评分: Full Star Full Star Full Star Full Star Full Star
Anyone Trading For A Living?
以前的 1 .. 4 5 6 7 8 9 10 .. 34 下一步
Chikot

从……加入成为会员 Jan 14, 2010  2299个发言 Chikot Dec 08 2012 at 10:26 (最后编辑时间Dec 08 2012 at 10:26 )
I am trying to get there now. But it is not what i am doing here for all to see. It is private. will let know when I succeed.

Emo2010

从……加入成为会员 Jun 06, 2010  69个发言 PST_Trader (Emo2010) Dec 08 2012 at 10:34
James_Bond posted:
I'm wondering how many traders are actually trading for a living? Please do not spam you system here as that is not the point of this topic. What I'm looking to find out is the answers to the following questions, (if you are trading for a living):

- How did you make the move from part time trading to fulltime?
- What starting capital did you require to trade full time?
- Has your performance changed once you did the transition from part to fulltime?
- Are you happy with your decision?
- Do you trade only your own money? Either yes or no, why?
- Do you see yourself still trading fulltime in the long term?

If more questions come to mind, I will be sure to post them as well smiley


Hi Jame,

I am glad you had thos post out, and i am gonan do my best to try to give some advices. I hope they would help you out on the patch of trading Forex.

- How did you make the move from part time trading to fulltime?
when you are are able to make pips consistently.
when you figured out trading is a challenge to your inner self other than something you try to impress ppl around you.
when you figured the benfit of trading and decide to fully commit the next 2-5 years to trading and trading ONLY.

There would be more, but these would be the key points I can think of for now =)

- What starting capital did you require to trade full time?
1. It's the key to fully BACKTEST your system on a LIVE account to figure out what your monthly return rate is.
(Please remember it must be a live account because it give your a whole new emotional challenge than trading demo account. And you must get use to trading live account FIRST)
2. Figure out what your monthly expense
3. If you monthly expense is $2000, and your average return rate is 10% You would need $20,000 to start. I would suggest you to prepare 3 - 6 moths money on the side just incase you start with several losing months. This way you would still have food to eat and place to stay when your system does NOT perform well.

- Has your performance changed once you did the transition from part to fulltime?
Your performance will be badly affected when every lose trade cost one of your daily meals. So have enough money set aside to keep you in good shape during bad months.
  
- Are you happy with your decision?
YES if freedom is what you are looking for.

- Do you trade only your own money? Either yes or no, why?
I do both.
You would probably start with trading your own money. After you become good at it, your system will draw ppl and friends towards you.
To me, trading mine and someone else's money is feels the same. The only differences is when you trade someone's money and if you ask for the account management fee which is about 5-10% total account amount, you get paid right the way didn't matter you lose or win. Of course, if you lose for several months in a roll, you would probably lose your rights as well.

- Do you see yourself still trading fulltime in the long term?
I would put YES for this question.

excuse my typo, and hope this would give you some help.
Good luck and keep your eyes open. See you at the finish line.

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

从……加入成为会员 Jun 06, 2010  69个发言 PST_Trader (Emo2010) Dec 08 2012 at 10:36
Chikot posted:
I am trying to get there now. But it is not what i am doing here for all to see. It is private. will let know when I succeed.


=) we will wait.

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

从……加入成为会员 Jan 14, 2010  2299个发言 Chikot Dec 08 2012 at 10:49
grin

Emo2010 posted:
Chikot posted:
I am trying to get there now. But it is not what i am doing here for all to see. It is private. will let know when I succeed.


=) we will wait.

Financialarts

从……加入成为会员 May 30, 2012  134个发言 Financialarts Dec 08 2012 at 20:41
This topic remains to be verry interesting.

Trading for a living would be nice.
Anyone got a spare 10 k USD to put in a PAMM account to get me started? ^^
Check my best independant verified and still ongoing result at the atc 2012 championship:
https://championship.mql5.com/2012/en/users/Financialarts

Only reason I don't got the money myself is because I only recently graduated. :)
Everyone making their money trading for a living: Congrats to you guys, hope to become one of you in the short future.

