Where does everyone live/trade and how old.

HorsesToTrading · Dec 10, 2005

Quote from Ripley:

Last 24 months:

Net trading losses: -$50 K
Living expenses for 2 years: -$50K
Salary at a job wasted away: -$120 K

25 and to know that you won't have any more negative trading months ever again: priceless.... or at least a couple of billions.

So who cares if you bought a stock at 15 if your losing $$$$$?

fatrat · Dec 10, 2005

25, Los Angeles, CA. Trade stocks and currencies. Flipped real estate for a quick buck, also. Former engineer.

Started full-time trading as a prop trader in June '05. First profitable month in Oct '05. Nov '05 was profitable. We'll see what December brings.

Average profit is still pretty low; roughly $50 if you look at the "long run." Pestering people like Tvardek and Maverick74 routinely for every little bit of knowledge. Certainly not elite.

Deptrai · Dec 10, 2005

Quote from Steve Tvardek:

Myself: 26yrs old, New York City. Been trading a little over 2 years now fulltime.

Even though I am a forex trader, I actually read some of the postings by the stock traders here since you guys amuse me. I thought that you were in your 40s. Never thought that you would be younger than me.

Ripley · Dec 10, 2005

Quote from HorsesToTrading:

So who cares if you bought a stock at 15 if your losing $$$$$?

I didn't clarify it enough for you. I finally started to become consistently profitable.

I have had +$11K days etc, but I wasn't a trader. I wasn't consistently profitable. Of course, anyone can be profitable. But to do that week in and week out takes exceptional skills.

Of course, I did it my way without any mentors or any systems etc and from the ground up.

Deptrai · Dec 10, 2005

Quote from uninvited_guest:

* Vancouver, BC Canada
* 46 years old.
* Semi-retired from the railway.
* Hobbies photography and webmaster.
* Trade Options and Forex on a very small scale. 1-2 option trades a month, forex on the sidelines until RefcoFX mess cleared up.

I actually thought that you were in your 20s. You are old enough to be my uncle.

mizer · Dec 10, 2005

Quote from Ripley:

That wasn't my intention. Its just the fact that anyone can sign up at a broker and place a trade and all of a sudden you're a trader.

But, to be a doctor or a dentist etc you have to go to a professional school and then complete certifications and exams etc to be qualified as one.

There should be a minimum requirement of at least 24 consecutive profitable months before someone can classify themselves as a trader.

Why are you trying to start in on somebody saying they have been "trading a prop firms capital full time for 2 months"? Don't you have to start sometime and somewhere in history?

Who the f**K are you anyway to bash a new daytrader......some POS retail trader that borrowed 25k from mommy and blew the account up, and now is bitter cause you sucked? YOU ARE THE ONE THAT IS'NT QUALIFYED TO TRADE!!

doublea · Dec 10, 2005

28..... Lincoln, NE.

Been trading stocks(part-time) for 4 years. Got into trading futures (part-time) last year after a year internship with a successful ag-trader.

TWMPMM · Dec 10, 2005

35, Manitoba, Canada. Started trading 2 years ago. Still working to be consistant.

Steve Tvardek · Dec 10, 2005

Deptrai,

Just curious why you though I was in my 40's? My girlfriend keeps telling me I am getting to be an old man...maybe she's right

Quote from Deptrai:

Even though I am a forex trader, I actually read some of the postings by the stock traders here since you guys amuse me. I thought that you were in your 40s. Never thought that you would be younger than me.

CONR · Dec 10, 2005

Quote from Ripley:

That wasn't my intention. Its just the fact that anyone can sign up at a broker and place a trade and all of a sudden you're a trader.

But, to be a doctor or a dentist etc you have to go to a professional school and then complete certifications and exams etc to be qualified as one.

There should be a minimum requirement of at least 24 consecutive profitable months before someone can classify themselves as a trader.

Who gives a shit. What do you care? You either survive or you don't! People like you who rip on newbies act like they have been trading since they were 2. Everybody who tries something for the first time is new.