Yup if I was making that much I would say "I don't make that much". Why brag about the ammount of money you have, thats like putting up a sign to have to have people exort you
How many of you make over 100k/day regularly day trading?
- Thread starter kalikahuna
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Yup if I was making that much I would say "I don't make that much". Why brag about the ammount of money you have, thats like putting up a sign to have to have people exort you
<big>Kudos to you for the sage advice, something that you definitely won't hear very often among egomaniacs that congregate here. My rhetorical question, to which you need not bother answering, is:</big>
<font size=5>Just what the hell does it matter (to you and your buddies) whether somebody makes $100 or $100,000? </font>
M-F what about those who also trade the egyptian and israeli market on sundays?Quote from saxon22:
But a friend of mine, her new boyfriend told me and my wife that he avgs. 100k/day day trading in addition to earning 1mil/yr in long-term capital gains. Is this common?
Very!!! Most Et'ers get that and more M-F.
: +1$100K per day can be and is being done with automated systems
The real question is this: what sort of enterprising man would be able to sustain an account balance which would generate 100K per day. Moreover, if one is making 100k per day, how many days a year is he actually trading.
Consider the following. If have a blowout day where I bring home a bundle, what is my most immediate response? - where will my travel plans take me - i.e. get away from the screen to avoid emotional irrationality on my next set-up.
Holding belief in diminishing marginal returns it seems unlikely that a person, regardless their background or financial interest, would be disciplined enough after say, 30 100+K days in a row to maintain sufficient risk controls to experience another 30 100+K days in a succession.
Just the very existence of such a positive return from a chaos system is a statistical outlier. Possible? Sure. Likely? Well, there is a fat tail out there somewhere...
Consider the following. If have a blowout day where I bring home a bundle, what is my most immediate response? - where will my travel plans take me - i.e. get away from the screen to avoid emotional irrationality on my next set-up.
Holding belief in diminishing marginal returns it seems unlikely that a person, regardless their background or financial interest, would be disciplined enough after say, 30 100+K days in a row to maintain sufficient risk controls to experience another 30 100+K days in a succession.
Just the very existence of such a positive return from a chaos system is a statistical outlier. Possible? Sure. Likely? Well, there is a fat tail out there somewhere...
You are correct and the reason for total automation
