A Day in the Life of a Consistently Profitable Trader

[Pension_Admin]

Quote from allenhobbs:

Now the issue is boredom and way too much spare time.

That is a serious problem.

 

[rwk]

Quote from Pension_Admin:
. . . I just wanted to know if this is worth (non-monetary terms) all the sacrifices.

A trader trades because he must. Whether it is worth the sacrifice is a nonsense question.

 

[Reaver]

Quote from allenhobbs:

I don't feel any different. I had the luxury of being very well capitalized and didn't sweat it out losing in the beginning. Never had to deal with the fear issue and so trading was a lot like golf. Frustrating, until you master it.

LOL

Yet you are still surfing for trading education chat rooms full time according to your other posts.

 

[Pension_Admin]

Quote from rwk:

A trader trades because he must. Whether it is worth the sacrifice is a nonsense question.

I think peoples trade or pursue any kind of entrepreneurial ventures are in hope of getting a better life. In the end, it is, in a monetary term, worth the sacrifice, but I still would like to know about the non-monetary things--say how being successful at trading now improve your life with your family...friends..hobbies..etc.

 

[o10maximus]

Quote from Pension_Admin:

Yeah, is this the lifestyle you expected to be?

You know, the reason why I am asking this is because I think I discovered the holy grail (after 7 years of nightmares and a few false "a-ha moments") and now, before I take this holy grail, I just wanted to know if this is worth(non-monetary terms) all the sacrifices.

Pension, choose the red pill.

 

[cold]

Quote from rwk:

A trader trades because he must. Whether it is worth the sacrifice is a nonsense question.

You Sir are a GOD, I mean it

 

[1nibbler]

Quote from rwk:

A trader trades because he must. Whether it is worth the sacrifice is a nonsense question.

Indeed! That is the same reason why an artist paints. I paint because i have to. I would go slowly, but inorexably insane if i did not. Trading would have to be the same, or welcome to the lower 95%.

Mr. cold, sir, you kick ass.

Peace.

 

[Jayford]

Quote from cold:

I am glad you asked, I really am, cause I am bored, I am more bored than poo inside people's intestines

now let me explain

of the 10% of traders, that make it

only one is different from others in a very different way

you see, 9 out of 10 traders that "made it" will make 15-400% annualy

but 1 out of 10 will make far more than that, with less work, less trades, less risk and small DD

it turns out in the end that we indeed are not all born equal

those of us capable of greater abstract thinking, eventually get picked up by republican party for evil deeds

Absolute bullshit. The reason why most people don't make it is they run out of money before they learn what they need to do. It takes awhile, and a ton of discipline. With good training, and a decent amount of money, I'd bet the MAJORITY of halfway intelligent people would be consistently profitable.

Why do I say this? What percentage of Goldy trainees do you think make it trading? Try about 90%! They don't have insider info as many think. They have great training and money to back them up. I have a buddy who trades bonds there so I know this to be a fact.

Has absolutely nothing to do with age or DNA. Some people make the comparison that not everyone can be a surgeon. Well, if they have the proper education and work hard enough, most people can. It's not an innate thing, and neither is trading except in very rare circumstances (Paul Jones comes to mind).

Jay

 

[Joab]

Quote from Jayford:

Absolute bullshit. The reason why most people don't make it is they run out of money before they learn what they need to do. It takes awhile, and a ton of discipline. With good training, and a decent amount of money, I'd bet the MAJORITY of halfway intelligent people would be consistently profitable.

Why do I say this? What percentage of Goldy trainees do you think make it trading? Try about 90%! They don't have insider info as many think. They have great training and money to back them up. I have a buddy who trades bonds there so I know this to be a fact.

Has absolutely nothing to do with age or DNA. Some people make the comparison that not everyone can be a surgeon. Well, if they have the proper education and work hard enough, most people can. It's not an innate thing, and neither is trading except in very rare circumstances (Paul Jones comes to mind).

Jay

Your absolutely right!

 

[tradingjerry]

money just make the world go around... its always great to be trading lucratively