Trading for a living....full time....only income

Quote from tangentShot:

I don't trade for a living. I trade to make a fortune.

There're plenty of better ways to make a living.
More...

How do you define "better"?
 
Quote from tangentShot:

For those who don't know what I mean, you're probably trading for a living & really, only for a living.
More...

Yes, that's right, it's for a living (to pay bills, have some fun and add to savings).

And a little side benefit is a lot of time for a life. When I hear about people commuting to work two or more hours a day, or watching TV four hours a day because they're so stressed or depressed, working from home 6 hours a day (or less) seems "better" to me.

:)
 
  • Like
Reactions: 777
Quote from NoDoji:

Yes, that's right, it's for a living (to pay bills, have some fun and add to savings).

And a little side benefit is a lot of time for a life. When I hear about people commuting to work two or more hours a day, or watching TV four hours a day because they're so stressed or depressed, working from home 6 hours a day (or less) seems "better" to me.

:)
More...

Do you remember the guys in the past that showed up at ET that said if you're not making at least 5 million a year...you ain't a profitable trader and not making enough to be noticed. :D
 
Quote from wrbtrader:

Do you remember the guys in the past that showed up at ET that said if you're not making at least 5 million a year...you ain't a profitable trader and not making enough to be noticed. :D
More...

Shhhh...don't do anything to attract the Smurfs back!

:p
 
Quote from Bob111:

i don't know the exact stats,but looks like there very few members left,who actually trade. judging by activity of the entire board. it's dead.
my profits are lower and lower every day. due many factors. i'm working on couple new ideas,but it's kind of hard. over the years i've became a bit spoiled by easy profits(i'm market neutral guy and this non stop,low volatility nonsense bull market is killing me as we speak(see many factors)). current low profits aren't encouraging also.
this year i made like 15K. seriously. sitting on front of a 4 PC's from 8 to 5 pm. amount of trades still same,compared to previous years,but profits are GONE. was it worth it(while TSA guy at our airport making 50+K)? i'm not sure at this point.
as you might notice-it's not just me-whole industry of trading is dying.
look at this volume,look at the number of ticks(trades) on stocks. it's pathetically low and getting smaller and smaller every day. number of tickers keep declining,number of trades keeps declining.
More...

I see a lot of people complain about low volatility. Instead of complain about it why not profit off it? there's tons of ways to profit off low volatility..
 
Quote from Took2Summit:

I see a lot of people complain about low volatility. Instead of complain about it why not profit off it? there's tons of ways to profit off low volatility..
More...
I'm all ears. Do tell! :)
 
Quote from Took2Summit:

I see a lot of people complain about low volatility. Instead of complain about it why not profit off it? there's tons of ways to profit off low volatility..
More...

Some do profit from it but that doesn't mean the "low volatility" goes away. Thus, some folks just like to complain. Today its low volatility, tomorrow its the new exchange fees...something to complain about.

Others just move on to something else that has decent volatility.
 
You must log in or register to reply here.
Back
Top