Am I crazy

jztrading · Jan 22, 2004

I trade with some of my money and some of prop firms money.

jztrading · Jan 22, 2004

I trade just equities mostly nasdaq, I was a nasdaq mm

50_luma · Jan 22, 2004

Quote from MYDemaray:

50 luma,

What does that guy trade? Stocks, bonds, ES, forex? Day trade, position trade, swing trade?

From the traders that I know of, those who concentrated on NYSE listed issues were the ones who had steady profits. The styles can be different, from momentum trading of most actives, largest up/down stocks of the day to "specialist" style of trading of closed end funds (making the spread on low volume issues, with frontrunning large orders). It's tough to make a living trading, but very possible.

qwiktrade · Jan 22, 2004

Quote from MYDemaray:

50 luma,

What does that guy trade? Stocks, bonds, ES, forex? Day trade, position trade, swing trade?

sounds like he trades time between a few women..

-qwik

caplan8293 · Jan 22, 2004

Quote from jztrading:

I trade just equities mostly nasdaq, I was a nasdaq mm

Just curious, but how does one become a market maker? Can you give us a little history? How old are you?

Thanks

Jayford · Jan 22, 2004

Quote from jztrading:

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.

I don't think many of the really successful traders look at ET, so who knows what the answers will be.

I know of several traders that support their families, and have for years. I support just myself, and have for years.

Jay

bobcathy1 · Jan 22, 2004

Maybe I am strange....but I make 50k a year from a 10k futures account. Maybe I had better call Ripley's Believe It or Not?

cdbern · Jan 22, 2004

Get yourself into a position where you have passive income, enough to support yourself/your family. That removes a lot of pressure.

snooptrader · Jan 22, 2004

Quote from bobcathy1:

Maybe I am strange....but I make 50k a year from a 10k futures account. Maybe I had better call Ripley's Believe It or Not?

I would work very hard to get some more capital then...

pspr · Jan 22, 2004

Quote from 50_luma:

I know a guy who hasn't had a down month for the last 3 years, with the worst month being up at least 10K. He trades full time and supports 2 families.

Geez!!! Wonder if he would like to support 3??!!

Am I crazy

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