Have you been trading profitably for more than a year?

Have you been trading profitably for more than a year?

  • YES

    Votes: 152 58.2%
  • NO

    Votes: 109 41.8%

  • Total voters
    261
  • Poll closed .
Quote from Ripley:

Considering that nowadays, only the smartest and brightest are entering the game... (off floor traders), I would contend that there would be a 70% winning rate.



I would contend that quite the opposite is true. The general public is getting involved, not just the best and brightest. This can be evidenced by the tremendous increase in exchange volumes. Technology and information has brought this about and has most likely increased the losing, not curbed it.
 
Quote from Buy1Sell2:

the poll here is all I need to see to realize that there are some folks less than honest here. The actual profitable is much much less I would say.
They are simply going with "the Trend".
:D
 
This would be a better poll if it ask who has made at least, say, $50,000 (or the equivalent) in the past year. In other words, who actually makes a living doing this.
 
Quote from simonee:

Well, if you take in consideration how difficult this business is, many would be happy to only break even.

Maybe in the beginning, but no one is going to be happy breaking even for long since the whole idea is to make money. Even more, if one can't make a living off trading, then they have to have a hold a 'real' job, as well.
 
Quote from TheFinn:

Maybe in the beginning, but no one is going to be happy breaking even for long since the whole idea is to make money. Even more, if one can't make a living off trading, then they have to have a hold a 'real' job, as well.

correct.
 
I make a living (soon to be fortune) doing this




just started out last year 2005 JAnuary 1

A good income trading stocks would be around

10k a month

A better income would be

20-30k a month

A great income would be
$50k+ a month

Anything less means work has to be done.


consistent is key of course
 
I have recieved my new PCI express NVDIA 128 meg Dual head card by USPS today :)


You see a while back a very rich man told me:


"The more screens you have the more money you make"

so of course like the extremely smart person I am, I Went out and bought 8 LCD monitors and 4 dual heads.

I just bought 2 more monitors and 1 more dual head.

So that will Take me up to 10 LCD monitors.


I hope this works because I felt this bump under my chest... hard bump after I started all this monitor thing.

Doctor said something to do with UV rays and cancer,

I hope its not something related to my eagle spread 10 LCDs radiation.


Well at least I'm listening to the old rich guy, I can do it!


12 monitors by next month!
18 by the end of this year!
 
voted NO
closed in little, little gain 2005.
2006 started out pretty bad... in the red again... let's see
I think the 90-95% is the true percentage of losers here in ET may be even more :-)

Good trading

B_M_S
 
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