Full time trading does it really pay

Allow me to explain.

Take a $100,000 account.

Trade an emini S&P contract. Stop loss = 1 point, target = 3 points.

Win the trade.

Declare a 300% profit, having made $150 quid on a $100k account.

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Yea and if he has a losing trade, he only lost 0.000001% because he uses the full balance in calculating losses times a million for the hell of it.

Howards trading. Up 300% loses 0.01% up 300% loses 0.01%. Why doesnt my bank account have a milion billion in it???

Because you are not Howard. Not all of us are gifted. We scrubbers have to buy his book.

personally i was always prepared to take a bit bigger risk and i lost some money initially but i came back with 3k and an edge.

i now have a mentor and funnily enough he has this same boring textbook approach you do. shame really that he bets a small % on such good setups, its a waste of his incredible chart reading skills. my belief is if you have a big edge you need to go for it and make the most you can asap, since it probably wont last forever.

unless you have a large account you arent going to make a living as a full time trader risking 1%. even 5% is probably not going to cut it unless you trade very frequently. i bet 20% per trade and took my stake from £3k to about £70k in 6 months. now im making decent money trading at about 5-10% risk. last month i made 14k.

so the answer to the question is yes it can be done, but you have to be realistic. if you have a tiny account its going to take a long long time unless you bet very aggressively

ARE YOU MAD?, you are risking a lot!, if what you say is true you are a big leaguer, but it would take just one bad trade to erase your account!.
I have a small account, it varies from 2 to 5 k but i make from 30 to 60% each week, and i risk only 0.3% per trade, i make not less than 1000 pips each week so, lets say you have a 10,000 account, you would be making anything from 3,000 to 6,000 each week, i guess anyone can make a living with that, well i mean normal people....., dont risk beyond your recovery possibilities.

60% a week from risking 0.3% per trade , ha ha , v funny

Its not funny, just do the math.
We have a theoreticall account with 10,000 usd
Each position will be of 10,000 * .003 = 30.00 usd
With a position of 30 usd each pips is worth 3.00 usd
You make 2,000 pips each week, so your profit is 2,000 * 3 = 6,000
So your return is 6,000 / 10,000 = 60%
These depends on your ability to make 2,000 pips each week.
To make that amount of pips you have to follow at least 20 pairs because the opportunities you are looking for are not shown each day at each pair, so your goal will be to make 100 pips / pair / week.
Is that difficult?, i dont think so, i am telling you just making 1,000 pips / pair / week would give you back 30%, so again, is it dificult to make 50 pips from each pair each week?, again, i dont think so.
In my case i start the week setting the way at wich i will be looking for my opportunities, maybe some pairs will not show any chance but others will give you a lot more than a single chance and i am not looking for 30 pip trends.
It should be easier for you than for me because when the real motion at the market starts its 8 am for you it is midnigth for me, so i have to be more carefull because sometimes assian markets can change the whole picture and i can have troubles to realize a specific position.
Anyway, i have made over 1,000 in a single day, so i am not talking nonsense, i am talking about the method i follow with an exellent income for me, and with a sucess rate of over 95 %, whats the funny thing here?