DislikedI wanna make clear, that this is not my real case....
It was only an example of what I've read many times.....
People who assure they make a life from a 3K, 5K or 10K accounts.....
For me, this looks like impossible, even asking for earning 2K, 3K a month....Ignored
Here is the truth I've learned about money.
There was a time I thought "Gee, 50K a year. If I could get THAT, I'd be set." I got it fairly soon, and thought "Well, that allowed me to get a nicer car and few things. 100K - that is the real deal". Well, again, 100K came and went. Vacations got better. Better suits and furniture. More dinners out. 200K. Now that would be the bomb - right? Not so fast. Now you stay at the Ritz Carlton, The Four Seasons and the Amangani in Jackson Hole. Your suits are Hickey Freeman. You think in terms of "The Best". You discover a highly secluded spot on the Ocean in Kauai - and book it 10 days at a time. Then there is that expensive wife. She discovers "Chocolate Pearls" while on a South Pacific vacation. They are beautiful - and expensive. And of course your own toys ....
200K is not that much money. Neither is 500K. Or a million a year. Those numbers seem big, until you hit one of them.
The plain truth is this: you will live at the level your income allows. Period. (Are there any ascetics here?)
As for me - I am not going to take a pay cut to go full time into Forex. And I must grow my account as I go along. That expensive wife just developed a taste for Bergdorf Goodman...
But hey - that is the observation I have made in myself and everyone else I know. My advice - forget dreaming about income. Start over by obsessing 1000% on getting great at trading. The money will follow. It always does. It has worked for me to focus on being very good at what I do. The best, IMHO. Money came, and came fast.
I'm pretty much done with all this ...