What's your income aim (in $USD)?

Discussion in 'Professional Trading' started by Richbynature, Jun 5, 2008.

What's your income aim (in $USD)?

  1. I have no specific goals

    7 vote(s)
    4.4%
  2. upto [USD] $10K

    3 vote(s)
    1.9%
  3. $10K - $20K

    4 vote(s)
    2.5%
  4. $20K - $40K

    3 vote(s)
    1.9%
  5. $40K - $80K

    8 vote(s)
    5.0%
  6. $80K - $160K

    31 vote(s)
    19.4%
  7. $160K - $320K

    27 vote(s)
    16.9%
  8. $320- $640K

    12 vote(s)
    7.5%
  9. $640- $1M

    31 vote(s)
    19.4%
  10. I want Warren Buffet to be my butler

    32 vote(s)
    20.0%
  1. rapacious huh.....gonna have to look that one up :D
     
    #11     Jun 6, 2008
  2. Of those (many) voters who aim for > $1/2m per annum, how many are actually or ever have earned this much. This is a lot of money. If you do earn this much, is it worth the risk and what do you spend it on?
     
    #12     Jun 6, 2008
  3. Drugs, prostitutes, and fast cars mostly.
     
    #13     Jun 6, 2008
  4. magicz

    magicz

    Goal is to earn at or above 8K net per month consistency, life is pretty easy at this level. I am not greedy.
     
    #14     Jun 6, 2008
  5. And the rest you'd piss away?
     
    #15     Jun 7, 2008
  6. Never thought too much about my income goal. Thought more of in the abstract sense. Doing what I had to do to get what I wanted. If this meant a change in profession to earn more, so be it. If it meant working overtime to accomplish my goals then that is what I did.

    In retrospect, income requirements change over time and so does ones wants (needs too somewhat). They only draw back to getting older is you get spoiled and I'm not interested in eating Ramen noodles and tuna to achieve my goals. So I have to be a bit more innovative.

    On the horizon it is going to be a tad difficult to get a piece of Manhattan.
     
    #16     Jun 7, 2008
  7. One 3-tick trade in the ES every half hour with one contract for 6 hours a day, 5 days a week, 48 weeks per year.
     
    #17     Jun 7, 2008
  8. igor00

    igor00

    I need start-up money for trading for living, can someone help with this small problem? I have enought experience.
     
    #18     Jun 7, 2008