Quote: (02-06-2012 10:01 PM)Entropy Wrote:
On trading for a living?
By the rate things are going, at the end of the year, i should be using trading as my sole income. It is already my main income(it beats the earnings from my science job). So far, so good, the goals are on track. I am not comfortable using trading exclusively until i am over the $500k mark.(yes, i know, you can trade for a living using 50K or 100K. For whatever reason, my psychology cant tolerate that. I need over $500k to personally be comfortable enough to quit my science job which pays handsomely enough.). Unless major shit happens, this is the year for me.
HOW ABOUT YOU, MR SHEESH?
I have pushed trading to the side after graduating from university and need to focus on my career for a bit.
I think that 500k is an excellent starting base, lol. I'm not willing to trade for a living until I have at least 100k.
Anything less and the pressure is just too high to make correct decisions in trading. From 5k to a million is every little trader's dream but that only leads to blowing up.
An alternative route for me could be a legit prop shop but we will see.