Is there anyone out there who supports their families solely on daytrading, can this be done? I've been is the trading world for 15 years the last 5 as a marketmaker. Isaved some money but I cant live off it, I need to still make a living like anyboby else. I know psychology is abig part of it but its easier said than done.Is there anyone in a similiar situation and can you share your thoughts please.
Am I crazy
- Thread starter jztrading
- Start date
if you MUST win, you wont.. if you put too much pressure (financial) on yourself it will be difficult to put that out of your mind and trade from a peaceful perspective..
im a single guy and was full time trading for 3 years.. i couldnt imagine what it would have been like if i had been worrying about a family too.. now i have a day job and trade at night.. knowing that i dont need the money makes a tremendous difference in my perspective..
-qwik
im a single guy and was full time trading for 3 years.. i couldnt imagine what it would have been like if i had been worrying about a family too.. now i have a day job and trade at night.. knowing that i dont need the money makes a tremendous difference in my perspective..
-qwik
I think trading is like any other profession - there are people who are good at it, and people who are not. There are people who make A LOT of money, and people who do not.
I think it is all about finding what works for you, and having the focus to execute day in and day out.
So, to answer your quesiton, yes there are people who do this and support their family and have a lot of money left over!
I think it is all about finding what works for you, and having the focus to execute day in and day out.
So, to answer your quesiton, yes there are people who do this and support their family and have a lot of money left over!
Transact Futures
Transact Futures
I think trading falls into the 80-20 rule. 20% makes 80% of the money. If it was easy everyone would be doing it.