pedro01
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Let me give you a hypothetical situation.
Let's say you had an English guy living in Asia who runs a company & earns a 6-figure salary but is suffering from terminal boredom as the company virtually runs itself. This does give our hypothetical friend lots of time to learn.
Let's also say that this person has a pot of around $200,000 that he can make available for trading once he is confident that he has a method that works for him.
Let's also say that this guy is already learning to trade, trading small amounts on long term trends & understands that this is going to take a lot of time & effort to get to the point of being profitable.
Given this - would this person be able to realistically expect to replace their 6-figure income with a career in trading ?
Or is it that successful Traders are just pulling in $100-$200 a day on average ?
Of course, I know that the amount you make depends on the amount you stake per trade. Hence the numbers above !
Cheers
Pedro
Let me give you a hypothetical situation.
Let's say you had an English guy living in Asia who runs a company & earns a 6-figure salary but is suffering from terminal boredom as the company virtually runs itself. This does give our hypothetical friend lots of time to learn.
Let's also say that this person has a pot of around $200,000 that he can make available for trading once he is confident that he has a method that works for him.
Let's also say that this guy is already learning to trade, trading small amounts on long term trends & understands that this is going to take a lot of time & effort to get to the point of being profitable.
Given this - would this person be able to realistically expect to replace their 6-figure income with a career in trading ?
Or is it that successful Traders are just pulling in $100-$200 a day on average ?
Of course, I know that the amount you make depends on the amount you stake per trade. Hence the numbers above !
Cheers
Pedro