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Curious as to What everyone does?
Started:September 9th, 2016 (07:24 PM) by learning0101 Views / Replies:246 / 2
Last Reply:September 11th, 2016 (06:14 PM) Attachments:0

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Curious as to What everyone does?

Old   #1 (permalink)
Elite Member
Houston, Texas
 
Futures Experience: Beginner
Platform: NinjaTrader
Favorite Futures: futures
 
learning0101's Avatar
 
Posts: 239 since Aug 2011
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Curious as to What everyone does?

Hi all-- been member for while searching,looking,reading etc... A thought came to mind which is simple.
What do most of you do?
Do you trade for a living? Really trade and provide for yourself and others?
Do you exist only here in this forum?
do you just exist here as a wannabe trader?
Hoping to find the Holy Grail?
ETC..........
Just curious
As for me I work at a stupid job but hey pays the bills and just thought I would throw out to the community to address for ME and for any newcomers kind of what actual percentage of people that browse/peruse the forums that actually are providing for their dreams,retiement, health insurance, and any significant expenses related to REAL life that you are covering with trading?
Think it might have some meaning to those of us thinking we can find all of our dreams just by downloading a trading platform and throwing 500 bucks at it!


Thanks to anyone willing to let it all out and comment--could save some lots!


Last edited by learning0101; September 9th, 2016 at 09:16 PM.
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Old   #2 (permalink)
Membership Revoked
Duluth MN
 
Futures Experience: Intermediate
Platform: NinjaTrader/Sierra Chart
Broker/Data: AMP
Favorite Futures: ES
 
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learning0101 View Post
Hi all-- been member for while searching,looking,reading etc... A thought came to mind which is simple.
What do most of you do?
Do you trade for a living? Really trade and provide for yourself and others?
Do you exist only here in this forum?
do you just exist here as a wannabe trader?
Hoping to find the Holy Grail?
ETC..........

Thanks to anyone willing to let it all out and coment--could save some lots!

Hey! Good question. Maybe we can get a poll on the front page regarding this!

I personally trade profitably. Check out my journal if you want more of an "explanation" of what my story is. The first post explains

https://futures.io/trading-journals/40318-how-i-trade-living.html

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Old   #3 (permalink)
Market Wizard
Kyoto, Japan
 
Futures Experience: Beginner
Platform: TOS
Broker/Data: TD
Favorite Futures: UVXY and VIX Options
 
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Posts: 759 since Oct 2013
Thanks: 595 given, 527 received


It's an advantage to have a cash flow stream that is independent of your trading PL.

The reason is that we all go through drawdowns and if we don't have cash flow from somewhere the fact of the drawdown is going to affect our trading adversely.

In my case, I have a services business. At some point, when I have a very large amount of capital I will scale back that business.

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