Flying Dutchman

3 days of Market Structure, a Textbook example.....(the Big Round Numbers speak for themselves)

textbook

This is different for everyone, also what you define being a "Pro". Your definition may be different to mine.

The projected income to give up your regular employment (salary) will also be different for each person, depending on what your profession is.

For example, an average salary of a GP is £98,000 pa, a school teacher £28 - 38,000 pa, a manual labourer is around £30,000 pa.
You know what yours is and what level you need to surpass your income + to become a "Pro" or full time trader.

You know what your targets will be per week, per month to replace that steady income from employment.

You also know what your trading stats / performance results are like, even if you are part -time. Maybe if you could trade 2 sessios instead of just the one.
You know what your risk tolerance is like, per trade, per day, per week. ie what you can afford to lose.
You also know what profit targets in pips, you can consistently achieve, per trade average, per day, per week.
What RR per trade you achieve consistently. Win Rate will come automatically after, You can't know this before.

Then it's simply reverse maths to calculate what amount your trading capital has to be at. to go "Pro".

Of course, the best way is to build up to it & not go all in. But that again is your choice.

Disclaimer : All the above is only my own personal opinion, always take professional advice from your accountant or financial adviser first.
Let's be clear of which I am neither.

Do your due diligence, when it comes to making a big step such as ths.

SP500 few pips scalped short and long.

Cream cake and cup of tea here

I would tell you "Wyck " - Off out of here.

Was thinking about a punt on the bounce
But decided to watch the horses this afternoon

Triple top was good. 3 x the normal ADR today, over 2.6 % drop.

Magic RN 160.00

E/J fell off the cliff from consolidation.
It's the lines TT

JPY

What a brilliant day. Wish every day was like this but onwards and upwards.
That's it for today. Back tomorrow unless roped into shopping trip.

Reward for today ?

It's all Market Structure, Price will end up there.

Shabs
Much prefer the term
Fractal

Careful your entering my world
Spud

Market structure is the characteristics of whatever market. It is a repeatable skeleton framework of the basics of how the market moves. Very definable once you see it.

Fractal is a never ending repeatable pattern. When used in context of the markets it means an hourly chart looks the same as a 5 minute chart or essentially the same mechanics play out in a similar manner no matter the timeframe.

Is it Potato or Potatoe or does it only get an e when it is plural, potatoes. English - wtf.

Not worried what you call them, as long as their are
8 = an Octave

Chips