So, what does a good trader make per month?

If you only making 4k out of 100k then you are better off writing small loans and charging high % rates. i.e. prosper and the likes.
 
I haven't posted on this site in a long time but thought I would chime in and echo what another poster said with respect to consistency. I am a perfect example of a reasonably small trader but who trades very, very consistently - that has always been my objective. Consistency sets you apart from the pack. Sounds cliche, but focus on that and profits come. With consistency even a 'small' trader can do extremely well.
 
Quote from bat1:

What's good and what's bad?


I can't find anything on what traders make

Right now I'm playing with 100k and making about 4 grand out
of it is this good fair or bad? per month

We all know what rookie football players make then
what pros make

what about Traders?
More...
depends on how long you've been trading, for a rook thats good,the longer your at it, the more setups you will see,that builds, you are a business and have to build yourself,learn to take setups and sit on your hands, and learn how to take losses quickly,you won't be giving it back
 
Quote from BlueTurtle:

you can make 2k a month at McDonald's...

so quit if you can't make that.

and double that is only 4k...you gotta be 2x as good as McDonald's since you take so much more risk.

good job makes 6k a month and has retirement, health care, sick time, paid vacation...

so now you better make 8k a month just to be "good".

and this is every month.....average for a year.

now, if you are elite, you are making 800k a year to 800 million.
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Last time I talked to an intern I learned that you cannot make 2K at McD

It is more like 1K to 1.5K because they do not give you the hours. =)

I am talking about Canada though.
 
don't they make something like a million a month or more?

so if you're only making 4k you are not very good

if you want to be good, try to make a million next month

you'll need all that because they also pay a lot of taxes
 
A "smart" trader charges 50 people $50 a month for a chat room.

now they make $30k a year "educating".

fund an account for $5k and show live trades. hopefully don't lose all of that.

upsell every day......sell books, seminars, whatever...

gotta have an annuity....

and a really smart trader hires others to run the chat room and sell seminars.....while they talk about selling the business.
 
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