Quote from mksummny:
FYI: I started with 4,200 in 1998. When I ended trading I had close to $16 million in profit. $16 MILLION. I never once reloaded, never ever reloaded. Let me say that again. I NEVER ONCE RELOADED! I had a million 2 years into trading. I excelled through 2003 -2011 when I quit. I made more money in 2007-2011 then most people make in several lifetimes. While you might consider this to be minimal as a trader, I worked from my house, spent time with my family, vacationed 4 months out of the year and did what I wanted for years and years. I was a success. My trading was well known on the street. I traded 10-20% of LU (Lucent) daily trading volume for over 3 years. One guy, in his office, in his PJ's, tossing the market around like my @#%#@. I regularly traded 5% of C (Citigroups) trading volume everyday for years. I traded other stocks sometimes being 30% of the daily trading volume. Quite often for months at a time. While this might not be what you can do now, it worked and I succeeded from it. I was quite good at my job. I was quite intuitive on being ahead of the curve. I averaged 1.5 billion shares traded annually for 4 years in a row by myself. That is nothing to chalk up to a newbie. Like I said, this thread was written for advice from the old school crowd. They know me and they know me to be real.
Same ol' Elitetrader with bashing, jealousy and toolbags.
