500 bux, nobody cares. I have never once mentioned how much of a percentage gain or loss I have had, because it doesn't MATTER. I am trying to make a living with it, and only care about how much I can make per day on average, in DOLLAR SIGNS. If I have to use 10,000, 100,000, 1 million bux to make 500 per day, so be it. It's better than having the 10,000, 100,000 or 1 million bux sitting in a savings account sock-drawer earning nothing, yeah?
There are many users on this forum that trade for a living. My personal case, just as an example: - I own a flat in the south of Spain (around 150k). I bought it with savings from my job as a software developer/architect. More than 12 years working as a dev in London(UK). Any devs around in the forum can surely tell that this is easily achievable. So I don't need to pay rent. - Divorced without children. We all know how expensive is to have a family. zero cost for me. - I don't smoke, don't do drugs, don't do any stupid shit. - I don't own a car. I live by the sea and my vehicle is a bicycle. I spent 300 euros on it. - I spend on food around 400 euros a month. Food + bills around 600 euros. You can count this as my expenses. - I trade on CME/Futures - M6E contracts. There are months that are pretty good and others when I should shave my head, grow a beard and go to live in the mountains, the average is enough to call myself a trader. - Trading funds slightly on top of 200K, If I make 1% a year I am sorted. So it is possible to trade for a living, obviously don't do it if you have to take care of a family and have way more expenses. But you don't have to be a millionaire to keep it going.
I can say, that we made 110% in 2021 with a max drawdown of 33%, but nobody would believe me until audit)
how do you need 1% on 200k (2,000) when your living expenses are 7200 (post tax) + safety net and inflation?
The point is he’s happy about his performance and wanted to boast about it. The fact that you’re fueling this thread makes him happy. He’s feeling lonely. Made money but not enough to enjoy it. That’s why he can only boast about it. Which he has done. Look guys ! I’ve made 50% returns in a month ! I am a genius ! But this is no real money so I can’t really enjoy it … Need to find a way to make returns enjoyable. If you can’t buy a lambo and drive it around the whole day. Then post them on an anonymous forum. OP you better buy some chocolates, from your returns, for your relatives - it’s going to be a more humbling / pleasant experience.
hahaha you have to be mentally retarded or simply your desire to put hate is making you say stupid things. When I referred to the small $1,500 account, I did not say that it is my business account. I said that it is a small account where I take more risk and where I earned 63% in the month of November due to the high leverage. I made this comment in response to someone who said I earned 39% in January. I said that with my small account of 1,500 dollars I made 63% in the month of November 2021. If you look at the image that I uploaded with the report, my commercial account has a loss of 3.5% in the month of November 2021, so obviously my commercial account is not 1,500 dollars, but much, much larger! If you stopped to read a little you would realize the stupid things that you say but hey, you can't expect much from someone like you.. and thinking about it, it motivates me to upload my account statement with all my operations so that anyone can validate that my results are real. I will open a new post quoting this one so that the trashy haters get even more piqued. because when a trader uploads something positive they want to enter him from all sides. the hate in the community is brutal!
hahahaha! everyone who uploads their trading results is because they feel lonely! hahahaha! I am looking to manage money in the medium long term! everyone who sees trading as a future business looks at large capital as a management option. that I publish my results is because I feel alone??? you have no idea. I feel good posting it and I will continue to do so! what's more I plan to upload my report with all the operations to see what the hell the hurt people are going to say!!! The trading of some haters in this forum must be fatal for it to hurt so much that another trader uploads their statuses.... but deep down your comment was very funny. I seriously laughed a little.