Preparing for a Life After Daytrading

[kinggyppo]

Quote from scriabinop23:

What ever happened to two hookers, blowjobs, and the coke during that trade? I thought that was the best.

top that with a good beef sandwich.

 

[Drock409]

while watching a football game

 

[midlifeguy]

With all the talent on this board, you know raking in 6 figures a day, it is amazing you all aren;t billionaires.
I guess my goal of $500-1000 a day seems like poverty to you all.

Quote from Rearden Metal:

<i>Quote from michaelscott:
How is the quality of life that great as a daytrader? </i>

To me, there is no better feeling in the entire world than putting on huge positions and having everything work out perfectly for a six-figure winning day. Absolutely nothing else can beat that thrill... Nothing!

 

[Businessman]

Quote from scriabinop23:

What ever happened to two hookers, blowjobs, and the coke during that trade? I thought that was the best.

He really only makes three figures on his good days and celebrates by surfing for group sex and blowjob porn while drinking a can of coke

 

[DHOHHI]

Quote from midlifeguy:

With all the talent on this board, you know raking in 6 figures a day, it is amazing you all aren;t billionaires.
I guess my goal of $500-1000 a day seems like poverty to you all.

Nothing wrong with $500 to $1000 ... I averaged $675/day last year and was happy with that. This year I'm around $695/day.

Those claiming to make the really big numbers here are few and far between.

 

[Rearden Metal]

Quote from midlifeguy:

With all the talent on this board, you know raking in 6 figures a day, it is amazing you all aren;t billionaires.
I guess my goal of $500-1000 a day seems like poverty to you all.

It's not like I (or any other intra-day trader) can rake in six-figures <b>every</b> day. It only happens once in a while, and six-figure losing days happen too.

Quote from Businessman:

He really only makes three figures on his good days and celebrates by surfing for group sex and blowjob porn while drinking a can of coke

http://www.elitetrader.com/vb/showthread.php?s=&postid=1168954&highlight=blow+sluts#post1168954 :eek:

And:

http://www.elitetrader.com/vb/showthread.php?s=&postid=1096739&highlight=june#post1096739

But there's a flip side...

http://www.elitetrader.com/vb/showthread.php?s=&postid=1101601&highlight=ego+check#post1101601

 

[midlifeguy]

Geez, What kind of size account do you have?
If you are in the millions, I wouldn't risk it all trading.
Wow.

Quote from Rearden Metal:

It's not like I (or any other intra-day trader) can rake in six-figures <b>every</b> day. It only happens once in a while, and six-figure losing days happen too.



http://www.elitetrader.com/vb/showthread.php?s=&postid=1168954&highlight=blow+sluts#post1168954 :eek:

And:

http://www.elitetrader.com/vb/showthread.php?s=&postid=1096739&highlight=june#post1096739

But there's a flip side...

http://www.elitetrader.com/vb/showthread.php?s=&postid=1101601&highlight=ego+check#post1101601

 

[Maverick74]

Quote from midlifeguy:

Geez, What kind of size account do you have?
If you are in the millions, I wouldn't risk it all trading.
Wow.

" I told Worm you can't lose what you don't put in the middle. DEAL. But you can't win much either."

ROUNDERS

 

[deviltrader]

Quote from midlifeguy:

Geez, What kind of size account do you have?
If you are in the millions, I wouldn't risk it all trading.
Wow.

how do you know he's risking it all in trading?
for all we know, he could be risking only 1/3.

 

[Rearden Metal]

Quote from deviltrader:

how do you know he's risking it all in trading?
for all we know, he could be risking only 1/3.

Right, <b>much less</b> than 1/3 of my net worth is on deposit in trading accounts. I've known a couple 7-figure net worth traders who keep nearly all of their money in trading accounts, and I think they're crazy to do so.

One more note: I put up the above numbers last year when my trading was going a lot better. The months since have been brutal, most of my buying power circling the drain. This low VIX grind-chop crap gets me every time.