Greatest Daytrader(s) in the world

Quote from WmWaster:


20k/day -> 7,300,000/year

Not sure how much does this guy put to achieve 20k/day.

$20k/day x 250 trading days per year is $5 million. 250 trading days assumes that one never takes a vacation or a sick day, which in my experience in working with other traders is either very rare or unrealistic. Typically, if a trader says he makes $x/day, then it is the average that he makes with both his up and down days.
 
Quote from Adobian:

I want to quote this so I can remember to discipline myself next time it happens. This is useful. I have done it before so I know it is useful.

Make a sticky and stick around your screen (or somewhere that is easily seen).

It helps! :)

Remember, discipline is your friend. Non-discipline is your enemy. So why not be disciplined!
 
Quote from Huskydog:

$20k/day x 250 trading days per year is $5 million. 250 trading days assumes that one never takes a vacation or a sick day, which in my experience in working with other traders is either very rare or unrealistic. Typically, if a trader says he makes $x/day, then it is the average that he makes with both his up and down days.

Yes, you are right.

The "day" here should mean "trading day".
 
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