anyone here making 7 figures a year doing this?

JackRab · Jan 23, 2018

InTheMaking said:
@lawrence-lugar, bro! You don't get a lot of love on here, do ya?

I find some of his posts amusing

...

Bobbybax · Jan 23, 2018

I know guys who have made $2000/week trading bonds with sub $100k accounts for the last 20 years. They just can't make the leap to the next level.

Visaria · Jan 23, 2018

InTheMaking said:
Ed Seykota's Rule #8 of trading
#8. Plow money back into your trading portfolio. Don’t make a big profit and then run out to buy a new Porsche.

That's funny because that's exactly what I'm about to do!

fordewind · Jan 23, 2018

doing what?

fordewind · Jan 23, 2018

InTheMaking said:
@lawrence-lugar, bro! You don't get a lot of love on here, do ya?

lol..

Visaria · Jan 23, 2018

fordewind said:
doing what?

The running out to buy a Porsche bit of his quote.

fordewind · Jan 23, 2018

Visaria said:
The running out to buy a Porsche bit of his quote.

everything i made this year was spent on tube socks

tomorton · Jan 23, 2018

SoesWasBetter said:
no one here making 7 figs EVEN if you count the .00

That would mean 5 figures. Actually, I've been having a good run..............

tommo · Jan 23, 2018

Bobbybax said:
I know guys who have made $2000/week trading bonds with sub $100k accounts for the last 20 years. They just can't make the leap to the next level.

Similar to me, I can make 5-10k a month off a sub 50k account. But never really got any bigger apart from a few glory days about 10 years ago. The books say "oh just up your size, everything is exactly the same". Its not the case. It isn't just exponential growth. But hats off to the guys that make it to the next level.

It sounds impressive but after software fees, data fees, lack of job security, no holiday pay/sick pay, stress its not all its cracked up to be. Its just about worthwhile at that level.

Xela · Jan 23, 2018

cole_ said:
anyone here making 7 figures a year doing this?

There are clearly members here doing so, but it's still a self-defeating question, for two main reasons: first, they have no incentive or reason to say so; secondly, many/most of them will be doing so largely while trading OPM in exchange for salaries/bonuses, rather than their own PAs.