Dislikedas I said, I hope you find a good way to make insane amounts of money (and teach me then), but till now I am happy with making my yearly percentage, cause I personally have not been able to achieve 1000% + a year yet.
cheersIgnored
cool. it's basically a supercharged savings account accruing better than average interest. being an EA it's on a degree of cruise-control.
BUT, and i've asked this before and don't think anyone has replied, how does someone who is wildly rich and is a trader get to that point? think back to the guys in the pits. did they all start out with wealth and then decided they wanted to be a pit trader for their profession? did they take out some hefty loan from a bank which they then used to scrape out a few percent gains a year, and then had to deal with repaying the loan as well?
or, did they have some seed capital money that they traded into bigger and bigger profits and became stinking rich and moved into dirty big mansions filled with crap they don't need but can afford?
it's one thing to be at a prop shop or hedge fund. the agenda can be entirely different in those circumstances. i'm talking purely about the guys who are trading their own money for their own living. similarly for anyone who trades from home. are none of them wildly profitable? did they all somehow begin their trading career as wealthy people who could afford to make small percent gains on their account (which equal large real world dollars), or did they have some seed capital that they turned into a monster amount?
i find it very hard to believe that traders who are currently wealthy began their trading career already full of wealth.