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How many people here actually make a living?
- Thread starter Crimson
- Start date
Appears you're not smart enough to get wealthy off welfare.
I suggest you open a bank and then apply for TARP funds and then pay yourself a Billion $ bonus.
I suggest you open a bank and then apply for TARP funds and then pay yourself a Billion $ bonus.
Quote from KINGOFSHORTS:
I live in a Section 8 housing and trade with free money thanks to Obama. You guys are the suckers.
I get paid to watch Jerry Springer, My housing is free and I get free gambling money thanks to Obama.
Quote from Crimson:
Just curious how many people here make at least $50,000 per year doing trading. And if so, how much your capital is.
My guess, right from my ars:
Paper traders, and charlatans - 80%
Under $0 (losers of actual hard earned $$$) - 18%
0 to $50,000 = 1.5%
$50,000 to $499,999 - 0% (None, zilch, zero)
over $500,000 - 0.5%
IMO a trader makes money or not. No middle class.
Forget it. If we are 10 000 people here, there are 50 who average above half a million? Divide that by 5, transfer the remaining to the paesants.Quote from ivanbaj:
My guess, right from my ars:
Paper traders, and charlatans - 80%
Under $0 (losers of actual hard earned $$$) - 18%
0 to $50,000 = 1.5%
$50,000 to $499,999 - 0% (None, zilch, zero)
over $500,000 - 0.5%
IMO a trader makes money or not. No middle class.
Quote from ivanbaj:
My guess, right from my ars:
Paper traders, and charlatans - 80%
Under $0 (losers of actual hard earned $$$) - 18%
0 to $50,000 = 1.5%
$50,000 to $499,999 - 0% (None, zilch, zero)
over $500,000 - 0.5%
IMO a trader makes money or not. No middle class.
It seems your ars isn't very statistically adept.
Even if the p/l thread is 100% BS, and I know it's not, if there are sub 50k earners here as well as some who make over 500k, there would be an extremely high prob of a few showing up who make a figure somewhere in between.
But then again, I'm just using your arses numbers as a guideline.
Quote from total_keops:
Forget it. If we are 10 000 people here, there are 50 who average above half a million? Divide that by 5, transfer the remaining to the paesants.
10,000 aliases. There are users here with 10 aliases. More like 1000 active users. But the ad rates are high. Either I am wrong or the advertisers are schmucks. Probably I am wrong.
Forget the numbers I posted. Pure guess on my part.
The point I was trying to make is that, in the long run, a trader makes good money or none. One can have few small years out of luck. I true successful trader will make a killing for years.
Quote from ivanbaj:
The point I was trying to make is that, in the long run, a trader makes good money or none. One can have few small years out of luck. I true successful trader will make a killing for years. [/B]
What sets him apart from the others? Capital, knowledge, luck, insider info or all 4?
I shall use the last line of your quote for inspiration as I start my journey in trading.