It's possible to win the lottery as well.
Any self respecting and successful hedge fund manager, bank trader, self employed trader who is hiring others cares exclusively how good a trader you are. They do not ask how big your account is (they may ask but do not care really). If you are good you will be given funding in a professional trading job or as independent trader. People will chase you down day and night, they will plead with you, they will beg you to manage their money if you are any good (and can back it up with a track record).
This about sums up perfectly well your lack of understanding about this entire business. "Happy few" occasionally win the lottery but NEVER become successful traders.
This is not valid for 99.99999999999% of the people who are on ET. I speak about the "elitetraders" overhere.
"Elitetraders" use all kind of retailbrokers, and they practice what I wrote. Read about the intraday margins they give you.
This about sums up perfectly well your lack of understanding about this entire business. "Happy few" occasionally win the lottery but NEVER become successful traders.
Okay well, instead of telling us how stupid we are, can you please tell us something that would help us understand this entire business?
Read my posts again in this thread, they contain everything you need to know BEFORE even getting started. Know yourself and whether your character/mentality/passion/consistency traits are matching with what it takes to even get started. Without it no amount of account funding nor education will spare you from miserable and life destructing results.
OK guys everybody calm down. This was supposed to be an upbeat motivating post to say that yes we can do this and be successful.