Or maybe you are already profitable, what do you do? Trade your own money, retire early and enjoy life? Or start a business around trading and trade other people's money? Maybe start teaching trading instead or be a signal provider? Or just being an investor in businesses completely unrelated to trading?
Price and volume reveals everything. The market moves on supply and demand.
I funnel my profits into long term stock investments, and setting aside more money for real estate I want to buy once the current housing bubble bursts and prices go down at least 30% once the recession hits full swing after the stock market has its major drop by the end of this year/early 2023 of probably 60%.
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Membership Revoked
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Joined Jun 2011
|9,885 Posts
I am a profitable trader, but far from a full time trader. I view my trading account as slow-and-steady investment at this point, not a cash generator for daily living. I generate anywhere between about 20% and 100% per year, depending on how much time I put in trading. I have many other interests and activities, so much of the profits simply remain in the account to enable larger lots to be used. When the account total gets a bit larger, I intend to start taking some of the profits out to have some substantial cash at hand.
