How much do you REALLY make trading?

Quote from dafugginman:

a lot of people on here are vastly underestimating the people on this board, talking like 50k is the cream of the crop. this board has a mixture of beginners, to the 1-3 year struggling trader, to the heavy hitters, and everything in between. there are good traders on here, and professionals from every major prop firm.

the results of the poll are prolly accurate, with 40% responding making above 50k. you should've added categories for 100k, 200k, etc.

just because you can't make money, doesn't mean nobody else can.

Maybe you are right about the poll. I don't know. But in my case, I am challenging a 22 yrd old with one screen, a cable modem, trading on 3 hrs sleep, who claims to make very consistently $15gs a week in 2003 in stocks. Very unlikely.
 
I have been trading for a couple of years now and my approach, methods and techniques have been evolving all the time.

Although I trade everything, these days I like to daytrade stocks, primarily the QQQs.

The size of my account is $100,000, as I take all gains out of it religiously every month.

2002 was my first profitable year, although 2001 was not too bad - around breakeven. March 2002 was my last losing month.

I'm currently able to pull out about $6,500 per month.
 
Quote from Marc to Market:



You just won't give it up, will you? Are you that jealous or what? For what purpose would it serve me to make all this up? To sell something? For the glamor? What would be my motivation? I don't know any of you from a hole in the wall and I've refused people's offers at mentoring or coaching them. So tell me please why I'd make all of this up out of the blue. There has to be a motive if I'm bullshitting; what is it?

Marc


A reason? Simple. You get off jerking these threads.
 
Quote from Marc to Market:



You just won't give it up, will you? Are you that jealous or what? For what purpose would it serve me to make all this up? To sell something? For the glamor? What would be my motivation? I don't know any of you from a hole in the wall and I've refused people's offers at mentoring or coaching them. So tell me please why I'd make all of this up out of the blue. There has to be a motive if I'm bullshitting; what is it?

Marc

Trust me, if I believed you made that, I WOULD BE jealous (in a friendly way). Since I don't believe it, I'm not.
 
Marc,

I got a check for $500 bucks in your name if u fax me your last 2 months statement. If it's not showing 15k per week profit, send me a check for $250.

2 to 1 odd, I will take that anyday. $500 bucks for dinner for 5 mins worth of work faxing. Not bad isn't it ?

If u want to do fax it, let me know.
Because I bet u that I would win the $250.
 
Quote from Marc to Market:



If you're so sure, why don't you put your money where your mouth is? I can provide documented proof of last year's earnings. Last year I averaged better than $10K a week.

Call me at 845-629-8901 and we can work out the details.

Consider this a "put up or shut up" request.

Marc

Why would you need to prove anything to anyone on ET... much less issue a challenge?! Sorry, me thinks you protest too much.

Have only shared my situation with a few guys I got to know via chat; and anyone who tells me they make money all the time is a little hard for me to believe. And I'm saying that having had many months of real good profits... and having a great Feb-March swinging in a tough market. But everyone gives some back... no one is perfect.

So IF you are making that kind of money... what would you say is the reason you came on ET; to share your insight or prove to others your value? Most real good traders I've known usually don't have to brag. Same on ET. Have fun..... yeah! Celebrate victory... right on!

But why compete.

The competition in this biz is within ourslves.

G'luck on continued (apparently ) dynamite trading...

Ice:cool:
 
To Thunderbolt...


should break down this poll further...

how many of the traders earning money... hold overnights, swing, do options, futures etc.

Or a combo.

I know this is a daytrading site.. but would be interesting.

I:cool:
 
I got my 100k from a property that I sold, which is profit. I actually was uncomfortable doing that because my family has been in real estate all my life and that with hard work is a solid business, but it really burned me that I lost what I lost. So this money is now being used to get some back, again I use it as supplemental income but doing well now. Slowly but surely I will be back, it isnt brain surgery, alot of it is patience.
Take care
 
Quote from LionTrader:

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.

i was talking about the ability to move size, futures vs. stocks.
 
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