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Anyone Trading For A Living?
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maxpro_vn

Пользователь с Oct 15, 2012  25 сообщений maxpro_vn Nov 19 2012 at 08:22
I have five years experience for trading.

Currently, I trade for living for nearly two years.
I programe EA then trade for myselft and mainly others.
My target 1% daily or 15% per month -- >EA will automatic turn off.

I've got part-time job also just for free of my time.

Good luck !

sd59

Пользователь с Jun 15, 2012  13 сообщений sd59 Nov 20 2012 at 05:21
This is one of the best threads I have ever read so thanks for getting it started James Bond.

I have been trading for 3 years, done a couple of pro training courses, lost money (of course) but I want to go full time next year. It's a daunting feeling but I'm sure the feedom will be worth it. Patience is the hardest part of trading - I would rather wait for low risk trades, only take 10 trades per month (400 pips total) @$10/pip - this is pretty much what I need to live on.

Good luck to everyone.

zlion

Пользователь с Feb 28, 2011  8 сообщений zlion Nov 20 2012 at 19:35
sd59 posted:
This is one of the best threads I have ever read so thanks for getting it started James Bond.

I have been trading for 3 years, done a couple of pro training courses, lost money (of course) but I want to go full time next year. It's a daunting feeling but I'm sure the feedom will be worth it. Patience is the hardest part of trading - I would rather wait for low risk trades, only take 10 trades per month (400 pips total) @$10/pip - this is pretty much what I need to live on.

Good luck to everyone.


I agree with you (sd59), it is a really good thread, big thanks for James_Bond and you all! I got here a lot of inspiration that 'don't give up!'. I 've been learning Forex trading for 1,5 year and had a lot losses on live accounts (I had no patience to learn on demo, I wanted to get the big money instant.. :/ ). Now I try to change my mind and became a PATIENT, rarely trading, successful, financial free 'forexman'. Big win pips for everyone! :)

Don't PANIC!
Dangermouse

Пользователь с Nov 05, 2012  1 сообщений Dangermouse Nov 20 2012 at 20:17
Guys, a quick thank you to all those that contributed to this post and to James Bond for starting and keeping it going. I do not normally contribute to fora such as this (nor do I read them) as many of them attract crazy and unnecssary as well as invaluable remarks. But this one has been really interesting and most valuable.

I also started trading part time about 2 years ago and am still trying to get the hand of making a profit! However, your remarks have been encouraging and good luck to all of you!!!

myfxpedia

Пользователь с Mar 31, 2012  41 сообщений myfxpedia (myfxpedia) Dec 01 2012 at 17:23
Thank guys,

Last month we have 900 pips+ and 4% up, consider a tough month with biggest election in the world and greece, spain..

Anyway, December would be a slow month, so see you guys next year 2013

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Happy trading
Matt


I truly believe that trading teachs more about life than almost anything else I know
Supranium

Пользователь с Nov 05, 2009  76 сообщений PipAddiction (Supranium) Dec 01 2012 at 19:16
Im trading for living. In sport markets for 7 years, stocks and forex last 3 years.

Emo2010

Пользователь с Jun 06, 2010  69 сообщений PST_Trader (Emo2010) Dec 08 2012 at 09:51 (Отредактировано Dec 08 2012 at 09:52 )
zlion posted:
My goal is that but unfortunately i did not reached it yet. I have traded the forex market for about one and a half year. I have learned a lot, lossed a lot, and I hope I will one of them who trade for a living next year. I never ever give up! :)


Good luck with your goal.

Don't allow yesterday's success to lull you into today's complacency, for this is the great foundation of failure.
Emo2010

Пользователь с Jun 06, 2010  69 сообщений PST_Trader (Emo2010) Dec 08 2012 at 09:56
Mrdegorbi posted:
From the first day I got to know what is ForeX I planned to live from it.
 What I like in it is:
- 'Flexible' work hours - I work when I want...
- I'm not 'tied' to one place- I can do it at home , cafe or during holidays in Spain ;)
- No boss over me
- As I only scalp- it takes few hours to make those 10-15 pips daily and the rest of the day I can spend doing what I like ;)

It took me one year to find suitable to my nature ( and profitable) trading system. In my opinion main problem traders have is lack of patience... If you hope to earn more then 2-3% daily you can forget about earning at all...




very turn when you master of art of trading, you are pretty much a free bird =) I am glad you made out.

Don't allow yesterday's success to lull you into today's complacency, for this is the great foundation of failure.
Emo2010

Пользователь с Jun 06, 2010  69 сообщений PST_Trader (Emo2010) Dec 08 2012 at 10:03
Financialarts posted:
I've calculated my minimum capital requirements for me that i would be able to get a decent living from trading.
unfortunatly i've just graduated, am looking for a job and am short on cash.
But here's the math:
In my country I would be able to live from 3000 USD/month, which is more than I would earn working.
So for 20 trading days present in a month I would need to gain 150 USD/day
I currently have 3 mini real accounts with my current broker I can use to get to this 150 USD/day so this will result in 50 USD/account
Now: my current stratigy allows me to gain a 5 USD -10 USD/day for each ea active on a chart
to run the EA safely multiple times(5times) I would need 4000 USD/account
So the minimal capital:
12 000 USD in the case an average of (10 USD/day)/EA run is gotten
24 000 USD in the case an average of (5 USD/day)/EA run is gotten
now to apply this in real life:
Lets say I save 1000 USD/month when I have a job, living with mom and dad, my future would be I needed to work less then 2 years to be indipendant, knowing I'm running 3 accounts each with 1 time the EA the odds will be I reach this target within 1 year.

So I envy those people who already have 30 000 USD starting cash and in my opinion should be set for life :)
but then again if everyone could reach these targets the economy would collapse :D

To top this all off and make nonsense of what I wrote above, I'm only trading this stratigy live for 3 weeks with the small cash I have, so this isnt bulletproof nor has the stratigy been proven to never crash. Even though I hadn't had a day to have losses with this stratigy, I can not garantee succes :) no one can, we can just make an educated guess.
So fingers crossed :D


I am sorry brother, the EA would hardly work. I have been in the market for over 5 years, and yet, i spotted and a good stable EA that would general consistance incoming. I guess my point is if you somehow find EA that would work for your above calculation, not just you, many many other traders would become rich fast.

Work through your emotional hardship during trading and learn from your mistakes would be a good way out. I have checked your systems, and you need more than 3 years to master trading if you are going without a mentor.

These are my honest opions for you. Good luck.

Don't allow yesterday's success to lull you into today's complacency, for this is the great foundation of failure.
universalfunds

Пользователь с Sep 24, 2012  26 сообщений universalfunds (universalfunds) Dec 08 2012 at 10:14
I trade for living for like 5years now

Always Preserve Capital So To Trade Next Time
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