I am the change in the market that causes you to lose :p / Watch out before I negative pip you! ^^
TPOTrader

从……加入成为会员 Oct 25, 2012  20个发言 TPOTrader Dec 08 2012 at 20:57
I'm a full time trader since Oct 2012. I started trading since 2007 with various brokers (forex.com, ibfx, now oanda).

I only trade the EURUSD since 2009. So I know this pair very well.

Grinding the trades
RollingStones74

从……加入成为会员 Nov 09, 2012  76个发言 David (RollingStones74) Dec 20 2012 at 08:33
@TPOTrader you trade really great! congrats to your change to the full time trading, you may have the real gift in this field)

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.
TPOTrader

从……加入成为会员 Oct 25, 2012  20个发言 TPOTrader Dec 21 2012 at 03:54 (最后编辑时间Dec 21 2012 at 03:55 )
Thanks David.

Only time will tell if I'm a good trader or fail like the 95%.

If I am proven to be a good trader, I would love to leverage my skills. I've signed up with sites like fxstat, fxjunction, collective2, currensee that will allow me to indrectly manage OPM. Most of them are under the probationary mode-so i'm assuming sometime in Jan or Feb 2013, other people can start following me. Just search for 'TPOTrader'

Grinding the trades
universalfunds

从……加入成为会员 Sep 24, 2012  26个发言 universalfunds (universalfunds) Dec 21 2012 at 05:24
TPOTrader posted:
Thanks David.

Only time will tell if I'm a good trader or fail like the 95%.

If I am proven to be a good trader, I would love to leverage my skills. I've signed up with sites like fxstat, fxjunction, collective2, currensee that will allow me to indrectly manage OPM. Most of them are under the probationary mode-so i'm assuming sometime in Jan or Feb 2013, other people can start following me. Just search for 'TPOTrader'


Is there any reason that make you guys always lock up your balance, equity, etc of you published accounts on my fxbook? seen that severally

Always Preserve Capital So To Trade Next Time
TPOTrader

从……加入成为会员 Oct 25, 2012  20个发言 TPOTrader Dec 21 2012 at 06:45
universalfunds posted:
TPOTrader posted:
Thanks David.

Only time will tell if I'm a good trader or fail like the 95%.

If I am proven to be a good trader, I would love to leverage my skills. I've signed up with sites like fxstat, fxjunction, collective2, currensee that will allow me to indrectly manage OPM. Most of them are under the probationary mode-so i'm assuming sometime in Jan or Feb 2013, other people can start following me. Just search for 'TPOTrader'


Is there any reason that make you guys always lock up your balance, equity, etc of you published accounts on my fxbook? seen that severally


For me personally, it's just tacky. I think this is the only profession where you go around asking people how much $ they have or how much they make. Although it's true our job is money it's still taboo to some. Having balance/and profit locked gives some dignity-at least to me.

I'm with you on this though-about being transparent. I don't understand why some would hide their trading history. Open trades? sure-maybe they don't want you to freely copy their trades. but hiding trading history doesn't make sense to me. And so is not having trading verified or trading privelege verified. I also see accounts of supposedly 'fund manager' trading DEMO money. What is that about?

Like i said, i'm a full time trader. I do share my trading history WITH trading size lots for each trade. IF you want really want to know what kind of money i deal with just look at my trading history and do simple math. I don't trade pennies. I make sure i make several times my mortgage payment every month.

Grinding the trades
以前的 1 .. 4 5 6 7 8 9 10 .. 34 下一步
Producer Price Index (YoY) (3h 30min)
Key economic events ahead - TDS(5 min ago)
EURUSD 1.15865 GBPUSD 1.31682
USDJPY 110.142 USDCAD 1.32723

工具

社区

评论

交易商

平台

支持


推特 |  Facebook |  网站地图  |  条款  |   隐私权政策
©2014 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.