The top 3 guys who make over 1 million a year at my firm...
- Thread starter s0mmi
- Start date
>> You mentioned you've been trading on a simulator/demo account for 2 years. You're delusional if you think that's "so much work".
I made $0 for 12-months. I had no other job. I had to live off money I had saved up during university while working.
Many others at my firm left real full-time paying jobs with holidays, perks, and superannuation, just to give trading a go. They have wives, some had kids, and rent to pay.
>> My friend and I eventually moved to graveyard shifts from 4pm to 8am the next morning. They became normal hours.. All while barely making any money. We were lucking to get $1.5-2.5k for ourselves at the end of the month after split. And there were months we'd barely make that all because of 1-days loss during a quiet period.
If you think trading for 2 years on a simulator account is hard work then what would you say about the experiences and effort I just mentioned by comparison?
no,i just think your arrogant.your so full of your own sh8t,you don`t even bother to read what people write!!!i`ve also mentioned 15000+ hours of the screen time,and if your too dumb to count how much is it,that`s YOUR damn problem!
sorry if I was a little rude and belligerent early on in this thread. I'm having a hard time getting my medicine due to Obama, the DEA and the republicans. And alcohol is a very poor substitute. He started this thread out on the 'Trading" forum. Then it was moved to "Prop Firms". If he started out on prop firms I would have just let him self destruct.
Yeah that was weird. This is not a thread about prop firms at all.
The focus of this topic was to use statistics and the people of my firm as a general proxy for market conditions/average profitability and to inform others about what goes on with the million dollar guys vs. the beginners. There's lots to learn.
I only used the nature of a prop firm to back-up my claims. Otherwise I would be just a random guy sitting at home who is making statistics out of nowhere.
Everyone has read all the generic trading principals anyway. You can find them all over the net written in hundreds of different forms but all saying the same thing. I specifically found certain traits that the best of the best are all doing, even with completely different strategies + execution methods.
RN, I'm inclined not to put too much stock in two years of experience paticularly when equities have been a one way street. That said, if he was trading currencies and crude as well would you be less concerned that he has not seen a market cycle?
Since I only trade CL outright this thread offers little in the way information but I am curious to hear from those that spread whether this helps them or is it purely entertainment. I don't hear comments coming back and I wonder if this thread is active primarily as an action movie. I hear about him being in the trenches and I'm sure he is -- he risks time and money daily. But many of us risk time and money daily yet do not have interesting tales to tell ... or just don't tell them.
Spreaders -- active spreaders -- are you learning things that count?
Since I only trade CL outright this thread offers little in the way information but I am curious to hear from those that spread whether this helps them or is it purely entertainment. I don't hear comments coming back and I wonder if this thread is active primarily as an action movie. I hear about him being in the trenches and I'm sure he is -- he risks time and money daily. But many of us risk time and money daily yet do not have interesting tales to tell ... or just don't tell them.
Spreaders -- active spreaders -- are you learning things that count?
SN
Good points Sir â as always
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FX = money flow rules
CL = Yep..., although I would think acts of war / spills / weather / seasonality / supply / stockpiling â and the such would make for sustained atypical conditions / moves
(I don't like my use of "sustained" here, but can think of no better word at the moment)
Nonetheless
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OP,
Folks drop in, validate your stuff â Iâll be the first to apologies
(Bone comes to mind)
RN