Bingo. That's all i wanted to hear. My goal is to make lots of money and be happy/relaxed about it.
Forget trying to beocme the "best trader" in the world and simply create a real money management biz!
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hmm..surely it's best to manage $1billion+. 7% p.a. but at what 2.5% MNGT fees? Think..what's the "easiest" way to make $500K+ p.a.?
http://finance.yahoo.com/news/top-5-zacks-1-ranked-180044018.html
But no, a $25k a year day tader gambling away have a better life...?
but there's a middle ground.
Instead of trying to build a multi billion $$ fund with Inst money why not insterad keep it small and to a selecr few H.N.W. investors. Keep your fund to less than say 20 investoes and $10M. You can stil ltrade from home (as long as you treat it professionally)...
Replying to stupid comments about "be a nurse instead?" Grow up.
Is this forum now populated by Uni. kids?
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"if you can take the fire stay out of the kitchen."
Geeps always one!
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With all due respect you don't sound like the guy who could even break even in a year. I highly recommend you to instead focus on a, how did you word it, "low stress low risk" type of...
ok Jack...you know this for a fact then?
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Nope. Not for you.
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LOL ok msybe I'll get ajob as a nurse instead..LOL
30%. No,no,no.....i doubt any inst. would look at you with those kind of drawdowns.
Wow all these super traders who beat the market year after year...wonder the "averages" don't actually increase due to so many beating them.