who on here actually makes money trading?

EricReed

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I wonder, after reading most of these threads, who on this forum actually makes money from trading?

By money, I mean over £5,000 a month take home income, after compounding?

Who on here has a £50,000 trading account?

Because from these sounds of it most traders on here are either losers, on a demo or barley making anything....

or would I be wrong in assuming this?
 
Who knows. Lets assume.
I reckon Martinhoul does. Also Arabiannights and Dionysustoast.
I reckon Pocrel, wackypete and DSshriprock make consistent money trading, but im gonna guess not quite over 5k per month.

What about you, Eric? what's your story? how long you been trading? You a TA guy? what instruments?
 
Who knows. Lets assume.
I reckon Martinhoul does. Also Arabiannights and Dionysustoast.
I reckon Pocrel, wackypete and DSshriprock make consistent money trading, but im gonna guess not quite over 5k per month.

What about you, Eric? what's your story? how long you been trading? You a TA guy? what instruments?

I am new to trading... I just wondered if anyone on here is really making money from trading.

most people seem to be doing crap to be honest!
 
of course people are. you should worry about yourself in life not compare to others.
 
I wonder, after reading most of these threads, who on this forum actually makes money from trading?

By money, I mean over £5,000 a month take home income, after compounding?

Who on here has a £50,000 trading account?

Because from these sounds of it most traders on here are either losers, on a demo or barley making anything....

or would I be wrong in assuming this?

Based on the 'only 1% of traders make very good money' statistic.

There are 2500 t2w members who probably make >5K a month.

But only about 1% of the membership are recent posters, so we can conclude that there are only 25 people 'on here who actually makes money'.

That seems about right to me.
 
Based on the 'only 1% of traders make very good money' statistic.

There are 2500 t2w members who probably make >5K a month.

But only about 1% of the membership are recent posters, so we can conclude that there are only 25 people 'on here who actually makes money'.

That seems about right to me.

Those that have got it don't flaunt it.
 
Since moving to a new approach last August I have been up over the last 5 months of 2010 and am up over the first 6 of 2011. Over 12 months I expect to make a profit level somewhere between my fixed living expenses and my 'real job' salary, if I don't compound position size. In 2012, I would expect that perfofmance will be somewhat better, as we should not expect to have another 'Arab Spring' nor a Greek sovereign debt crisis.
 
In 2012, I would expect that perfofmance will be somewhat better, as we should not expect to have another 'Arab Spring' nor a Greek sovereign debt crisis.
Hi Tom,
I hear what you're saying but, on the other hand, would it not be wise to assume (if any assumptions of any kind are to be made) that there will be something else that causes the heartbeat of the markets to go into a flutter?
Tim.
 
That could happen of course Tim. Last year the BP Gulf of Mexico fiasco had a very negative effect. The year before I can't remember but probably something equally valid. Of course, next time I will be more experienced at my own approaches to the market and so better prepared: I have certainly abandoned compounding since the Libya revolution.
 
Around 50% a month gain. Shooting for $2M in 2 yrs.
And yes, I have a live account performing the same way currently doing over $2,000 a week and growing. I love the power of compounding. Check back with me in 6 months to see how much it compounds then.
Yes, it's a struggle to stay in the 5% of the Forex group who actually make money. :)
 
That could happen of course Tim. Last year the BP Gulf of Mexico fiasco had a very negative effect. The year before I can't remember but probably something equally valid. Of course, next time I will be more experienced at my own approaches to the market and so better prepared: I have certainly abandoned compounding since the Libya revolution.

There will always be world events that make the markets very erratic. You excellent quote that I highlighted is what traders need to rely on as time goes on and they gain the experience.

Peter
 
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