| Re: Full time trading does it really pay Quote:
Originally Posted by brettus It's decent, but in reality you won't make £100 a day(not you). Some days you will, but not everyday. Just realistically it's not possible for 99% of traders. You can't always be right. Also the psychological pressure, due to the fact that you have to make money. In theory it sounds easy. |
Don't forget drawdown periods, the desirability of growing your account, on and on.
In theory it is perfectly possible - risk 2.5% per trade (£500), average just 2R per week (£1000), £50,000 per annum. Easy!
In practice however, £20,000 is woefully under capitalised.
However, since Black Swan is concerned with theory rather practice, and doesn't actually trade for a living, you have to excuse him not understanding the difference.
That said bud, IMO it's not fookin rocket science is it mate ffs. Tbh I cba to explain it, but even BS with his practice breadcrumb account should have got it by now ENDEX. Bless...
I might chuck around some cliches and trading jargon so it sounds like I know what I'm talking about.
Last edited by Pazienza; Jan 15, 2011 at 4:25pm.
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