Who are some LEGIT Retails that "made it"?

Low 5-figures into 5MM in a few years... damn. I'd be curious to know what kind of risk and what type of structures were used, assuming this was done using options.
 
newwurldmn said:
you started the conversation with me; so I ask the same question of you.
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When I said that you could trade a small account and eke out a living . You replied
don’t see that as a sound long term career move. if you aren’t building wealth then there’s lower risk higher return options in life.
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I said you could do both.
You said that trading and building wealth weren't the same thing.
And if you couldn't build a 1 mil nest egg in 10 years you were not being properly compensated.
You also said that many weren't able to do that. so I wondered what point you were trying to make?
 
deaddog said:
When I said that you could trade a small account and eke out a living . You replied
I said you could do both.
You said that trading and building wealth weren't the same thing.
And if you couldn't build a 1 mil nest egg in 10 years you were not being properly compensated.
You also said that many weren't able to do that. so I wondered what point you were trying to make?
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Living off your trading can mean “I make 4k/month and spend 4k/month”

in that case you aren’t building wealth. If you earn 10k/month and save 6k. And as a result the next year you can earn 12k a month (because you more money) that’s building wealth.

I think you can resolve the conclusion of my other statements.
 
newwurldmn said:
Living off your trading can mean “I make 4k/month and spend 4k/month”

in that case you aren’t building wealth. If you earn 10k/month and save 6k. And as a result the next year you can earn 12k a month (because you more money) that’s building wealth.

I think you can resolve the conclusion of my other statements.
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Ah! I got it.
And it's kind of what I do.
How about you? Are you building wealth from trading?
 
yes good point he is a vendor although he has a number of staff who code and test for him...
i cant vouch for the amount of $ or what level of money he has made sorry and have np proof..
two others come to mind but i have no proof
Acary and Maestro but im in the same boat as Lawrence
thanks

Laissez Faire said:
Isn't he a vendor?

Great guy, but I'm not sure he actually 'made it'.



Apples and oranges. Qullamaggie is a trader, not a fund manager running a Ponzi, i.e., he has no clients.

As for ICT, I briefly checked out his content after running across him during my brief period on Twitter and while some of the stuff he said makes sense, a few of my alarm bells went off.
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Im at the top of my game, trading since 2018 full time. Its been a struggle for some years first losing quite a bit; started 2011, gone flat once and started demo trading 2016 again. Only when I start trading day by day I was making great progress.

It takes discipline, knowledge of news implications and technical skills to reach some proper level. Im using some leading indicators, MA's and clasic pivots. NQ and DAX make up for 90% of my trades. Im trading news(catalists), flows and technicals. I have newsserver(s) and IB account, only trading futures.

My golden rules:
- When are you gonna trade? When the odds are on(Vix/bonds/flow/pivot/divergence/catalist)
- What you gonna do when their is real catalist? Im gonna hit a freaking homerun, going for pivots
- What is it you are doing when you enter the trade? You follow the fucking rules. First fixed TP on some defined target(2nd in profit when first TP) or stuffing the SL's higher(catalists)
- What are you gonna do when you lost some trade? You're gonna take it like a man(Max loss defined for every asset class)

Im usually trading the cash market after open DAX/NQ; trading very leveraged; usually happy or calling day after 2-3 hours trading. Hope its helpfull for some of you. Have a nice day!
 
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