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It may be true that I trade amongst guys who have survived and excelled, and that may contribute to my views on this subject. But I wouldnt want it any other way. Seeing guys excel at the level they do, makes it that much easier to stay focused, disciplined and positive because you know it CAN...

I know many guys at the firm i work at who make 6 figures a year consistently, and most have been there no more than 3 years. I know of a couple guys who have had six figure months as recently as december. I even know of a couple guys who have had almost 6 figure trades no more than 2 months...

Sounds like a solid plan Sak...good luck to you! In 3 years you should definitely know either way.

It's cool man, no worries. Just having friendly convo's back and forth about our own experiences :D

My only reason for making a blanket statement is because a lot of posts in response to whether or not to try trading full time, have come from people who do not do it full time themselves and I just wanted to point out that its a completely different ballgame than the average person who makes a...

I have had my ups and down just as everyone who becomes a full time trader. I came close to giving it up because I wasnt making it as fast as I would like, but I stuck it out, didnt accept that I wasnt good enough or that it was impossible to make money consistently. I spent countless weekends...

I feel the same as roctrend on this issue and since I have posted quite a bit on here that should show just how strongly I believe. Everyone not in the business will steer you the other direction, people who are unsuccessful will do the same but you really need to look inside yourself for the...

"I believe the trading skills can be learned at any time and the learning curve will be shorter for someone who has experienced some obstacles or failures in his career." 100% disagee, it really matters not what you have done in any other arena, i dont care if you are the CEO of GE. It WILL...

I definitely agree that most fail in this business, but some people's posts make it seem as if it's not possible to make money day trading at all. If most people succeeded in this business, it would be even that much harder to make good money. For instance, futures are a zero sum game, for...

I love this "99% of people fail at day trading" stat. Why does everyone think thats accurate?? Anyways, I work at a trading firm and have seen maybe 10 people come and go in the 2 yrs there but have also seen the same 50 or so guys day in and day out and i know when checks are handed out, most...

No offense to you misctrader, but just because you struggled and didnt succeed to the level you would have liked, doesnt mean that this guy who is interested in a trading career cant become a great trader himself. You say that you fell in love with the fantasy of trading and thats where you...

Just a little side note, I graduated from college in 2001, went to work for Fannie Mae in DC for my first year. Started trading professionally after I left there because I discovered thats what I truly wanted to do. Started at a firm in 2003 with no experience at all and now, after spending...

If you went to college, its almost certain that you did not major in "stock trading" so of course you won't need your college degree when learning to trade. You CAN go and take your engineering job and keep prolonging getting into the business of trading but you are only extending your learning...