How much do you REALLY make trading?

Gordon Gekko · Mar 13, 2003

I really am the definition of a loser trader. Sucks.

BSAM · Mar 13, 2003

Quote from thunderbolt:

Since you asked, fiscal year 2002: $92,156.23 net. That's minus commish, chat service and data feeds.

Regards,
BOLT

BOLT.....

Didn't mean how much you specifically make. Just meant to point out that a person should concern oneself with how much he/she earns.

But, must say 92,000 bucks in 2002 is GREAT work. Hope you get an even bigger piece of the pie in 2003!

Good luck.

BSAM

phantom · Mar 13, 2003

Quote from Gordon Gekko:

How the f are you guys doing it?

If I could make 8% of that, I'd be a happy man.

assuming a profitable trading strategy, i think an advantage of trading futures is that it is easier to trade size. a person can flip 100 eminis without a problem. that's $1,250 a tick. you have to trade 25,000 shares of a stock and get a .05 move to make the same. i don't trade stocks but i'm pretty sure a 25,000 lot is not as easy to get in and out of.

NihabaAshi · Mar 13, 2003

Quote from phantom:

assuming a profitable trading strategy, i think an advantage of trading futures is that it is easier to trade size. a person can flip 100 eminis without a problem. that's $1,250 a tick. you have to trade 25,000 shares of a stock and get a .05 move to make the same. i don't trade stocks but i'm pretty sure a 25,000 lot is not as easy to get in and out of.

Bingo

NihabaAshi

LionTrader · Mar 14, 2003

UU i like it. Guy who thinks fliping 100 lots on ES is easy.

This is a pointless thread, but its amusing, something to laugh at after trading day.

Oh btw, I make 100k per day, trading currencies, commodities, all the futures, stocks and bonds.

TAKE THAT!

p.s. when are people going to realize that cyberspace comes with Alice in Wonderland.

WDGann · Mar 14, 2003

Puts up sign:

Will Trade for Food

Gordon Gekko · Mar 14, 2003

Quote from WDGann:

Puts up sign:

Will Trade for Food

WDGann,

What's up with you? Do you not make money either?

WDGann · Mar 14, 2003

Quote from Gordon Gekko:

WDGann,

What's up with you? Do you not make money either?

I don't make any money. I'm dead broke. I'm working 80 hr/week shift at McDonald's.

Tmakedon · Mar 14, 2003

I have a 100k account and I make comfortably about $1200-1500 a week, and I do that carefully. Its getting to the point where its easy for me to do that now because I really use those STOPS, and minimize loss big time. I do want to qualify this post by saying that I first started trading seven years ago and blew through about 100k in a year and a half. I was sick for about a year and a half after that and was completely out of the game. I was able to get together this cash, (THANK GOD) and I cherish it appreciate it and respect (I didnt have any of those qualities when I first started trading RECKLESS was the word). I think if you have a plan 5-6k a month on a 100k account is easily achievable, and Im a conservative guy.

Take Care

TheCaracal · Mar 14, 2003

Quote from Tmakedon:

I have a 100k account and I make comfortably about $1200-1500 a week, and I do that carefully. Its getting to the point where its easy for me to do that now because I really use those STOPS, and minimize loss big time. I do want to qualify this post by saying that I first started trading seven years ago and blew through about 100k in a year and a half. I was sick for about a year and a half after that and was completely out of the game. I was able to get together this cash, (THANK GOD) and I cherish it appreciate it and respect (I didnt have any of those qualities when I first started trading RECKLESS was the word). I think if you have a plan 5-6k a month on a 100k account is easily achievable, and Im a conservative guy.

Take Care

How did you get the 100K together the 2nd time, if you don't mind me asking? Will understand if you don't want to answer.

Or PM.

Best,
David