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Anyone Trading For A Living?
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Ozpips

Member Since Feb 13, 2012  32 posts I eat pips (Ozpips) Oct 15 2012 at 23:49
Thanks. I just told him that I made a decision not to be a 'slave' for $25 an hour anymore!!

incometrader

Member Since Aug 22, 2012  130 posts Vader FX (incometrader) Oct 16 2012 at 00:30
That's what it really comes down too - freedom!

Know what to expect from your strategy and stick with it.
James_Bond

Member Since Jan 14, 2010  556 posts James_Bond Oct 16 2012 at 09:34
Ozpips posted:
Thanks. I just told him that I made a decision not to be a 'slave' for $25 an hour anymore!!


smiley

So how is your journey going? Have you had good experience since going full time? Any words of wisdom for the rest of us based on your experience?

davidg005

Member Since Oct 17, 2012  2 posts davidg005 Oct 18 2012 at 06:28
Hi James, I have been trading for a living for 47 years now, my grandfather and father were both traders, my grandfather was a cotton trader in London in the 1880's

James_Bond

Member Since Jan 14, 2010  556 posts James_Bond Oct 18 2012 at 09:57
davidg005 posted:
Hi James, I have been trading for a living for 47 years now, my grandfather and father were both traders, my grandfather was a cotton trader in London in the 1880's


Damn, you must have a long track record!

Are you trading your own money or working for a firm?

ChallengeFX

Member Since Oct 17, 2012  8 posts ChallengeFX Oct 18 2012 at 14:59
I trade full time, but don't do it for a living yet as I make no drawings from the profits. The intention is to turn 'pro' as I finish University next year as a mature student.

You are yourself, work for what you want & take the falls. The rewards will come in time when you least expect them.
davidg005

Member Since Oct 17, 2012  2 posts davidg005 Oct 18 2012 at 21:16
James, I have always been an independant trader, I only ever trade my own money. Im past retirement age now but I still like to trade. Ive earned a good living out of it albeit having my ups and downs but the way I have structured my finances I could have 12 consecutive months of losses and still be in a good financial shape. When I had very good months the extra was put away for a rainy day(make that bad months)

javicolonbo

Member Since Dec 20, 2011  3 posts javicolonbo Nov 08 2012 at 17:46
I trade full time since 4 years ago. I recommend to read this linked post for all those who are still trying to live of their trading
https://www.tradeslide.com/stick-to-your-path/.
Lets see if this blog keeps its quality, i found it yesterday but seems to be different from others.


RollingStones74

Member Since Nov 09, 2012  76 posts David (RollingStones74) Nov 09 2012 at 10:17
ChallengeFX posted:
I trade full time, but don't do it for a living yet as I make no drawings from the profits. The intention is to turn 'pro' as I finish University next year as a mature student.


gosh it should be kinda hard to do the full time job without any income from it. actually if I were you I would rather to choose part time trading plus learning. because if you don't have any profit, there can be any mistakes in your strategy...

If you want to end up with a nonaverage net worth, a “learn from someone else” attitude is paramount. Putting your ego aside and admitting that you don’t know it all isn’t easy, but it is the mindset of true winner ----Paul Tudor Jones.
rjm354

Member Since Sep 04, 2011  42 posts Ray (rjm354) Nov 11 2012 at 19:34
Patients is the key to trading. And getting the concept of winners and losers. I found these 2 articles helpful because these used to be a problem for me. I have trained myself to be patient and wait for what I am looking for. All these tools from all these posts will help you trade full time.

https://www.learntotradethemarket.com/forex-articles/secret-ingredient-to-forex-trading-success

https://www.learntotradethemarket.com/forex-articles/the-one-fact-about-trading-you-need-to-know-now


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BOJ Summary of Opinions (1 day)
Uncover tech-stock exposure through a VC...(38 min ago)
EURUSD 1.16575 GBPUSD 1.32627
USDJPY 109.987 USDCAD 1.32737

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